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Using the data of 82 Chinese commercial banks from 2000 to 2012, this paper investigates the effect of bank ownership … undertook IPO exhibit no differences in bank prudential behavior (the selection effect). Third, introducing foreign strategic … investors has not an obvious effect on bank prudential behavior, either in the short term or long term, and undertaking IPO has …
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Several transition economies have undertaken fiscal decentralization reforms over the past two decades along with liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances, unless the right incentives are in place to promote...
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Although the performance and privatization of transition banks have been widely studied already, little is known about their risk taking and risk management activities. We use a new EBRD survey data set of banks to examine risk taking by banks in the transition countries. We find no indication...
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