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the economy. Public sector banks have shown significant performance in containing bad debts. Private banks have continued …The determinants of default risk of banks in emerging economies have so far received inadequate attention in the … literature. This paper seeks to study the determinants of bank asset quality and profitability using panel data techniques and …
Persistent link: https://www.econbiz.de/10010507444
An important theoretical literature motivates collateral as a mechanism that mitigates adverse selection, credit rationing, and other inefficiencies that arise when borrowers hold ex ante private information. There is no clear empirical evidence regarding the central implication of this...
Persistent link: https://www.econbiz.de/10010292292
The paper estimates and compares cost efficiency of domestic and foreign banks in Thailand by using bank-panel data … significant acquisitions by foreign banks after the 1997 financial crisis. The widely used translog functional form specification … domestic and foreign banks are indistinguishable, although the two types of banks focus on different areas of the banking …
Persistent link: https://www.econbiz.de/10010295962
on the role of banks for monetary transmissions. A bank-based corporate financing friction is introduced and the relative …
Persistent link: https://www.econbiz.de/10011412822
Die Lehman-Insolvenz förderte die hohe Interdependenz und Ansteckungsgefahr im Bankensektor zu Tage. Die Vielzahl der gegenseitigen Kredit- und Anleihegeschäfte macht insbesondere die Insolvenz einer Großbank zum unkalkulierbaren Risiko. Um dieser Geiselhaft zu entkommen, wollen Aufsicht und...
Persistent link: https://www.econbiz.de/10011602389
Eine angemessene Eigenkapitalausstattung der Großbanken ist die wichtigste Voraussetzung für die Bildung von Vertrauen in die Stabilität des Bankensektors. Die risikogewichtete Eigenkapitalquote (Equity Ratio) ist mit zahlreichen Problemen behaftet und daher als Indikator für die...
Persistent link: https://www.econbiz.de/10011602439
methodology developed by Amiti and Weinstein (2013) to a rich dataset of matched bank-firm loans in the Portuguese economy for the … one banking relationship as long as they account for only a small share of the total loan volume of their banks. The … access to alternative financing sources. For the economy as a whole, granular shocks in the banking system account for around …
Persistent link: https://www.econbiz.de/10011605959
We study the effect of board governance in state-owned and private banks by undertaking a study of commercial banks in … exhibiting a significant positive correlation with the performance of private banks and a significant but negative correlation … with the performance of state-owned banks. The effect of CEO duality is negative in state-owned banks where incidence of …
Persistent link: https://www.econbiz.de/10011996082
We use a comprehensive Swedish credit register to document that firms throughout the size distribution have access to fairly large and reasonably priced credit lines, but borrow relatively little from them. We rationalize this using a theoretical framework in which the expected cost of financial...
Persistent link: https://www.econbiz.de/10014564040
-reaching implications for the economy. …
Persistent link: https://www.econbiz.de/10014564077