Showing 1 - 10 of 4,597
This paper examines the relationship between bank capital inflows and financial stability. Using a sample of publicly …-traded commercial banks in Asia over the 2002-2008 period, our empirical results show that higher banking inflows measured by the share … of foreign liabilities in banking reduces systematic risk, but increases bank-specific risk and total risk. A deeper …
Persistent link: https://www.econbiz.de/10013112272
We investigate the impact of the interaction of disclosure and ownership structure on bank risk. Using a sample of 209 … commercial banks from Asia during the 2004-2010 period, we find that disclosure is negatively associated with income volatility … by individual bank default risk. Furthermore, a deeper investigation shows that disclosure on income statement, loans …
Persistent link: https://www.econbiz.de/10013058856
This paper examines the impact of issuing contingent convertible (CoCo) bonds on bank risk. I apply a matching … to impede a positive time trend towards greater bank stability. This study adds to the empirical literature on the risk …
Persistent link: https://www.econbiz.de/10012801677
Market risk reporting in banking has assumed such importance during the last decade. The purpose of this paper is to provide a methodology to evaluate the qualitative and quantitative profiles of the market risk disclosure in banking. We propose a hybrid methodology to assess whether or not...
Persistent link: https://www.econbiz.de/10012934301
empirical support. We conclude that bank equity is not socially expensive, and that high leverage at the levels allowed, for …
Persistent link: https://www.econbiz.de/10010203632
We investigate the effect of managerial incentives and market power on bank risk-taking for a sample of 212 large US … bank holding companies over 1997-2004 (i.e. 1,534 observations). Bank managers have incentives to prefer less risk while … bank shareholders have preference for ‘excessive' risk. Likewise, the market power is the centre piece of any bank …
Persistent link: https://www.econbiz.de/10013133995
We investigate the effects of managerial incentives and market power on bank risk-taking for a sample of 212 large U ….S. bank holding companies over the period 1997-2004 (comprising 1,534 observations). Bank managers have incentives to prefer … less risk, while bank shareholders prefer higher risk, and market power is the centerpiece of any bank regulation. However …
Persistent link: https://www.econbiz.de/10013092614
We present a model where bank assets are a portfolio of risky debt claims and analyze stockholders' risk …-taking behavior while considering the strategic interaction between debtors and creditors. We find that: (1) as the leverage of a bank … demonstrates that an increase in comovement of a loan portfolio increases the bank's cost of default directly, we find that the …
Persistent link: https://www.econbiz.de/10012902255
to be held on bank portfolios, rather than sold. I measure the capital ratio (the inverse of the leverage ratio, defined … as equity divided by asset value) for each bank at the time of each loan's origination. After controlling for both bank … results are robust to an instrumental variables strategy for predicting bank capital, a wide range of measures of bank capital …
Persistent link: https://www.econbiz.de/10012945665
variable compensation of senior commercial bank managers be paid over the subsequent 3 years or longer. We examine the … implications of the CBRC deferred compensation regulation for bank risk-taking using a sample of 156 bank executives from 14 listed … on the use of deferred executive cash compensation and its implications for bank risk-taking in an emerging market …
Persistent link: https://www.econbiz.de/10012850489