Professional plumbers play an essential role in the implementation of water efficiency. If North America is to achieve high water efficiency standards and more ambitious plumbing codes, plumbers will need to be actively included in the water efficiency discussion. Repositioning the industry will...

We often assume that researchers and decision-makers are rational beings reliant on hard data to determine the best policy. But individuals are also influenced by their experiences with their physical and social environments. How they perceive and interact with their environment is also...

Purpose: Compliance competence is key to the operation and reputation of the financial services sector and is now completely embedded in the way financial services organisations carry on investment business. It is also fundamental to the Financial Services Authority (FSA) in seeking to achieve...

This paper provides an examination of the efficacy of asset-backed securitization as a risk management tool. Interestingly the existing literature does not emphasize how a banks’ securitization activity affects their risk profile. In this study we attempt to fill this gap by...

Are there significant benefits of revenue diversification for banks in emerging economies? This paper investigates the impact of revenue diversification on insolvency risk in emerging economies as measured by the distance to default. Using a panel dataset of 322 listed banks across 22 countries...

This paper investigates the abnormal share return dispersion occurring when companies announce their interim or final earnings. Whereas, prior research has focused on abnormal returns, little attention has been given to investigating the dispersion of the abnormal returns. We find strong...

We investigate whether a relationship exists between ownership structure, revenue diversification and insolvency risk. Using a panel dataset of 158 listed banks across 15 European countries over the period 1995-2006, we provide the first empirical evidence of the impact of (i) ownership...

Are there significant benefits of revenue diversification for banks in emerging economies? This paper investigates the impact of revenue diversification on insolvency risk in emerging economies as measured by the distance to default. Using a panel dataset of 322 listed banks across 22 countries...

This paper presents a formal analysis of the effects of asset backed securisation on the capital composition of banking institutions. A model of a banking firm is presented that highlights the interrelationship between deposit insurance, capital requirements and securitisation.

This paper examines the likely impact of Capital Adequacy Directive (CAD) on European Securities markets, focusing in particular on the competitive consequences for institutions engaged in the trading of equity securities.