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The crisis as a wake-up call : do banks tighten screening and monitoring during a financial crisis?

Haas, Ralph de; Horen, Neeltje van - 2010

To what extent was the credit contraction during the global financial crisis due to more intense screening and monitoring by banks? We address this question by analysing changes in the structure of a large number of syndicated loans to private, non-financial corporations. We find an increase in...

Persistent link: https://www.econbiz.de/10003994253

Banking-on-the-average rules

Gersbach, Hans; Hahn, Volker - 2009 - This version: March 2009

regulatory framework. In addition, we argue that banking-on-the-average rules ensure the build-up of bank equity capitals in … booms and thus avoid excessive leverage. Prudent banks can impose prudency on other banks. In a simple model of a banking … system, we show that a banking-on-the-average framework can deliver the socially optimal solution because it induces banks to …

Persistent link: https://www.econbiz.de/10008732399

Relationship lending, firms' behaviour and credit risk : evidence from the Czech Republic

Geršl, Adam; Jakubík, Petr - 2010

relationship lending occur in the bank's portfolio. -- Relationship banking ; credit risk …

Persistent link: https://www.econbiz.de/10008655528

Bank productivity in China 1997 - 2007 : an exercise in measurement

Matthews, Kent; Zhang, Nina - 2009

This study examines the productivity growth of the nationwide banks of China and a sample of city commercial, banks for the eleven years to 2007. Estimates of total factor productivity growth are constructed with appropriate confidence intervals, using a bootstrap method for the Malmquist index....

Persistent link: https://www.econbiz.de/10003876977

Margins of international banking : is there a productivity Pecking order in banking, too?

Buch, Claudia M.; Koch, Cathérine Tahmee; Kötter, Michael - 2009

-financial firms. This study tests whether a productivity pecking order also determines international banking activities. Using a novel … factors matter for international banking. Fourth, gravity-type variables have an important impact on international banking …

Persistent link: https://www.econbiz.de/10003923511

The financial crisis and the regulation of credit rating agencies : a European banking perspective

Utzig, Siegfried - 2010

Credit rating agencies (CRAs) bear some responsibility for the financial crisis that started in 2007 and remains ongoing. This is acknowledged by policymakers, market participants, and by the agencies themselves. It soon became clear that, given the depth of the crisis, CRAs would not be able to...

Persistent link: https://www.econbiz.de/10003928094

Caught between Scylla and Charybdis? : regulating bank leverage when there is rent seeking and risk shifting

Acharya, Viral V.; Mehran, Hamid; Thakor, Anjan V. - 2010 - Rev.

Banks face two different kinds of moral hazard problems: asset substitution by shareholders (e.g., making risky, negative net present value loans) and managerial rent seeking (e.g., investing in inefficient “pet” projects and consuming perquisites that yield private benefits). The privately...

Persistent link: https://www.econbiz.de/10008657183

Productivity of banks and its impact on the capital investments of client firms

Miyakawa, Daisuke; Inui, Tomohiko; Shoji, Keishi - 2011

This paper proposes one measure for the productivity of banks and studies how it affects the sensitivity of a client firm's capital investment with respect to investment opportunity. As a direct measure for the productivity of banks, we employ the risk-adjusted profit of an individual bank,...

Persistent link: https://www.econbiz.de/10009154055

This time is the same : using bank performance in 1998 to explain bank performance during the recent financial crisis

Fahlenbrach, Rüdiger; Prilmeier, Robert; Stulz, René M. - 2011

We investigate whether a bank’s performance during the 1998 crisis, which was viewed at the time as the most dramatic crisis since the Great Depression, predicts its performance during the recent financial crisis. One hypothesis is that a bank that has an especially poor experience in a crisis...

Persistent link: https://www.econbiz.de/10009240510

Bank income and profits over the business and interest rate cycle

Burgstaller, Johann - 2006

If and how the conduct of the banking sector contributes to the propagation of aggregate shocks has become a prominent … profitability figures, can contribute to the discussion. By using time series data for the Austrian banking sector from 1987 to 2005 … financial accelerator caused by the Austrian banking sector. -- bank interest margins ; business cycles ; financial accelerator …

Persistent link: https://www.econbiz.de/10009746202