Showing 1 - 10 of 5,534
As the euro area has a predominantly bank-based financial system, changes in the composition and strength of banks … developments in banks’ balance sheets, profitability and risk-bearing capacity and analyses their relevance for monetary policy. We …
Persistent link: https://www.econbiz.de/10012009071
Purpose - The purpose of this paper is to examine the effects of financial dynamic policy options in money, credit, efficiency and size on consumer prices. Soaring food prices have marked the geopolitical landscape of developing countries in the past few years. Design/methodology/approach - The...
Persistent link: https://www.econbiz.de/10011410073
Relationship lending helps reduce asymmetric information, which potentially creates benefits for borrowers. However … literature using hand-collected information from 101 studies in the United States., Europe, Asia and Latin America from 1970 …
Persistent link: https://www.econbiz.de/10013065137
We develop a theory of bank information sharing, highlighting the interactions between credit and labor markets. A … better-informed relationship bank competes with a less informed foreign bank for borrowers under asymmetric information about … possess valuable information about the borrowers' creditworthiness. The relationship bank can share credit information to …
Persistent link: https://www.econbiz.de/10013323245
Because uncertainty is high in bad times, investors find it harder to assess firm prospects and, hence, should value analyst output more. However, higher uncertainty makes analysts' tasks harder so it is unclear if analyst output is more valuable in bad times. We find that, in bad times, analyst...
Persistent link: https://www.econbiz.de/10010227721
changes in the information environment of the firms. Our results suggest that competition among stars has substantial effects …
Persistent link: https://www.econbiz.de/10012904927
The issues regarding catastrophic losses is quite an important factor to consider in the course of insurance and the issuance of CAT bonds. This not withstanding the issue of cost of capital is quite undeniable should an assessment of this magnitude be done. Researchers have indicated that...
Persistent link: https://www.econbiz.de/10012911024
We examine whether the local press is an effective governance mechanism for monitoring and inhibiting financial adviser misconduct. Using local newspaper closure as a negative shock to the local press, we find that financial advisers who are located in counties with newspaper closures are more...
Persistent link: https://www.econbiz.de/10014254852
The aim of this paper is to investigate the long run relationship between the development of banks and stock markets … as evidence supporting the significance of financial development for economic development although banks and stock …
Persistent link: https://www.econbiz.de/10010223077
national banks' equity investment valuations and create an empirical model for predicting national banks' financial failure in … what extent national banks' stock value investments are based on the return on equity. This causal-comparative study … explores the degree to which national banks' value investment in terms of the price to earnings ratio impacts their return on …
Persistent link: https://www.econbiz.de/10012589251