Showing 1 - 10 of 68
This study examines the actual funding behavior of German innovative firms in the pre- and post-crisis period. Specifically, we investigate if and how the funding patterns and financial constraints of German small and medium enterprises (SME) changed during and since the financial crisis. The...
Persistent link: https://www.econbiz.de/10011916059
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
This study examines the actual funding behavior of German innovative firms in the pre- and postcrisis period. Specifically, we investigate if and how the funding patterns and financial constraints of German small and medium enterprises (SME) changed during and since the financial crisis. The...
Persistent link: https://www.econbiz.de/10011916328
This paper focuses on the identification of the causal relationship between central banks' supervisory guidance and 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...
Persistent link: https://www.econbiz.de/10012821229
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/10012916956
This paper investigates the effects of ownership patterns on bank cost and profit efficiencies taking a sample of 607 commercial banks operating in 53 African countries during the period 2005-2015. Using pooled and modified true fixed effects (TFE) stochastic frontier panel approaches, we obtain...
Persistent link: https://www.econbiz.de/10013232623
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 investigates the link between the optimal level of non-financial firms' leverage and macroeconomic … uncertainty increases, firms decrease their levels of leverage. Furthermore, we demonstrate that our results are robust with …
Persistent link: https://www.econbiz.de/10010260813
This paper investigates the link between the optimal level of nonfinancial firms' leverage and macroeconomic … macroeconomic uncertainty increases, firms decrease their levels of leverage. Furthermore, we demonstrate that our results are …
Persistent link: https://www.econbiz.de/10004963696
This paper investigates the link between the optimal level of nonfinancial firms' leverage and macroeconomic … uncertainty increases, firms decrease their levels of leverage. Furthermore, we demonstrate that our results are robust with …
Persistent link: https://www.econbiz.de/10004992130