The 1980s and 1990s have been marked with a series of financial and banking crises all over the world. This turned the … bank-based financial system against a market-based one. Instead of considering the role of financial intermediaries and …

explained by theories on signaling. So, good borrowers choose short maturities to signal their good quality to the bank and to … made to micro, small and medium enterprises (MSMEs) by one Bulgarian bank between 2003 and 2007. Chapter 3 studies the …, long-term or mortgage loans. My results also indicate that this is driven by firms’ anticipation that the bank is reluctant …

Situation auf dem formellen Beteiligungsmarkt in Deutschland nach dem Ausbruch der Finanzkrise. Neben den allgemeinen …

partly by increasing coordination.By contrast, much of financial economics is premised on a world without coordination. Basic …

models proved to be inadequate. A principal secondary aim of the thesis was the testing of these methodologies - in real-world … research results required it and and the introduction of practical ways to use the results of the thesis in a post-crisis bank … risk management environment. Some of the bank asset portfolios that were investigated in the thesis were generated …