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The effect of bank competition on the bank's incentive to collateralize

Hainz, Christa - 2007

are better able to evaluate a project's risk than entrepreneurs. We study the bank's choice between screening and … collateralization in a model where banks do not have this superior screening skill. In particular, we study the effect of bank … competition on this choice. We find that competing banks use collateral less often than a monopolistic bank because competition …

Persistent link: https://www.econbiz.de/10010365861

Spinoffs and M&A as drivers of spatial clustering : the evolution of the Dutch banking sector in the Amsterdam region in the period 1850-1993

Boschma, Ron; Wenting, Rik - 2010

There is little understanding of how clusters evolve, and where. While dynamic analyses of clusters hardly exist, this is especially true for spatial clustering of service industries. We take an evolutionary perspective to describe and explain why the Dutch banking cluster clustered in the...

Persistent link: https://www.econbiz.de/10011573190

Are scale economies in banking elusive or illusive? : evidence obtained by incorporating capital structure and risk-taking into models of bank production

Hughes, Joseph P.; Mester, Loretta J.; Moon, Choon-geol - 2000 - This draft: May 2000

, the paper bridges the gulf between (1) the banking literature that studies moral hazard effects of bank regulation without … the microeconomics of bank production without explicitly considering how banks' production decisions influence their … bank managers cost minimization versus value maximization are estimated using U.S. data on highest-level bank holding …

Persistent link: https://www.econbiz.de/10011576401

Recovering risky technologies using the almost ideal demand system : an application to U.S. banking

Hughes, Joseph P.; Lang, William W.; Mester, Loretta J.; … - 2000 - This draft: September 2000

We argue for a shift in the focus of modeling production from the traditional assumptions of profit maximization and cost minimization to a more general assumption of managerial utility maximization that can incorporate risk incentives into the analysis of production and recover value-maximizing...

Persistent link: https://www.econbiz.de/10011576770

Bank mergers, competition and liquidity

Carletti, Elena; Hartmann, Philipp; Spagnolo, Giancarlo - 2005

We model the impact of bank mergers on loan competition, reserve holdings and aggregate liquidity. A merger creates an … operations by the central bank. …

Persistent link: https://www.econbiz.de/10011585555

Corporate Governance und Unternehmenserfolg : eine empirische Analyse des Zusammenhangs zwischen den Führungs-, Kontroll- und Anreizstrukturen und der Geschäftsentwicklung deutsche...

Steinbrecher, Johannes - 2016

researchers and regulators. Since poor bank governance is seen as a major cause of the recent crisis, a deeper understanding is … needed how banks are governed and how bank governance is associated with performance and risk taking. This report deals with … non-executive bank employees provided by an international consulting company. The results indicate that both aspects of …