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aspiration level (median performance of peer banks) influence banks' aggregate risk levels. Our results are consistent with the … behavioral theory of the firm and prospect theory in that we find that bank performance below a bank's social aspiration level is …
Persistent link: https://www.econbiz.de/10011774096
This study sheds light on small and medium-sized enterprise (SME) financing and its performance in Thailand. It … elaborates on the key sources of finance existing for Thai manufacturing SMEs and their importance for SME performance as … measured by technical efficiency, export performance, and technological innovation. This study also examines the key factors …
Persistent link: https://www.econbiz.de/10011490747
We analyze a large merger in the Dutch banking market during the financial crisis using disaggregated data. Based on a merger simulation model, we evaluate merger-induced changes in the interest rates for savings accounts. We find that the merging banks decreased interest rates by 3 to 5 percent...
Persistent link: https://www.econbiz.de/10012859676
We study the determinants of value creation in the cross section of U.S. commercial banks. We develop novel measures of individual bank's productivities at collecting deposits and making loans. We relate these measures to bank market values and find that variation in deposit productivity...
Persistent link: https://www.econbiz.de/10012934415
This paper examines the financial structure and the bank relationships of Italian multinational firms. We show that multinationals are on average more leveraged than non-internationalized firms. Moreover, they have a larger share of financial and bank debt out of total debt, maintain more bank...
Persistent link: https://www.econbiz.de/10013226481
savings accounts treating the banks as two separate entities despite a factually combined ownership. Our analysis builds on …
Persistent link: https://www.econbiz.de/10012268034
We analyze a large merger in the Dutch banking market during the financial crisis using disaggregated data. Based on a merger simulation model, we evaluate merger-induced changes in the interest rates for savings accounts. We find that the merging banks decreased interest rates by 3 to 5 percent...
Persistent link: https://www.econbiz.de/10012118754
personnel expenses, which comprise a significant part of banks’ non-interest cost structure, have not been adequately studied …. This paper investigates the effect of labour market institutions and regulations on bank performance in EU-15 countries …. Results indicate the existence of a negative relationship between bank performance and the liberalization of EU labour markets …
Persistent link: https://www.econbiz.de/10013403199
We examine how bank competition in the run-up to the 2007-2009 crisis affects banks' systemic risk during the crisis. We then investigate whether this effect is influenced by two key bank characteristics: securitization and bank capital. Using a sample of the largest listed banks from 15...
Persistent link: https://www.econbiz.de/10012865123
deposit money banks over the period of 2007-2017. The analyses were performed using principal components analysis to derive …
Persistent link: https://www.econbiz.de/10013325543