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We show that when banks and borrowers share the same audit firm, borrowers receive lower interest rates, after controlling for potentially confounding director connectedness. The common auditor effect is observed only for opaque borrowers, and is greatest when the same audit engagement office...
Persistent link: https://www.econbiz.de/10012837875
We show that when banks and borrowers share the same audit firm, borrowers receive lower interest rates, after controlling for potentially confounding director connectedness. The common auditor effect is observed only for opaque borrowers, and is greatest when the same audit engagement office...
Persistent link: https://www.econbiz.de/10012830243
California during the National Banking Era (1864-1914). This period has been intensively analyzed at the macroeconomic level, but …
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A complete framework for applications of behavioral finance in private banking, Behavioural Finance for Private Banking … considers client needs specific to private banking like personal circumstances, objectives, and attitude to risk. This book … studies to illustrate how can be applied. A must-read for anyone in private banking, this book demonstrates …
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