One of the basic functions of banks is the acceptance of deposits. Acceptance of deposits from the households and legal entities usually takes place through the offer of bank products through a branch network. In this paper we examine the structure of sources of bank deposits in the banking...

This work looks into the dynamics of the competitive structure and strategic positioning of the Brazilian banks. Over the eighteen years covered by the study, we saw periods of strategic instability in this industry and differing structures of strategic groups, with regard to not only their...

Motivated by a debate on the effect of debt on firms' product market performance, I examine the effect of lines of credit on firms' future profits. Consistent with the notion that lines of credit provide firms with unique financial flexibility and enhance their strategic position within the...

This paper examines international differences in banks' capital structure adjustments across a large panel of 94 countries over the period 1993 to 2007. A bank's ability to adjust its capital ratio is influenced by corporate governance, public policy, market structure, and bank regulatory...

This paper analyzes the causal relationship between institutional diversity in domestic banking sectors and bank stability. We use a large bank- and country-level unbalanced panel data set covering the EU member states' banking sectors between 1998 and 2014. Constructing two distinct indicators...