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Due to a high ratio of foreign ownership, countries in the Central and East European (CEE) region are characterised by particularly high financial integration. Therefore, contagion risks are high in both directions: a problem that develops in the country of a parent bank can easily spread to the...
Persistent link: https://www.econbiz.de/10005146770
In this paper, we demonstrate that cultural borders in international finance resurge during financial crises. To investigate the role of cultural borders during both tranquil and crisis periods, we employ a unique data set that focuses on Eurozone cross-border depositing in a gravity-model...
Persistent link: https://www.econbiz.de/10010856571
strategy if banks think long-term. If banks are myopic no information sharing may occur. …
Persistent link: https://www.econbiz.de/10010494344
strategy if banks think long-term. If banks are myopic no information sharing may occur. …
Persistent link: https://www.econbiz.de/10005590069
with lockdowns. A drop in demand as well as supply disruptions affected the economy which also hit European banks with … available to the banks for the preparation of their half-year reports. As ESMA considers Covid-19 a significant event under IAS … which banks fulfilled the disclosure expectations communicated by the relevant professional institutions. For this purpose …
Persistent link: https://www.econbiz.de/10012795250
. Besides the integration of ESG and CSR into the banks’ operations, it can serve and be utilized as risk management tools. This … disclosure quality in European banks from 2017-2019. After an overview of the EU’s path towards a sustainable financial sector …-category CSR disclosure index to “translate” and quantify disclosed CSR information in the banks’ annual filings, a positive …
Persistent link: https://www.econbiz.de/10012438988
Banks are crucial enablers of financial and economic development. They have an immense corporate social responsibility … (CSR) towards society. Bank´s CSR activities are considered increasingly vital for their own success and sustainable growth … Directive was required to be adopted by banks and other companies for financial year 2017. This study analyses the quality of …
Persistent link: https://www.econbiz.de/10012161187
top 20 banks and 61.9% of the collaterals used in the European repo market are originated in the Eurozone. Especially, for …. The example of Lehman Brothers shows how important it is to formulate appropriate accounting standards that actually … sample which was examined within this empirical analysis consists of 66 banks from 19 European countries. It will be shown …
Persistent link: https://www.econbiz.de/10012436674
Persistent link: https://www.econbiz.de/10009316504
cross-border perspective on financial networks. It is also unique in accounting for risk transfers and in proposing a …
Persistent link: https://www.econbiz.de/10010611018