This analysis focuses on the assumption that management efficiency is one of the most important company-specific factors affecting a bank’s international activities. The theoretical results on whether good or bad management influences international activities in banking are mixed. We attempt...

Die Finanzierung durch Banken ist insbesondere für kleine und mittlere Unternehmen wegen ihres stark eingeschränkten Zugangs zum Kapitalmarkt von herausragender Bedeutung. Kleine und mittlere Unternehmen bieten aber oft nur sehr eingeschränkt die mit den verschärften...

Stylised facts suggest that there is some "spatial structure" in the dynamics of cross-border lending of Austrian regional banks that seems to be closely related to the eastward enlargement of the European Union. This short paper provides evidence that a stark space-related dependency of...

The fast adoption of Western-style democracy and market economy principles as established by EU standards by many of the Eastern European "transformation countries" since the early 1990s should have raised cross-border lending by banks based in "old" EU member countries to clients resident in...

The financial market crisis of 2008-09 and its consequences confronted monetary policy with challenges that are comparable with those of the Great Depression of the 1930s. At the time, monetary policy failed to fulfil its mandate of ensuring stability. Historical evidence suggests that the...