We investigate ownership effects on capital adjustment in China from 2000 - 2012 and find that state-owned banks hold higher capital than other ownership types. Foreign banks are more highly capitalized than local non-state banks but under-capitalized compared with bigger non-state banks with a...

We investigate ownership effects on capital and adjustments speed to the target capital ratio in China from 2000 to 2012 and find that state-owned banks hold higher levels of capital than banks of other ownership types. Foreign banks are more highly capitalized than local non-state banks but...

National measures of competition and macroeconomic activity have been used by researchers in recent years to explain performance and risk differentials across banks. However, such measures may be inappropriate for banks which operate with a regional focus. In this paper we construct measures of...

This paper examines the strength of competition in 65 national banking industries. Country-level dynamic panel estimates of the persistence of bank profit are reported and compared. The persistence of bank profit appears to be weaker for banks in developing countries than for those in developed...

This paper examines the strength of competition in 65 national banking industries. Country level dynamic panel estimates of the persistence of bank profit are reported and compared. The persistence of bank profit appears to be weaker for banks in developing countries than for those in developed...

They do so as a strategy for assets expansion. We find that, relative to the control group, U.S. SEO banks increased not only in their capital ratios but also deposits and assets in the years post-SEO. The newly raised funds are invested mainly in retail loans. The overall risk is increased and...

We examine the impact of the social attachment through age similarity between the independent directors and the CEO on earnings management. Using changes in independent director composition due to director death and retirement for identification, we find that firms with the presence of the...