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and more or less risk sensitivity in capital requirements. Following the approach in Barth et al. (2004, 2006, 2008) we … their effect on banks’ risk, capital, efficiency and cost. We show that more stringency and more risk sensitivity in …
Persistent link: https://www.econbiz.de/10012530311
The new Basel Capital Adequacy Accord (Basel III) is an agreement among countries' central banks and bank supervisory authorities on the amount of capital banks must hold as a cushion against losses and insolvency. Basel III is of concern to Congress mainly because it could put U.S. financial...
Persistent link: https://www.econbiz.de/10009474996
Using information of the balance sheets of Spanish banks between 1995 and 2009, we estimate the average impact of current and anticipated changes in banks’ capital on fi rm lending. We isolate the role of credit supply factors using the variation in capital growth associated to the...
Persistent link: https://www.econbiz.de/10012530235
The paper assesses the ability of French wineries to prevail over the crisis of French wine in the years 2000.Corporations are distinguished from co‐operatives:Over the 2000‐2006 period in spite of sales fluctuations, French wineries did not increase their financial debtlevel substantially....
Persistent link: https://www.econbiz.de/10009443769
risk of debt-deflation and prolonged recession. Financialization operates through three different conduits: changes in the …
Persistent link: https://www.econbiz.de/10009467755
’ financial management considering high usage of debt financing, litter effort has been made. Considering the extent of hotel … firms’ financial constraints, this study examines the precautionary motive of cash holding toward external financing (debt … study tests the relation of cash to debt and cash flow. Regardless of the extent of financial constraints, cash holding is …
Persistent link: https://www.econbiz.de/10009468107
of probably the most pervasive means of finance, debt. Interest rate and other movements over decades can generate … significant variations in yields realised from investments. Conditions over recent decades appear to have made debt …
Persistent link: https://www.econbiz.de/10009475286
I examine how the verification of financial statements influences lenders’ debt pricing decisions. To do so, I obtain … lower cost of debt, but also that lenders place significantly more weight on audited, compared to unaudited, financial …
Persistent link: https://www.econbiz.de/10009477419
determine investment returns. Studies have shown that team managed mutual funds exhibit similar risk adjusted performance to … effect on equity objective mutual funds, while having a positive impact on Debt and Equity combination funds. In addition …, our research concludes that team management has no significant effect on funds whose primary focus is debt. Across the …
Persistent link: https://www.econbiz.de/10009450245
Artículo de revista ; Drawing on the accounts for the institutional sectors, this article describes how euro area households’ income, savings, borrowing and financial wealth evolved in 2018. The improvement in the labour market and the more dynamic wage performance continued to boost...
Persistent link: https://www.econbiz.de/10012523899