Showing 1 - 10 of 247
This paper analyzes the evolution in bank performance following the removal of legalrestrictions on the entry of … liberalization occurred in each country. Bank performance isreflected by accounting measures of profitability, net interest margin … significant impacts on bank performance. Indeed, weobserve significant declines in banks' profits and net interest margins, and a …
Persistent link: https://www.econbiz.de/10009360509
Der vorliegende Beitrag untersucht die Determinanten der Performance europäischer ArbitrageCollateralized Loan … Eigenschaften des CLO-Managersund der Transaktionscharakteristika als mögliche Einflussfaktoren der Rating Performance. Eswird … bzw. der Größe eines CLO-Managers und der Rating Performance festgestellt. DerEinfluss des Managers auf die Performance …
Persistent link: https://www.econbiz.de/10009418793
This paper discusses duration models for the quantification of credit risk. Econometric techniques to quantify the …
Persistent link: https://www.econbiz.de/10005840289
Although the world of banking and finance is becoming more integrated every day, in most aspects the world of financial regulation continues to be narrowly defined by national boundaries. The main players here are still national governments and governmental agencies. And until recently, they...
Persistent link: https://www.econbiz.de/10005840292
The focus of the paper is on the remuneration of executives of large European banks. We describe the pay-for-performance …
Persistent link: https://www.econbiz.de/10005840310
der Bank. In diesem Beitrag soll deshalb geklärt werden, ob die Modelle systematisch abweichende Value-at-Risk … allerdings, daß der Grund für die großen Value-at-Risk-Unterschiede in erster Linie in den unterschiedlichen empirischen …
Persistent link: https://www.econbiz.de/10005840344
Es gibt Überlegungen, Kreditinstituten den Besitz der Anteilsmehrheit an Kapitalanlagegesellschaften(KAGs) zu untersagen. Dahinter steht die Vorstellung, daß solche Beteiligungen Gestaltungsspielräumeeröffnen, die mißbräuchlich genutzt werden. Die Neuemission von Aktienist einer der...
Persistent link: https://www.econbiz.de/10005840366
During the last years the relationship between financial development and economic growth has received widespread attention in the literature on growth and development. This paper summarises in its first part the results of this research, stressing the growth-enhancing effects of an increased...
Persistent link: https://www.econbiz.de/10005840401
Individual financial systems can be understood as very specific configurations of certain keyelements. Often these configurations remain unchanged for decades. We hypothesize that thereis a specific relationship between key elements, namely that of complementarity. Thus,complementarity seems to...
Persistent link: https://www.econbiz.de/10005840402
Restricted access to finance is often stated as one of the main obstaclesto the development of the SME sector in Russia. In this paper, wepropose a new lending strategy that allows private banks to profitablyincrease financing of this sector in spite of being at a disadvantagecompared to the...
Persistent link: https://www.econbiz.de/10005843035