Showing 1 - 10 of 170
This paper sheds new light on how African countries’ legal systems and institutions influence the governance and stability of their banks. We find that institutional factors, in particular the legal family of origin, political stability, contract enforcement and strength of investor protection...
Persistent link: https://www.econbiz.de/10011865442
This paper sheds new light on how African countries' legal systems and institutions influence the governance and stability of their banks. We find that institutional factors, in particular the legal family of origin, political stability, contract enforcement and strength of investor protection...
Persistent link: https://www.econbiz.de/10011873681
individual bank stability. We propose and test the hypothesis that this causal relationship is mediated by the degree to which … banks comply with their central bank's corporate governance recommendations. Specifically, we exploit the fact that there is … protection promote provision of supervisory guidance. If a central bank has published supervisory guidance, local banks show …
Persistent link: https://www.econbiz.de/10012821229
Since the European debt crisis economists and politicians discuss intensively the sovereign-bank nexus. The high … exposure on bank stability. This paper provides a new way to use European stress test data to study this relationship. In … addition, we explore the effect on a bank’s probability of default if the existing capital requirement privilege for EU …
Persistent link: https://www.econbiz.de/10012510319
Interest in the role of diversity in banking sectors has increased substantially since the financial crisis (and the subsequent sovereign debt crises) have hit European countries differentially. The purpose of this note is to hint at crucial research gaps in terms of appreciating consequences of...
Persistent link: https://www.econbiz.de/10012153580
This paper analyzes the causal relationship between institutional diversity in domestic banking sectors and bank … stability. We use a large bank- and country-level unbalanced panel data set covering the EU member states' banking sectors … of institutional diversity in the domestic banking sector positively affects bank stability. The positive relationship …
Persistent link: https://www.econbiz.de/10012215264
Wenn Staaten und Banken gegenseitig zu abhängig voneinander sind, leidet die Stabilität des gesamten Finanzsystems. Das war eine Lehre aus der Finanz- und Staatsschuldenkrise im Euroraum. Mehr als zehn Jahre nach deren Beginn scheint es jedoch nicht gelungen, die ungünstige Verquickung von...
Persistent link: https://www.econbiz.de/10012230939
sovereigns become too intertwined. However, there has been seemingly little success in reducing the bank-sovereign nexus in the …
Persistent link: https://www.econbiz.de/10012233321
Wenn Staaten und Banken gegenseitig zu abhängig voneinander sind, leidet die Stabilität des gesamten Finanzsystems. Das war eine Lehre aus der Finanz- und Staatsschuldenkrise im Euroraum. Mehr als zehn Jahre nach deren Beginn scheint es jedoch nicht gelungen, die ungünstige Verquickung von...
Persistent link: https://www.econbiz.de/10012209760
sovereigns become too intertwined. However, there has been seemingly little success in reducing the bank-sovereign nexus in the …
Persistent link: https://www.econbiz.de/10012209740