Showing 1 - 10 of 1,041,017
aspects of bank's financial strategy on shipping finance by enhancing the role of the credibility theory, which balances the … credibility factor to the decision of the bank to either increase or decrease financing in the relevant market. The important … individual bank policy with the market as a whole. This has been primarily forwarded on by the analysis of the operational …
Persistent link: https://www.econbiz.de/10011988738
exogenous factors in the tanker shipping-related financial market and the modulation of the credibility coefficient as an … factor in the financing decision policy of a shipping bank for the forthcoming year T + 1. …
Persistent link: https://www.econbiz.de/10014500395
Using firm-level data from surveys and financial statements, this paper presents an analysis of credit standards, capital allocation and financial conditions of non-financial enterprises in Denmark since the beginning of the financial crisis. The analysis indicates that low interest rates and...
Persistent link: https://www.econbiz.de/10011489436
This study examines the impact of credit rating upgrades and downgrades on six comprehensive banks' asset classes, profitability, leverage and size using data from the Federal Deposit Insurance Corporation's call reports and Bloomberg over the period 1989-2008. In summary, the results suggest...
Persistent link: https://www.econbiz.de/10013115975
This paper uses a unique data set from credit files of six leading German banks to provide some empirical insights into their rating systems used to classify corporate borrowers. On the basis of the New Basle Capital Accord, which allows banks to use their internal rating systems to compute...
Persistent link: https://www.econbiz.de/10009767690
We studied information and interaction processes in six lending relationships between a universal bank and medium sized …, bank monitoring is based mainly on cheap, retrospective and internal data. In case of distress, more expensive, prospective … firm's investments might leave the bank in a very strong bargaining position and distort investment incentives. Therefore …
Persistent link: https://www.econbiz.de/10009768853
to bank internal rating data, under different economic scenarios and investigates the implications of credit risk quality …
Persistent link: https://www.econbiz.de/10010373357
overnight unsecured loans. Using proprietary bank-level data, we find that interbank rate uncertainty significantly raises … positions and greater access to central bank funding …
Persistent link: https://www.econbiz.de/10013315349
The paper presents an econometric study of the two bank ratings assigned by Moody's Investors Service. According to … Moody's methodology, foreign currency long-term deposit ratings are assigned on the basis of Bank Financial Strength Ratings … (BFSR), taking into account “external bank support factors” (joint-default analysis, JDA). Models for the (unobserved …
Persistent link: https://www.econbiz.de/10013110060
Using the Credit Rating Agency Reform Act of 2006, we examine the credibility of mandatory disclosure by credit rating … prices improves investment efficiency. Our findings suggest that the greater credibility of CRA mandatory disclosure leads to …
Persistent link: https://www.econbiz.de/10014239046