Showing 1 - 10 of 4,120
Ongoing financial innovation and greater information availability increase the tradability of bank assets and reduce banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue that this has two effects on banks, with opposing...
Persistent link: https://www.econbiz.de/10012989289
Persistent link: https://www.econbiz.de/10011588855
employ GMM estimation using unique database on asset securitization of 672 commercial banks (4889 year-observations) in 22 … asset securitization as still exposed to a higher risk profile. Controlling for a country religiosity shows different risk …
Persistent link: https://www.econbiz.de/10012902155
Clearinghouses are systemic nodes in financial markets that handle trillions of dollars’ worth of transactions. Yet, these critical market infrastructures stand on fragile foundations. The Dodd-Frank Wall Street Reform Act of 2010, the sweeping financial reform that followed the 2008 financial...
Persistent link: https://www.econbiz.de/10014361940
This paper examines whether the opportunistic use of assets securitization for earnings management is systematically … over the financial reporting process, there should be a decrease in the opportunistic use of securitization among firms … securitization among the non-compliant firms relative to the compliant firms and this reduction is related to firms using …
Persistent link: https://www.econbiz.de/10012834325
This paper examines the impact of cybercrime and hacking events on equity market volatility across publicly traded corporations. The volatility influence of these cybercrime events is shown to be dependent on the number of clients exposed across all sectors and the type of the cyber security...
Persistent link: https://www.econbiz.de/10012964812
This study provides new evidence on the impact of governance on the performance of privately defined contribution pension plans. Using a hand collected data set on governance factors, the study shows that the external and internal governance mechanisms in pension plans are weak. One explanation...
Persistent link: https://www.econbiz.de/10009767046
Persistent link: https://www.econbiz.de/10009314973
Ongoing financial innovation and greater information availability increase the tradability of bank assets and reduce banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue that this has two effects on banks, with opposing...
Persistent link: https://www.econbiz.de/10003529025
Persistent link: https://www.econbiz.de/10001554023