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Purpose This study examines the impact of competition and concentration on bank income smoothing in Central and Eastern … competition and concentration on bank income smoothing in 17 CEEs from 2004 to 2015. Findings Loan loss provisions (LLPs) are … negatively related to bank competition and concentration. The authors find no evidence for income smoothing using LLPs in a high …
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Some countries’ financial systems have undergone significant changes in response to the global financial crisis. While Australia’s financial system also experienced a variety of pressures and changes as a result of the crisis, the overall effect was much less severe than in some...
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The unravelling of the Middle-East peace process continues to baffle the pundits. The early optimism of the Oslo peace accord has now turned into despair. Prime minister Rabin was assassinated by a Jewish extremist. The Palestinians have embarked on a new Intifada. And Israel has re-occupied...
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