Showing 1 - 10 of 13,059
This paper investigates (i) whether growth and profitability persist in banking firms, (ii) whether the level and … volatility of growth and profitability are bank-size dependent, and (iii) the relationship between growth and profitability of a … evidence of persistence in bank growth. However, our findings suggest significant persistence in bank profitability. Moreover …
Persistent link: https://www.econbiz.de/10010274050
have a positive influence on the profitability of firms. This study examines the effect of product diversification on the … profitability of 25 German food industry sectors from 1977 to 1994. The analysis reveals a positive effect of diversification on the … profitability of industries. …
Persistent link: https://www.econbiz.de/10010297120
if they are not. We present empirical evidence on effects of perceived threat of entry on profitability. Using … profitability is confirmed. The number and the relative size of competitors also exert considerable effects. We find no …
Persistent link: https://www.econbiz.de/10010298648
A company’s intellectual capital consists of a set of various non-physical sources of value, such as employee competencies, stakeholder relationships and patents. This paper examines the relationship between intellectual capital and productivity at company-level. It is based on a conceptual...
Persistent link: https://www.econbiz.de/10010285125
Instruments for credit risk transfer arise endogenously from and interact with optimizing behavior of their users. This is particularly true with credit derivatives which are usually OTC contracts between banks as buyers and sellers of credit risk. Recent literature, however, does not account...
Persistent link: https://www.econbiz.de/10010295935
In the work of the Basel Committee there has been a tradition of distinguishing market from credit risk and to treat both categories independently in the calculation of risk capital. In practice positions in a portfolio depend simultaneously on both market and credit risk factors. In this case,...
Persistent link: https://www.econbiz.de/10010295951
regulation influences this decision. This paper attempts to give an overview of the literature in order to see what theory …
Persistent link: https://www.econbiz.de/10010260495
The introduction of the euro marks a milestone in the process of European financial market integration. This paper analyzes the implications of the euro for cross-border banking activities. A portfolio model is used which captures the role of banks as providers of informational and of...
Persistent link: https://www.econbiz.de/10010260522
paperinclude prospect theory, the Allais paradox, the computation ofinherent reward and risk, the mean-variance CAPM, and …
Persistent link: https://www.econbiz.de/10010324420
This paper applies the dichotomous theory of choice by Zou (2000a) tothe analysis of investmentstrategies and security …
Persistent link: https://www.econbiz.de/10010324569