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applying the Stochastic Frontier Approach (SFA) to a panel of 700 banks, the analysis is based on the joint estimation of a … indicates that the cost efficiency of cooperative banks (BCC) is always higher than that observed for other banks (SPA and … role of the determinants of banks efficiency ("what makes a bank efficient"), it also shows the presence of simultaneity …
Persistent link: https://www.econbiz.de/10011259215
previous papers, no significance difference is found for the average cost efficiency scores of banks for the two countries … during 2002-2006. How banks are ranked for efficiency depends upon the chosen model (input and output sets). An interesting … insight is the finding that most banks in both countries are below optimal size. …
Persistent link: https://www.econbiz.de/10008594471
The aim of this paper is to investigate the impact of banks’ sovereign debt exposures on the financial development of … Turkey. Results of the bounds test reveal a long-run and negative equilibrium relationship between banks’ domestic claims on …
Persistent link: https://www.econbiz.de/10010900405
risks posed by individual banks but also, importantly, those posed by nonbanks and the system as a whole. The recent …
Persistent link: https://www.econbiz.de/10011123891
that banks require collateral from observably riskier borrowers (lender selection effect), while lower risk premiums arise …
Persistent link: https://www.econbiz.de/10010292211
, primarily by community banks. The survey evidence suggests that the use of credit scores in small business lending by community … banks is surprisingly widespread. Moreover, the scores employed tend to be the consumer credit scores of the small business …
Persistent link: https://www.econbiz.de/10010292213
acquiring banks value profitable, high-growth, and low-risk targets. We also find that the strength of bank regulation and … regimes and stronger deposit insurance schemes lower the takeover premiums paid by acquiring banks. This result, presumably in …
Persistent link: https://www.econbiz.de/10010292291
An important theoretical literature motivates collateral as a mechanism that mitigates adverse selection, credit rationing, and other inefficiencies that arise when borrowers hold ex ante private information. There is no clear empirical evidence regarding the central implication of this...
Persistent link: https://www.econbiz.de/10010292292
Collateral is a widely used, but not well understood, debt-contracting feature. Two broad strands of theoretical literature explain collateral as arising from the existence of either ex ante private information or ex post incentive problems between borrowers and lenders. However, the extant...
Persistent link: https://www.econbiz.de/10010292349
home country prudential supervisors and deposit insurance funding systems were stricter than the target's. For target banks …
Persistent link: https://www.econbiz.de/10010292358