Showing 121 - 130 of 141,500
Regulatory bank levies set incentives for banks to reduce leverage. At the same time, corporate income taxation makes … funding through debt more attractive. In this paper, we explore how regulatory levies affect bank capital structure, depending … on corporate income taxation. Based on bank balance sheet data from 2006 to 2014 for a panel of EU-banks, our analysis …
Persistent link: https://www.econbiz.de/10011898938
of bank failure is sufficiently large, the surplus as well. Our results in overall highlight the need to take into …
Persistent link: https://www.econbiz.de/10014464895
Bank holding companies (BHCs) can be complex organizations, conducting multiple lines of business through many distinct … legal entities and across a range of geographies. While such complexity raises the costs of bank resolution when …, liquidity management, and synergy improvements that reduce risk. The outcomes of such trade-offs may depend on bank governance …
Persistent link: https://www.econbiz.de/10012234342
This paper investigates the impact of governance and regulation on systemic risk across a sample of banks from 10 Emerging CEE countries during 2005-2012. Overall, our results show that tight internal risk management mechanisms and shareholder-friendly supervisory boards are associated with...
Persistent link: https://www.econbiz.de/10012997465
We quantify the gains from regulating banks' maturity transformation in an infinite horizon model of banks which finance long-term assets with non-tradable debt. Banks choose the amount and maturity of their debt trading off investors' preference for short maturities with the risk of systemic...
Persistent link: https://www.econbiz.de/10012980515
Over the last years, the capital regulation of banks under the Basel framework has undergone a fundamental review. In parallel to the implementation of Basel III, a non-risk-sensitive leverage ratio and new liquidity standards are introduced. I study the combined impact of the new regime on the...
Persistent link: https://www.econbiz.de/10012967019
We examine the effects of competition on bank risk. We find strong evidence that interstate banking deregulation … — which generally increases bank competition — is associated with lower bank risk and some evidence intrastate branching … increases bank risk. Further, interstate banking reduces bank risk more in sparsely populated states. Additional analyses …
Persistent link: https://www.econbiz.de/10012864308
management. Politicians may also be less educated and experienced to fulfil their role as monitor of bank managers. This …, suggests that shareholders pushed for greater risk-taking and not managers. This contrast with public view that the bank …
Persistent link: https://www.econbiz.de/10014198084
Using a novel dataset on central bank interventions to financial institutions, we examine the impact of capital … compensation investors demand for being exposed to the risk of large correlated drops in bank stock prices. DCRP is calculated … using options that provide a hedge against large drops in the price of a bank index and its individual components. We find …
Persistent link: https://www.econbiz.de/10014121074
the central bank is responsible for bank supervision and bank regulators are equipped with more supervisory resources, but …
Persistent link: https://www.econbiz.de/10013294971