This paper aims to analyze the determinants of cash usage in a selection of European Union (EU) countries over the 2003-2016 period, based on a set of technological, socioeconomic, and socio-cultural indicators. Our results reveal the existence of region-specific determinants. Thus, in EU...

Purpose This paper aims to examine whether board-related characteristics matter for cost efficiency in banking sector. Design/methodology/approach This study uses a sample of publicly traded US commercial banks and savings institutions to estimate a relationship between cost efficiency measured...

Artículo de revista ; In its anniversary 40 years the Basel Committee on Banking Supervision (BCBS) has published 453 documents that have framed the general bank (and particularly risk) supervision and regulation worldwide. The objective of the paper is to investigate the main stages of BCBS...

Ten years after the global crisis of 2007-09 the financial regulation has being enhanced with the pace of world stock markets growth. Latter ones have hit their historical maximum values being two to three fold higher than on the eve of the crisis. Such prudential tightening incentivizes using...

"The book offers an overview of credit risk modeling and management. A three-step approach is adopted with the contents, after introducing the essential concepts of both mathematics and finance. Initially the focus is on the modeling of credit risk parameters mainly at the level of individual...