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The purpose of this research paper is to examine the effect of bank capital on liquidity creation. Especially, we test … results reported by previous papers. Using OLS and panel regression, we first find that bank capital affects negatively … problem of endogineity. This paper sheds more lights on the relationship between bank capital and liquidity creation by using …
Persistent link: https://www.econbiz.de/10012928820
disclose to the public? By integrating the gravity model of investment with the state-specific process of bank deregulation … that occurred in the United States from the 1980s through the 1990s, we develop a bank-specific, time-varying measure of … and the frequency with which banks restate financial statements. The results suggest that competition reduces bank opacity …
Persistent link: https://www.econbiz.de/10012993820
disclose to the public? By integrating the gravity model of investment with the state-specific process of bank deregulation … that occurred in the United States from the 1980s through the 1990s, we develop a bank-specific, time-varying measure of … and the frequency with which banks restate financial statements. The results suggest that competition reduces bank opacity …
Persistent link: https://www.econbiz.de/10013005564
Using a large panel of US bank holding companies from 2001 to 2015, we investigate the association between functional … diversification and bank earnings management. We document a positive relationship between bank earnings management and bank …, leading to greater discretionary power by bank managers. This effect is most prevalent in smaller banks and non …
Persistent link: https://www.econbiz.de/10012914218
Although policymakers often discuss tradeoffs between bank competition and stability, past research provides differing … competition materially boosts individual and systemic bank risk. With respect to the mechanisms, we find that competition reduces …
Persistent link: https://www.econbiz.de/10012854777
Does dividend policy increase or decrease the bank opaqueness? Under Dividend-Transparency Channel, paying dividends …, or to keep their dividend target unchanged. Employing a large sample of 2,483 U.S bank holding companies from 2001:Q1 … behaviors. The results are of important interest to bank regulators …
Persistent link: https://www.econbiz.de/10012933603
With this paper we seek to contribute to the literature on the relation between finance and growth. We argue that most studies in the field fail to measure the quality of financial intermediation but rather resort to using proxies on the size of financial systems. Moreover, cross-country...
Persistent link: https://www.econbiz.de/10010295910
With this paper we seek to contribute to the literature on the relation between finance and growth. We argue that most studies in the field fail to measure the quality of financial intermediation but rather resort to using proxies on the size of financial systems. Moreover, cross-country...
Persistent link: https://www.econbiz.de/10012989310
We develop a new identification strategy to evaluate the impact of the geographic expansion of bank holding company … (BHC) assets across U.S. metropolitan statistical areas (MSAs) on BHC risk. We find that the geographic expansion of bank …
Persistent link: https://www.econbiz.de/10013040486
Persistent link: https://www.econbiz.de/10001437001