Showing 1 - 10 of 113
We investigate whether excess control rights of ultimate owners in pyramids affect banks' adjustment to their target capital ratio. When ultimate control rights and cash-flow rights are identical, banks increase their capital ratio by issuing equity and by reshuffling their assets without...
Persistent link: https://www.econbiz.de/10013056214
and have critical policy implications for the implementation of Basel III and the debate on capital requirements and bank …
Persistent link: https://www.econbiz.de/10013056216
We investigate the determinants of net interest margins of Indonesian banks after the 1997/1998 financial crisis. Using data for 93 Indonesian banks over the 2001-2009 period, we estimate an econometric model using a pooled regression as well as static and dynamic panel regressions. Our results...
Persistent link: https://www.econbiz.de/10013076836
This study aims to investigate whether the presence of institutional investors in family-controlled banks impacts their performance and risk. Using detailed data on Indonesian banks from 2001 to 2008 and controlling for various factors, our results first show that family-controlled banks are...
Persistent link: https://www.econbiz.de/10013045161
Persistent link: https://www.econbiz.de/10012196478
Frictions prevent banks to immediately adjust their capital ratio towards their desired and/or imposed level. This paper analyzes (i) whether or not these frictions are larger for regulatory capital ratios vis-à-vis a plain leverage ratio; (ii) which adjustment channels banks use to adjust...
Persistent link: https://www.econbiz.de/10011995381
bank core capital, suggesting that bank managers tend to increase pure equity to signal better monitoring efforts and avoid … (PLS) principle that considers depositors as investors who agree to share profits and losses with the bank, thus making the …
Persistent link: https://www.econbiz.de/10012927532
We investigate the influence of the institutional environment on bank capital ratios. Using a sample of 149 banks …. Our findings contribute to the bank capital structure literature and have important policy implications for developing …
Persistent link: https://www.econbiz.de/10012934614
We empirically investigate whether a bank's decision to recapitalize is influenced by the separation between voting and … cash-flow rights of the ultimate owner. We use a novel dataset on bank ultimate control and ownership structure of 442 … more pronounced if the ultimate owner is a family or a state, or if the bank is headquartered in a country with weak …
Persistent link: https://www.econbiz.de/10013105411
This paper empirically investigates whether a bank's decision to adjust its capital is influenced by the existence of a … bank is headquartered in a country with relatively weak shareholder protection. Moreover, this behavior is tempered during …
Persistent link: https://www.econbiz.de/10013090948