We investigate how syndicate structure is influenced by the characteristics of the banking environment, such as banking market structure, financial development, banking regulation and supervision, and legal risk. The results of a cross‐country analysis performed on a sample of 15,586...

I investigate the effects of bank loan renegotiation on firm's financial and investment policies, and performances. I employ OLS and endogenous switching regime regressions using a large cross-country sample of loans issued and amended on a long-time period. I find that bank loan renegotiation...

The financial performance of India's corporate sector has been under pressure since the Global Financial Crisis. Balance-sheet data on a large cross-section of Indian non-financial corporates show that the growth in their leverage over the last 15 years has been associated with a notable...

The paper surveys scale economies in Indian banking using a cross sectional survey of banks for year 1999-00. The standard translog is used to calculate ray scale economies with the intermediation approach. The paper finds evidence of economies among banks with business scale of less than Rs....

This paper aims to examine the degree of dispersion in the loan pricing of commercial banks and its association with competitive conditions. To this end, an indexation mechanism processing a novel bank-level dataset is proposed to quantify the lending rate variability in general-purpose,...

The efficiency of a nation's banking industry is a critical factor in the quest to realize economic growth and prosperity for its citizens. This study identifies a host of macroeconomic factors which have been shown to have a strong causal link with the efficient operation of a given banking...

We empirically evaluate the channels through which securitization impacts bank profitability. To this end, we analyze the role played by bank risk, cost of funding, liquidity and regulatory capital in explaining the relationship between securitization and bank profitability. We find that...

We examine the direct and indirect impacts of natural disasters on deposit rates of bank branches during the period 2008 – 2017. Our approach is one of the first to capture spatial spillover effects of disasters on the deposit rate setting of branches based on their geographic distance from...

This paper investigates the degree of dispersion in the loan pricing of commercial banks and its association with competitive conditions in the banking industry of a large emerging economy. To quantify the lending rate variability in consumer loans, we utilize a new indexation mechanism...

The cost of systemic risk in the over-the-counter (OTC) derivatives market is described and estimated. Modern portfolio theory (MPT), applied to OTC derivatives, predicts this cost, which has been growing since 1970. This cost grew because Congress blocked MPT's predicted market forces. Without...