Showing 1 - 10 of 108
subject to tighter regulation. However, within a few days, investors change their perception in the case of both euro-zone and …
Persistent link: https://www.econbiz.de/10012853915
Islamic finance is based on ethical principles in line with Islamic religious law. Despite its low share of the global financial market, Islamic finance has been one of this sector's fastest growing components over the last decades and has gained further momentum in the wake of the financial...
Persistent link: https://www.econbiz.de/10013083299
This paper studies the development of a firm’s Environmental, Social, and Governance (ESG) performance following the issuance of “green loans” earmarked for green projects versus “sustainable loans” to firms bench-marked by ESG criteria. Firms issuing green loans appear to be effective...
Persistent link: https://www.econbiz.de/10013202785
Banks play a special role as providers of informative signals about the quality and value of their borrowers. Such signals, however, may have a quality of their own as the banks' selection and monitoring abilities may differ. Using an event study methodology, we study the importance of the...
Persistent link: https://www.econbiz.de/10003832012
This paper provides the first empirical evidence that bank regulation is associated with cross-border spillover effects … of host-country regulation …
Persistent link: https://www.econbiz.de/10013099025
This paper provides the first empirical evidence that bank regulation is associated with cross-border spillover effects … of host-country regulation …
Persistent link: https://www.econbiz.de/10013066428
External imbalances played a pivotal role in the run-up to the global financial crisis, being an important underlying cause of the ensuing turmoil. While current account (flow) imbalances have narrowed in the aftermath of the crisis, net international investment position (stock) imbalances still...
Persistent link: https://www.econbiz.de/10013491696
Persistent link: https://www.econbiz.de/10014482951
,000 bank-year estimates of individual bank market power. We find that ownership does not explain market power at the individual … bank level. However, at the country level, foreign bank ownership has a positive and significant impact on market power … increases in market power primarily originate from decreases in the marginal cost …
Persistent link: https://www.econbiz.de/10013033620
Using a sample of non-financial domestic firms in transition economies from Eastern Europe and Central Asia, we examine whether and how inter-industry spillovers from FDI in the banking sector occur. Our findings show that the innovation pursued by domestic firms benefits from foreign bank...
Persistent link: https://www.econbiz.de/10012419447