This paper investigates the impact of international swap lines on stock returns using data from banks in emerging markets. The analysis shows that swap lines by the Swiss National Bank (SNB) had a positive impact on bank stocks in Central and Eastern Europe. It then highlights the importance of...

Behavioral economics documents the importance of status and self-image concerns in the workplace, but is largely silent about how to instrumentalize them to induce effort. Awards - widespread in the corporate sector and elsewhere - are motivators that derive their value from such social...

Vor diesem Hintergrund widmet sich der vorliegende Forschungsbericht dem Management von Reputationsrisiken in Banken. Ziel im Teil A ist es zunächst, Reputationsrisiken zu definieren und deren Bedeutung aufzuzeigen. Im Anschluss daran wird im Teil B dargelegt, in welcher Art und Weise für das...