Showing 1 - 10 of 15,311
Europe may at least partly stem from bank forbearance. The increasing survival of zombie firms congests markets and … strengthening efforts and insolvency regime reform would contribute to breaking the shackles on potential growth in Europe. …
Persistent link: https://www.econbiz.de/10011975568
-fits-all regulation is harmful for efficient operations of cooperative banks in Europe. …
Persistent link: https://www.econbiz.de/10011901962
Europe may at least partly stem from bank forbearance. The increasing survival of zombie firms congests markets and … strengthening efforts and insolvency regime reform would contribute to breaking the shackles on potential growth in Europe. …
Persistent link: https://www.econbiz.de/10011823621
We extend the literature on the effects of managerial entrenchment on capital structure to consider how safety-net subsidies and financial distress costs interact with managerial incentives to influence capital structure in U.S. commercial banking. Using cross-sectional data on publicly traded,...
Persistent link: https://www.econbiz.de/10010318364
This paper examines the influence of environmental factors on technical, cost, scale and revenue efficiency of German savings banks in 2001-2005. Taking into account growing regional disparities in economic wealth and population size, it differentiates between declining and growing regions....
Persistent link: https://www.econbiz.de/10010319223
Aufgrund der starken regionalen Verankerung kann bei den Sparkassen ein besonderes Interesse an den Folgen des demographischen Wandels und speziell von Alterung und Abwanderung vermutet werden. Dabei sind die Sparkassen nicht nur über das Regionalprinzip eng mit einer bestimmten Region...
Persistent link: https://www.econbiz.de/10010319245
This paper uses a panel data set of microfinance institutions (MFI) across the world to compare several identification strategies of cost efficiency and economies of scale. Concretely, we contrast the non-parametric Data Envelopment Analysis (DEA) with the Stochastic Frontier Analysis (SFA) and...
Persistent link: https://www.econbiz.de/10010319737
We extend the literature on the effects of managerial entrenchment to consider how safety-net subsidies and financial distress costs interact with managerial incentives to influence capital structure in U.S. commercial banking. Using cross-sectional data on publicly traded, highest-level U.S....
Persistent link: https://www.econbiz.de/10010263221
In this paper we investigate the effect of local banking development on firms' innovative activities, using a rich data set on innovation for a large number of Italian firms over the 1990's. There is evidence that banking development affects the probability of process innovation, particularly...
Persistent link: https://www.econbiz.de/10010267494
The US banking industry offers a unique, natural and fertile environment to study geography's effects on banks' behavior and performance. The literature on banks' operating performance, while extensive, says little about the influence of spatial interactions on banks' performance. We compute and...
Persistent link: https://www.econbiz.de/10010273644