In this paper we investigate the coherence between bank ratings and default probability in emerging market economies using scoring and mapping techniques.In order to achieve its disciplining role, the rating should be coherent with the default risk it summarizes and disseminate. This issue is...

This article proposes to apply the methodology of scoring and calibration in order to study the coherence of the ratings of banks with a model of defect of the banks in the emergent countries. Indeed, the role of the rating in time that vector of discipline of market, via the vehiculation of...

This article investigates the impact of institutional and regulatory factors on banks' default in emerging market economies. Few studies have investigated bank default in these economies. Although, the quality of institutions which determine investors' protection and bank regulation's efficiency...

The purpose of this paper is to investigate the validity of some behavioral conjectures as alternative explanations of bank risk-taking behavior. We especially focus on the different valuation of gains and losses relative to a reference point, and the changing attitude toward risk conditional on...

We investigate the influence of loan and syndicate characteristics and information disclosure and legal environment factors on the arrangement timetable of bank loan syndications (measured as the time elapsed from the launching until the completion of the deal) from 68 countries over the...

Regulatory and institutional environment is not without effect on bank's risk taking and therefore on bank's default. In this article, we investigate regulatory and institutional determinants of credit risk taking and bank's default probability in emerging market economies. Using a two step...

In this paper we investigate the coherence between bank ratings and default probability in emerging market economies using scoring and mapping techniques. In order to achieve its disciplining role, the rating should be coherent with the default risk it summarizes and disseminate. This issue is...

The regulatory and institutional environment may influence bank risk taking behavior, especially in emerging market economies. The resulting excess risk may hamper bank stability. This article investigates the influence of institutional factors on bank's excess risk and ratings, particularly...

This article investigates the impact of institutional and regulatory factors on banks' default in emerging market economies. Few studies have investigated bank default in these economies. Although, the quality of institutions which determine investors' protection and bank regulation's efficiency...

We study the effect of bank loan and bond announcements on borrower's stock price. We apply an event study methodology on a sample of companies from 17 European countries and find that debt announcement generates a positive stock market reaction. However, our main conclusion is that the issuance...