Bank (SDB) and China Merchants Bank (CMB). As these banks had greater independence from the central or local governments … introduced by Leibenstein (1966), was not widely applied to the financial institutions until the late 1980s. Berger and Humphrey … can be lowered at P, OP/OQ is the allocative efficiency of unit R. The overall efficiency of unit R is OP/OR and it can …

geraten. -- Bank ; Bankenkrise ; Finanzmarktkrise ; Wirtschaftspolitik ; Deutschland …, this paper reviews briefly the structure of the banking industry, quantifies effects of the crisis on banks and surveys … responses of economic policy. It is argued that policy design needs to enhance transparency and enforce the liability principle …

crisis has subsequently spread to the financial sectors in European and Asian economies and led to a severe worldwide … financial sector and factors that explain why these strains lead to system-wide contagion and a possible credit crunch. Most of … that a financial crisis with its contagion within the system is caused by failures of legal, regulatory and political …

include the state deciding which firms should or should not succeed and taxpayers’ money being used, in effect, to distort … ___________________________________________________________________________________________ English - Or. English DIRECTORATE FOR FINANCIAL AND ENTERPRISE AFFAIRS COMPETITION COMMITTEE COMPETITION AND … from failures in financial market regulation, not failure of the market itself or of competition. Regulation did not …

paper analyzes possible reasons for the breakdown of primary and secondary securitization markets, and argues that … misaligned incentives along the value chain are the primary cause of the problems. The illiquidity of asset and interbank markets …, in this view, is a market failure derived from ill-designed mechanisms of coordinating financial intermediaries and …

changing environment in which radical innovations evolve and traditional business models do not longer hold. Following the … Kommission zur Ermittlung der Konzentration im Pressebereich LBBW Landesbank Baden-Württemberg Mio. Millionen Mia. Milliarden … become more structured and more rigid. How do large, established organiza- tions stimulate innovation and renew their …