for their external funds. In this environment banks have incentives to either monitor or actually manage firms depending …-specific characteristics, we find bank debt is correlated with a firm's accounting performance as measured by return on assets (ROA) and return … debt and ROA. …

the Hungarian and German BLs implemented in 2010 and 2011, respectively, on the banks' risk-taking behavior. Our analysis … compares two completely different BL designs. The German BL is designed to increase as banks' total liabilities increase, while … the Hungarian BL is assessed on total assets. The results unambiguously demonstrate that a BL on assets increases banks …

This paper uses a unique data set from credit files of six leading German banks to provide some empirical insights into … their rating systems used to classify corporate borrowers. On the basis of the New Basle Capital Accord, which allows banks … factors, rating decisions and the default probabilities are analysed to answer the question whether German banks are ready for …

place toxic assets in one or more bad banks has gained steam in recent weeks. The following paper presents a plan how … governments can effi ciently relieve ailing banks from toxic assets by transferring these assets into a publicly sponsored workout … of toxic assets and gives the banks a fresh start. At the same time, it offers the chance to keep the cost to taxpayers …

regulatory equity and the increasing reliance on banks’ internal risk models for the determination of risk weights. The first …

place toxic assets in one or more bad banks has gained steam in recent weeks. The following paper presents a plan how … governments can efficiently relieve ailing banks from toxic assets by transferring these assets into a publicly sponsored work … government. The risk to taxpayers from this investment would be acceptable, however, once the banks are freed from toxic assets …

In this paper, we investigate the claim that German banks are special compared to banks in other industrialised … economies. We show that banks are of particular importance to the German economy?as financial intermediary, as lender to the … corporate sector, and as part of the corporate governance system. Further, German banks are supervised by two supervisory …