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This paper examines the effect of executive board gender diversity on the relationship between economic policy uncertainty (EPU) and bank liquidity hoarding (LH). We focus on the Russian banking sector, which, relative to most of the world, has a high share of women on bank executive boards....
Persistent link: https://www.econbiz.de/10013417492
Legislation affects corporate governance and the return to human and financial capital. We allow the preference of a political majority to determine both the governance structure and the extent of labor rents. In a society where median voters have relatively more at stake in the form of human...
Persistent link: https://www.econbiz.de/10010325144
In this paper we study the performance effects of capital structure, ownership structure and corporate governance of Russian companies. To address the lack of research in corporate performance modeling in emerging markets we contribute to the literature by introducing a cluster analysis of the...
Persistent link: https://www.econbiz.de/10013073913
analysis of corporate governance in Russia's 30 largest banks during the period from 2007 to 2017. We look at several …
Persistent link: https://www.econbiz.de/10012859409
effect for a number of large emerging markets including Russia. We refer to the case of Russian banks to suggest that this … for the entire industry. Russia’s stock market can supply sufficient statistical material for a study involving just two …
Persistent link: https://www.econbiz.de/10014157303
This paper aims at explaining the differences in valuation of banking firms in Russia from a quality of governance …
Persistent link: https://www.econbiz.de/10005042720
Persistent link: https://www.econbiz.de/10009564634
Persistent link: https://www.econbiz.de/10001197806
We investigate whether and how firm-level political uncertainty affects firms' bank loan contracting. We find that firms facing higher firm-level political uncertainty are charged higher bank loan costs. This impact is amplified for firms with higher degrees of information asymmetry and firms...
Persistent link: https://www.econbiz.de/10012890494
Persistent link: https://www.econbiz.de/10011340031