Showing 1 - 10 of 63,226
This paper assesses how legal origin influences financial development through regulation quality and the rule of law. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law channels are instrumented with legal origins to account...
Persistent link: https://www.econbiz.de/10011410393
This article evaluates the ambiguities and shortcomings of the U.S. Supreme Court decision in Morrison with a particular emphasis on the implications of the recent Porsche decision in the Southern District of New York. We conclude that the ambiguities in Morrison and the implications of...
Persistent link: https://www.econbiz.de/10013129887
headlines since 2010. Events now known as banking or government debt crises often have had elements of both, and could have gone … banking crises as banks were for resolving sovereign debt crises. As capital movements have become more rapid and global, the …
Persistent link: https://www.econbiz.de/10013074254
This is a case study of the Bank of America and Merrill Lynch merger. It is based on the article, Fiduciary Exemption for Public Necessity: Shareholder Profit, Public Good, and the Hobson's Choice during a National Crisis, 17 Geo. Mason L. Rev. 661 (2010). The case study analyzes the...
Persistent link: https://www.econbiz.de/10013038979
's board as part of its decision-making process. Finally, lawyer-directors are skilled at assessing litigation and regulatory … crisis, prompting two principal regulatory responses: stricter capital requirements and enhanced governance. Their …
Persistent link: https://www.econbiz.de/10012841607
of capital, such as Tier 2 regulatory capital, are less (or not at all) valued by investors. Additionally, our main …
Persistent link: https://www.econbiz.de/10012843315
This paper explores the determinants of profitability across large euro area banks using a novel approach based on conditional profitability distributions. Real GDP growth and the NPL ratio are shown to be the most reliable determinants of bank profitability. However, the estimated conditional...
Persistent link: https://www.econbiz.de/10012843521
, with focus on the creation of the Single Rulebook and of the European Banking Union, while extensively addressing the Basel … comparison of the Portuguese and Czech banking sectors and describes the major modifications that they have suffered over the 20 … between the fifth and sixth chapters, provides a comprehensive overview of the evolution of the banking legislation in Europe …
Persistent link: https://www.econbiz.de/10012954286
development, the paper explores the interaction of CIS regulation with corporate governance regulation and prudential supervision …
Persistent link: https://www.econbiz.de/10012910795
As financial institutions and policymakers worldwide are considering how to integrate sustainability considerations throughout financial systems, a critical question is whether banks can effectively assess and monitor borrowers' environmental credit risk. China's green credit reforms, part of...
Persistent link: https://www.econbiz.de/10012899995