The need for the transition from a high-carbon to a low-carbon economy has led to the creation of the so-called green banks, while many financial institutions around the world are gradually adjusting their loan portfolio to a greener one by financing environment-friendly projects. Using a panel...

This paper examines social or peer to peer lending in two platforms, Prosper in the United States and Zopa in the United Kingdom. The hand-collected sample consists of 600 random loan requests -- 300 in each platform -- in different stages of fulfillment during the month of February 2011. The...

This study investigates the impact of the COVID-19 pandemic on banking sector profitability in Uganda for the period spanning Q1 2000 to Q1 2021, using the autoregressive distributed lag (ARDL Bound) testing approach to co-integration while controlling for bank specific and macroeconomic...

This paper examines the pricing of global syndicated loans during the COVID-19 pandemic. We find that loan spreads rise by over 11 basis points in response to a one standard deviation increase the lender’s exposure to COVID-19 and over 5 basis points for an equivalent increase in the...

We investigate the effect of financial statement comparability on banks' earnings smoothing behavior through loan-loss provisioning. Financial statement comparability makes information about peers accessible to outside investors and, thereby, improves transparency and the information...

The authors analyze changes resulting from impacts of the globalization process and the crisis on the financial markets, particularly on the conservative insurance sector, which is forced to accelerate the dynamics of structural changes. The adequacy of the current regulatory measures for the...

Italian Abstract: Questo lavoro verifica se tra la fine del 2005 e la metà del 2012 la specializzazione territoriale dell’attività di prestito, il localismo bancario, ha influenzato la dinamica e la qualità dei prestiti concessi alle imprese italiane. A tal fine il lavoro propone una nuova...

Money markets are fundamentally different from stock markets. Stock markets are about price discovery for the purpose of allocating risk efficiently. Money markets are about obviating the need for price discovery using over-collateralised debt to reduce the cost of lending. Yet, attempts to...