Narrow search
Showing 1 - 10 of 1,691
Cover Image
Bank Mergers : Private Benefit at Public Cost
Scida, Daniela - 2020
This paper explores the link between systemic risk and firm value gain in the context of bank acquisitions. We find that bank acquisitions on average lead to an increase in acquires' systemic risk (a public cost), which is in turn associated with an increase in firm value (a private benefit) for...
Persistent link: https://www.econbiz.de/10012854064
Cover Image
Financial Constraints of Private Firms and Bank Lending Behavior
Behr, Patrick - 2015
We investigate whether and how financial constraints of private firms depend on bank lending behavior. Bank lending behavior, especially its scale, scope and timing, is largely driven by bank business models which differ between privately owned and state-owned banks. Using a unique dataset on...
Persistent link: https://www.econbiz.de/10013038432
Cover Image
Changes in Lending Practices and Borrower Reporting Quality : Evidence from Chinese State Bank Privatizations
Chen, Deqiu - 2018
-on-assets (ROA) after a bank's IPO. We also find that pursuant to the IPOs by their lending banks, various measures of borrowers' FRQ … improve significantly. Further, the increase in FRQ is more pronounced for borrowers from those IPO-issuing CSBs whose loan … terms exhibit a larger increase in sensitivity to borrowers' FRQ. These results suggest that post-privatization: (1) CSBs …
Persistent link: https://www.econbiz.de/10012936432
Cover Image
Can Contingent Convertibles Help Private Asset Managers Fund Their Acquisition of Non-Performing Loans from Portuguese Banks?
Santos, Andre Oliveira - 2019
This paper analyzes the capital structure of private asset managers in which theacquisition of nonperforming loans (NPLs) is funded with Contingent Convertibles(CoCos) placed with investors. The paper develops a model based on NPL transferprices and residual recovery rates to assess capital...
Persistent link: https://www.econbiz.de/10012868458
Cover Image
Post-Privatization State Ownership and Bank Risk-Taking : Cross-Country Evidence
Boubakri, Narjess - 2020
. Applying propensity score matching, we find that privatized banks tend to exhibit higher levels of risk-taking post-privatization …
Persistent link: https://www.econbiz.de/10012850119
Cover Image
Ownership Structure and Risk in Publicly Held and Privately Owned Banks
Barry, Thierno - 2014
Using detailed ownership data for a sample of European commercial banks, we analyze the link between ownership structure and risk in both privately owned and publicly held banks. We consider five categories of shareholders that are specific to our dataset. We find that ownership structure is...
Persistent link: https://www.econbiz.de/10013069068
Cover Image
Ownership Structure and Risk in Publicly Held and Privately Owned Banks
Barry, Thierno - 2010
Using detailed ownership data for a sample of European commercial banks, we analyze the link between ownership structure and risk in both privately owned and publicly held banks. We consider five categories of shareholders (managers/directors, institutional investors, non-financial companies,...
Persistent link: https://www.econbiz.de/10013151118
Cover Image
Ownership Structure and Risk-Taking : Comparative Evidence from Private and State-Controlled Banks in China
Dong, Yizhe - 2014
This study examines the impact of ownership structure on Chinese banks' risk-taking behaviours. We classify Chinese commercial banks into three categories based on the different types of controlling shareholder, and find that banks controlled by the government (GCBs) tend to take more risk than...
Persistent link: https://www.econbiz.de/10013065926
Cover Image
State-Owned Banks, Stability, Privatization, and Growth Practical Policy Decisions in a World Without Empirical Proof
Andrews, A. Michael - 2021
This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector … provide guidance to policymakers regarding bank privatization …
Persistent link: https://www.econbiz.de/10013318096
Cover Image
Does privatization of public sector banks affect stock prices? : an event study approach on the Indian banking sector stocks
Rai, Varun Kumar; Pandey, Dharen Kumar - In: Asian journal of accounting research 7 (2022) 1, pp. 71-83
Persistent link: https://www.econbiz.de/10013328041