Nowadays banks are faced with an increased level of doubtful debts. This research examines some firm- market- and industry-related factors that can be used to explain the level of doubtful debts. Some moderating factors (type, size and duration of the loan) are also considered. The sample is...

This study is stimulated by both the EVA<SUP align="right"> ®</SUP> proponents' assertions and by the mixed empirical results for its value relevance reported until now. Pooled time-series, cross sectional data of listed companies in the Athens Stock Exchange (ASE) over the period 1992-2001 have been employed to...</sup>

This paper analyses China's success in establishing a commercially–oriented bank system, the system's ongoing stability, and factors supporting stability. These issues are addressed for the 1997-2003 period through consideration of: the liquidity requirements of commercial banks; and a...

The objective of this paper is to investigate the main tendencies and factors affecting financing companies and the capital structure of Hungarian companies. We found that bank credit is the most important amongst external financing funds of Hungarian companies. The bank intermediary system has...