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credit managers in bank credit activities, through three possible situations of supervision. The results indicate that … only depending on the costly external supervisor. Finally, the implications of findings are discussed. -- bank credit …
Persistent link: https://www.econbiz.de/10010009110
This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...
Persistent link: https://www.econbiz.de/10009959108
This article reports the findings of an exchange rate determination model based on either the traditional chartist or the fundamental model. Much dispute has surrounding exchange rate determination and many theories have been offered; however, market participants use and rely on the chartist model...
Persistent link: https://www.econbiz.de/10010148085
in operating and structure of the IMF, World Bank Group and other global and regional financial institutions. This means … International Monetary Fund and World Bank clearly differ in theory, but with the passage of time their activities have become …
Persistent link: https://www.econbiz.de/10010185790
recent eurozone sovereign credit crisis have re-ignited the debate on the principle of the taxpayer-funded central bank … funding stresses. We focus on alternatives to the public sector central bank being the backstop liquidity provider of last … resort for a bank experiencing funding (as opposed to capital loss) stress, and recommend a viable solution that would …
Persistent link: https://www.econbiz.de/10010058673
Bei der vergleichsweise hohen Fluktuation in den Spitzengremien des Finanzsektors in Deutschland in Folge der Finanzkrise wurde die Chance verpasst, für eine Erhöhung des Anteils der dort vertretenen Frauen zu sorgen. Im Jahr 2011 lag der Frauenanteil in Vorständen auf einem ähnlich geringen...
Persistent link: https://www.econbiz.de/10010079338
Im Finanzsektor stellen Frauen die Mehrheit der Beschäftigten, an der Spitze stehen aber nach wie vor Männer. Bei einem Anteil von gut vier Prozent waren Frauen in den Vorständen der größten Banken und Sparkassen auch Ende 2012 noch immer die große Ausnahme (+1 Prozentpunkt gegenüber Ende...
Persistent link: https://www.econbiz.de/10010079511
The paper examines the implications of financial reform and interest rate behaviour on economic growth in Nigeria. The cointegration and error correction model were used on time series data from 1970-2006. The results demonstrate that financial reform and interest rates have significant impact...
Persistent link: https://www.econbiz.de/10010009102
performed on the web sites of top ten bank retailers in Malaysia and Australia. An analysis of the extent to which the retailers … experience relationships via online financial services. Bank retailers in Australia provided guarantee statements and variety of … branding. Conversely the bank retailers in Malaysia only provided basic online financial services and no guarantee of refund …
Persistent link: https://www.econbiz.de/10009958459
behind governance transparency is product market competition. Tougher competition leads to more firms competing for funding …
Persistent link: https://www.econbiz.de/10010148154