Showing 1 - 10 of 603
This thesis contributes to the literature on risk management in banking by presentingthree theoretically oriented … papers, one dealing with bank closure policiesin the event of system-wide banking crises, and the other two with credit … (chapter 4) we analyze bank closure policies in the eventof severe banking crises. In such a situation the regulator can rely …
Persistent link: https://www.econbiz.de/10009476253
This study provides preliminary support for the notion that internal audit function assists in reducing external audit effort and fees. Data on internal audit characteristics and activities are obtained from survey respondents of Hong Kong companies and audit fee model data are acquired from...
Persistent link: https://www.econbiz.de/10009483463
Artículo de revista ; The events of 2023 have served as a reminder of how quickly banking crises can occur. This … the main implications for the banking sector and authorities worldwide. These events are a fresh reminder that the banking … increased resilience of the banking sector, reinforcing again the need to implement the Basel III framework, there are certain …
Persistent link: https://www.econbiz.de/10014502649
We explore the impact of sophistication in risk management as required by Basel II on banking stability and market … conditions. We compare a competitive banking system in which only average ratings are available with a competitive system in … which banks are able to assess the default risk of individual firms. We show that sophistication in banking decreases …
Persistent link: https://www.econbiz.de/10009452515
We investigate the question of whether sophistication in risk management fosters banking stability. We compare a simple … banking system in which an average rating is used with a sophisticated banking system in which banks are able to assess the … default risk of entrepreneurs individually. Both banking systems compete for deposits, loans, and equity. While a …
Persistent link: https://www.econbiz.de/10009452517
ENGLISH ABSTRACT: This study focuses on banking book interest rate risk management, more specifically shortterminterest … relates to lending andborrowing products in the South African commercial banking sector.The lending rates of most South …-rate deposits is exposed to the change of the repo-rate.This short-term banking book interest rate risk is defined based on the fact …
Persistent link: https://www.econbiz.de/10009442160
ENGLISH ABSTRACT: This study focuses on banking book interest rate risk management, more specifically shortterminterest … relates to lending andborrowing products in the South African commercial banking sector.The lending rates of most South …-rate deposits is exposed to the change of the repo-rate.This short-term banking book interest rate risk is defined based on the fact …
Persistent link: https://www.econbiz.de/10009429600
This paper provides survey evidence captured from a sample of 113 respondents to a 2008 questionnaire that was sent to 344 listed non-financial companies in Thailand. The study examines how Thai companies manage their exchange rate exposure post Asian Financial Crisis. Thailand is an interesting...
Persistent link: https://www.econbiz.de/10009483702
The Municipal Manager is responsible for the overall financial management of the municipality as requirement of MFMA. However, section 79(1) of the MFMA makes a provision for the municipal manager to delegate the financial management to the senior manager. The legislative requires that all...
Persistent link: https://www.econbiz.de/10009456011
Integration of risk management and management control is emerging as an important area in the wake of the Sarbanes-Oxley Act and with ongoing development of frameworks such as the Enterprise Risk Management (ERM) framework from the Committee of Sponsoring Organizations of the Treadway Commission...
Persistent link: https://www.econbiz.de/10009437903