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Atlantic. We show that the regulation of bankers' pay is presently more detailed and less flexible in Europe than in the US …
Persistent link: https://www.econbiz.de/10013091649
This paper examines the effects of the bank merger deregulation passed by U.S. Congress in 1994 on the board … composition of banks which, in turn, can be used to implicate bank governance. This banking legislation permits banks to merge … board directors (OBDs) and banks in states with interstate banking and the bank holding company deregulation had a higher …
Persistent link: https://www.econbiz.de/10013128982
of a financial crisis: 1) Regulation creates two categories of financial institutions. The first class faces greater … subsidized funds to make riskier investments (including investments in the second class) without regulation compensating for …, which led to a 1990 bank crisis. The model also provides a framework for scholars to examine whether deregulation in the …
Persistent link: https://www.econbiz.de/10013148106
We analyze whether and how bank deregulation relates to the M&A centric consolidation of U.S. banking industry. Using … significant effect of deregulation on bank consolidation in overall and functionally diverse M&A terms. However, geographically … diverse M&A activity remains largely unaffected by bank deregulation. Importantly, these results are predominantly observed in …
Persistent link: https://www.econbiz.de/10013001339
We examine the effects of geographic deregulation on banks' cost of equity (COE) using changes in interstate bank …. We identify higher risk-taking as an important channel for these findings. The results support our new acquisitions …
Persistent link: https://www.econbiz.de/10012850786
Does an increase in competition increase or decrease bank stability? I exploit how the state-specific process of … significantly increases bank stability. This result is robust to the inclusion of additional fixed effects and other influences … loans and increases bank profitability. These findings suggest that competition increases stability as it improves bank …
Persistent link: https://www.econbiz.de/10011559788
whether increases in regulation-related costs reduced bank lending in the aftermath of both financial crises and discuss …
Persistent link: https://www.econbiz.de/10012868163
, Laeven, and Levine (2013, 2016), we find that bank geographic diversification leads to higher systemic risk measured by the …Exploiting staggered interstate banking deregulation as exogenous shocks to bank geographic expansion, we examine the … causal effect of geographic diversification on systemic risk. Using the gravity-deregulation approach developed in Goetz …
Persistent link: https://www.econbiz.de/10012868932
The international tendency towards the deregulation of restrictions and administrative settlements has suppressed the barriers between national financial markets. The adoption of a common currency and the rapid spread of new technologies lead to intense competition, imposing the acceleration of...
Persistent link: https://www.econbiz.de/10011470954
regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …
Persistent link: https://www.econbiz.de/10012030889