Showing 1 - 10 of 7,099
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
On 29th - 30th March 2007, SUERF and the Central Bank of Cyprus jointly organized a Seminar: Corporate Governance in … paper based on a keynote address, Spyros G. Stavrinakis, Central Bank of Cyprus gives an overview of the legal framework for … corporate governance in financial institutions in Cyprus. According to a Central BankDirective issued in 2006, implementation of …
Persistent link: https://www.econbiz.de/10011689930
A large banking system has served Cyprus well to date. It has supported the country's outward-oriented, services … growth can continue indefinitely and at what cost. This paper argues that systemic risks are important for Cyprus given its … customized to the needs of Cyprus …
Persistent link: https://www.econbiz.de/10013122948
Persistent link: https://www.econbiz.de/10011704988
Persistent link: https://www.econbiz.de/10003605882
In Romania, as in many Central and Eastern Europe countries, during the communist regime all the banks were owned by the state and their activities were circumscribed by rigid norms. After the communist regime had fallen, the state owned banks had to adapt to a competitive environment. The...
Persistent link: https://www.econbiz.de/10013099045
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
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
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
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