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Diskussion möglicher Optionen zur Verbesserung der Finanzsystemstabilität rückt zunehmend die Corporate Governance in Banken in … verdeutlicht einen substanziellen Einfluss beider Aspekte. Banken mit kompetenteren Vorstandsteams wiesen signifikant bessere … Heterogenität, sowohl zwischen einzelnen Banken als auch zwischen Geschäftsbereichen. Betrachtet man die Kapitalmarktbereiche der …
Persistent link: https://www.econbiz.de/10011698354
This paper investigates (i) whether growth and profitability persist in banking firms, (ii) whether the level and volatility of growth and profitability are bank-size dependent, and (iii) the relationship between growth and profitability of a bank. Using a dynamic panel model estimated by GMM...
Persistent link: https://www.econbiz.de/10003883061
The author develops a dynamic model of banking competition to determine which capital instrument is most effective in disciplining banks' risk choice. Comparisons are conducted between equity, subordinated debentures (SD), and uninsured deposits (UD) as funding sources. The model, adapted from...
Persistent link: https://www.econbiz.de/10003463658
This paper gives an overview over corporate governance and banking regulation in Germany. Particular attention is put on legal and regulatory changes that were made in response to the financial market crisis. The paper shows that the changes mainly focus on the remuneration of managers and on...
Persistent link: https://www.econbiz.de/10003919056
The interplay between banks and the macroeconomy is of key importance for financial and economic stability. We analyze this link using a factor-augmented vector autoregressive model (FAVAR) which extends a standard VAR for the U.S. macroeconomy. The model includes GDP growth, inflation, the...
Persistent link: https://www.econbiz.de/10008697445
We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks operating in the European Union. We find that reductions...
Persistent link: https://www.econbiz.de/10003973573
This paper empirically investigates the effect of government bail-out policies on banks outside the safety net. We construct a measure of bail-out perceptions by using rating information. From there, we construct the market shares of insured competitor banks for any given bank, and analyze the...
Persistent link: https://www.econbiz.de/10003923903
We investigate whether the “stress test,” the extraordinary examination of the nineteen largest U.S. bank holding companies conducted by federal bank supervisors in 2009, produced information demanded by the market. Using standard event study techniques, we find that the market had largely...
Persistent link: https://www.econbiz.de/10008657205
This paper explores the advantages of a new financial charter for large, complex, internationally active financial institutions that would address the corporate governance challenges of such organizations, including incentive problems in risk decisions and the complicated corporate and...
Persistent link: https://www.econbiz.de/10008657240
Stresswirkung auf die Kreditportfolien der Banken. Hierzu gehören z.B. der Vergleich der Verwendung von kreditnehmerabha͏̈ngigen … berücksichtigen: Obwohl der Anteil der Forderungen gegenüuber dem Automobilsektor für alle Banken in der Stichprobe relativ zum … Millionenkredite erlaubt eine konsistente Anwendung des Stresstests für unterschiedliche Banken. Insbesondere können Klumpenrisiken …
Persistent link: https://www.econbiz.de/10003813026