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estimated, while the relationship between IC and bank efficiency is examined in the second stage. The results indicate a … observing the effect of IC decompositions, the findings show that only human capital enhances all types of bank efficiency …. Furthermore, bank size and liquidity risk are significant drivers of Vietnamese bank efficiency. Therefore, our findings suggest …
Persistent link: https://www.econbiz.de/10014500234
indeed share SMEs' credit risk of lending in order to help raise bank efficiency. …' efficiency, by employing the stochastic frontier approach on 14 banks over the period 2001-2010. When lending increases to SMEs …, the findings indicate that banks' cost efficiency decreases due to information asymmetry. However, the increased …
Persistent link: https://www.econbiz.de/10011779564
Persistent link: https://www.econbiz.de/10011819791
Using information on the sales of debt claims for 132 U.S. Chapter 11 bankruptcy cases, we show that large trade creditors' decisions to sell receivables of a distressed company in bankruptcy are predictive of lower recovery rates, and that in such cases these creditors sell ahead of less...
Persistent link: https://www.econbiz.de/10012929341
bank to restructure the borrower's firm in the case of distress, thepossibility to appropriate private benefits from …
Persistent link: https://www.econbiz.de/10005840402
. In this paper, we establish that liquidity and capital ratios had a positive impact on bank returns during the first … identify deposit franchise and risk management as two key channels through which stronger financial stability improved bank …
Persistent link: https://www.econbiz.de/10013221214
ownership structure and bank risk-taking behavior is correlated with the characteristics of individual banks in terms of … quantile regression. First, state ownership and foreign ownership affect bank risk-taking positively in high-risk banks while … distributions of bank risk. These findings suggest that appropriate ownership structure can constrain bank risk-taking activities in …
Persistent link: https://www.econbiz.de/10013179549
While there is increasing interest in crypto assets, the credit risk of these exchanges is still relatively unexplored. To fill this gap, we considered a unique dataset of 144 exchanges, active from the first quarter of 2018 to the first quarter of 2021. We analyzed the determinants surrounding...
Persistent link: https://www.econbiz.de/10012794905
This paper proposes a machine learning approach to estimate physical forward default intensities. Default probabilities are computed using artificial neural networks to estimate the intensities of the inhomogeneous Poisson processes governing default process. The major contribution to previous...
Persistent link: https://www.econbiz.de/10012419329
We propose an econometric model for predicting the share of bank debt held by bankrupt firms by combining a novel set … selection gives the best predictions of the risk of bankruptcy in firms holding high shares of the bank debt. …
Persistent link: https://www.econbiz.de/10013337991