The purpose of the study is to evaluate the impact of capital account liberalization and foreign bank ownership on income inequality. The timeline was 1991-2020, and the BRICS countries (Brazil, Russia, India, China, and South Africa) were analyzed through an unbalanced panel dataset. To measure...

This paper studies the impact of recent mergers and acquisitions (M&As) on the cost and profit efficiency of banks in Greece. To this end, three methods have been applied: (i) analysis of developments in certain cost and profit indicators and their dispersion for bank groups according to their...

The aim of this study is to examine the effect of bank-specific, industry-specific and macroeconomic determinants of bank profitability, using an empirical framework that incorporates the traditional Structure-Conduct-Performance (SCP) hypothesis. To account for profit persistence, we apply a...

This study reviews and evaluates a particular aspect of the institution building process in the transition countries of Southeast Europe. The focus is the development of the banking sector. It is argued that banking sector development plays an integral and pivotal role in the successful...

This study uses the distribution free approach to investigate cost efficiency in a panel of Greek banks over 1993-1999, a period characterized by major changes in the banking sector brought about by gradual financial deregulation. These reforms were supposed to provide an opportunity to Greek...

How do banks respond to changes in capital requirements as a result of the stress tests? Does the disclosure of stress test results matter? To answer these questions, we study the impact of European stress tests on banks’ lending, their corresponding risk-taking, the ensuing effect on their...

This study examines the response of Greek bank stock prices to the announcement of intended mergers and acquisitions (M&As) during the period 1998-1999, applying a standard event study methodology. The results show that both the acquiring banks and, albeit to a lesser extent, the target banks...

The aim of this study is to examine the profitability behaviour of bank-specific, industryrelated and macroeconomic determinants, using an unbalanced panel dataset of South Eastern European (SEE) credit institutions over the period 1998-2002. The estimation results indicate that, with the...

What happens to personal credit interest rates banks charge when a credit union operates in a location? We gather a unique dataset from the Brazilian Central Bank containing 370,383 location-month observations from 6,225 distinct locations and estimate dynamic panels of determinants of bank...

This paper examines the operating performance of Chinese banks surrounding the stock listing. The results show that while cross-border listed banks overall outperform domestically listed banks, the performances of regional (city and rural) banks and non-eastern coastal banks are inferior to...