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In Romania, as in many Central and Eastern Europe countries, during the communist regime all the banks were owned by the state and their activities were circumscribed by rigid norms. After the communist regime had fallen, the state owned banks had to adapt to a competitive environment. The...
Persistent link: https://www.econbiz.de/10013099045
present on the borrowers' side; it is estimated that about half of state-owned commercial bank lending still goes to state …
Persistent link: https://www.econbiz.de/10013066988
with several unusual features. We perform stochastic frontier analysis (SFA) of Russian bank-level quarterly data over the … revaluation of foreign currency items in bank balance sheets. Public banks are split into core and other state-controlled banks … SFA scores of banks and bank clusters (heterogeneity in risk preference and asset structure) to explain changes in bank …
Persistent link: https://www.econbiz.de/10013017361
-sector counterparts. Given the importance of the bank’s share price from a fundraising perspective, it would be helpful to understand the … key drivers of public bank stock prices. This paper studied the influence of some key micro and macro determinants on the …
Persistent link: https://www.econbiz.de/10013212754
with several unusual features. We perform stochastic frontier anal-ysis (SFA) of Russian bank-level quarterly data over the …-tion of foreign currency items in bank balance sheets. Public banks are split into core and other state-controlled banks … SFA scores of banks and bank clusters (heterogeneity in risk preference and asset structure) to explain changes in bank …
Persistent link: https://www.econbiz.de/10013315449
In an influential paper, La Porta, Lopez-De-Silanes and Shleifer (2002) argued that public ownership of banks is associated with lower GDP growth. We show that this relationship does not hold for all countries, but depends on a country's financial development and political institutions. Public...
Persistent link: https://www.econbiz.de/10013137631
This study examines whether state-owned banks face political pressure and whether the improvement in political institutions alleviates this pressure. The theory of political benefits argues that politicians use state-owned banks for political purposes such as obtaining and maintaining political...
Persistent link: https://www.econbiz.de/10011895721
regulatory scrutiny from other bank regulators. Taken together, these empirical findings highlight the duality of regulatory …
Persistent link: https://www.econbiz.de/10014355439
The possibility of creating a state bank has received much recent attention in the United States. In 2021, six states … introduced legislation to create a state bank; in 2019, similar legislation was enacted in California for municipal banks. This … to traditional private banking and identifies five questions determining the advisability of creating a state bank. The …
Persistent link: https://www.econbiz.de/10013454018
The timeliness of financial reporting has been an important topic in the accounting literature for decades. There is a tradeoff between the timeliness of reporting and the value of the information being reported. Prior to the advent of the internet, reporting had to be done using print media....
Persistent link: https://www.econbiz.de/10013083912