Showing 1 - 10 of 8,015
This paper builds a dataset on bank ownership that covers more than 6,500 banks in 181 countries (59 low … reversed these trends. At the country level, the relationship between bank ownership and each of GDP growth and financial depth …. Bank-level regressions show that state-owned banks are less profitable and have a higher share of non-performing loans than …
Persistent link: https://www.econbiz.de/10014249625
We provide evidence that large creditors exert a governing influence over corporate borrowers outside of covenant (technical) violation and payment default states. We show that, subsequent to syndicated loan origination, borrowers decrease capital inefficiencies, increase investments in...
Persistent link: https://www.econbiz.de/10012915359
mechanisms and capital regulations are the determinants of the bank performance …
Persistent link: https://www.econbiz.de/10014155156
The paper provides the IMF staff views on policy options to mitigate the risks posed by institutions perceived as too-important-to-fail (“TITF"). These institutions have become bigger and more complex since the crisis, and risky practices have started to reappear. The paper emphasizes the need...
Persistent link: https://www.econbiz.de/10013124367
The UBS- Credit Suisse (CS) merger in March 2023, one of the biggest banking unions in history, was an emergency rescue deal engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. The merger resulted in a significant increase in the combined stakeholder net...
Persistent link: https://www.econbiz.de/10014349670
We investigate the effects of bank control over borrower firms whether by representation on boards of directors or by … the holding of shares through bank asset management divisions. Using a large sample of syndicated loans, we find that … banks are more likely to act as lead arrangers in loans when they exert some control over the borrower firm. Bank …
Persistent link: https://www.econbiz.de/10013107885
stakes or institutional holdings. We investigate the effects of these bank-firm governance links on the global syndicated … the endogeneity of the bank-firm governance link. Our findings suggest that the benefits of bank involvement in firms …
Persistent link: https://www.econbiz.de/10003867057
This paper finds that lending by state banks is less procyclical than lending by private banks, especially in countries with good governance. Lending by state banks in high income countries is even countercyclical. On the liability side, state banks expand potentially unstable non-deposit...
Persistent link: https://www.econbiz.de/10013104799
SME loans across foreign, private, and government-owned banks, even though different bank ownership types apply different …
Persistent link: https://www.econbiz.de/10013156453
We empirically examine whether bank lending corruption is influenced by the ownership structure of banks, a country … curtail bank lending corruption if induced by family-controlled ownership, but not if induced by state-controlled ownership …
Persistent link: https://www.econbiz.de/10013026899