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Persistent link: https://www.econbiz.de/10009640492
with lockdowns. A drop in demand as well as supply disruptions affected the economy which also hit European banks with … available to the banks for the preparation of their half-year reports. As ESMA considers Covid-19 a significant event under IAS … which banks fulfilled the disclosure expectations communicated by the relevant professional institutions. For this purpose …
Persistent link: https://www.econbiz.de/10012795250
Banks are crucial enablers of financial and economic development. They have an immense corporate social responsibility … (CSR) towards society. Bank´s CSR activities are considered increasingly vital for their own success and sustainable growth … Directive was required to be adopted by banks and other companies for financial year 2017. This study analyses the quality of …
Persistent link: https://www.econbiz.de/10012161187
Developments in information technology are fundamentally changing many traditional business models. Progress in the IT area is bringing about one change in particular: it is reducing search costs and allowing buyers and sellers of products and services to find each other directly on web-based...
Persistent link: https://www.econbiz.de/10010532619
In this paper we study systemic risk for the US and Europe. We show that banks' exposures to common risk factors are … crucial for systemic risk. We come to this conclusion by first showing that relations between US and European banks are … smaller than within each region. We then show that European banks react more strongly to the onset of the financial crisis …
Persistent link: https://www.econbiz.de/10009784871
curtailed credit supply, particularly at less-well capitalized banks. Second, such negative impact was larger for countries … significantly smaller for foreign-owned banks, suggesting that opening up to foreign investors may be an effective way to partly … shield the domestic banking sector from negative shocks. Overall, CAR enforcement — by inducing banks to reduce their lending …
Persistent link: https://www.econbiz.de/10013124730
We explore the effects of ownership concentration on the risk-taking behavior of banks. Our analysis focuses on East … concentrated ownership improves banks' liquidity. Further, the recent financial crisis does not appear to change the fundamental …
Persistent link: https://www.econbiz.de/10013092657
European banks are determined by a risk-return trade-off. Banks have been shown to disproportionally invest in bonds issued by … 2018 for a sample of 76 European banks. Using the Sharpe ratio for the risk-return assessment, we find that over the entire … period banks' investments and divestments of sovereign bonds are characterized by rational risk-return considerations …
Persistent link: https://www.econbiz.de/10012844191
Hypothesis, under which stress-tested banks reduce credit supply – particularly to relatively risky borrowers – to decrease their … credit risk. The findings do not support the Moral Hazard Hypothesis, in which these banks expand credit supply … banks, banks that passed the stress tests, and the earlier stress tests …
Persistent link: https://www.econbiz.de/10012955765