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(MFIs), dedicated to persons partially or totally excluded from the banking sector, have therefore developed special lending … business plan, whereas the second type, mainly monthly guaranteed benefit income recipients totally excluded from the banking … activity.. One of our key results is that being either poor, socially excluded or deprived from banking resources is not a sine …
Persistent link: https://www.econbiz.de/10009368025
We examine the informational effects of M&As by investigating whether bank mergers improve banks� ability to screen borrowers. By exploiting a dataset in which we observe a measure of a borrower�s default risk that the lenders observe only imperfectly, we find evidence of these...
Persistent link: https://www.econbiz.de/10005770757
competitive, and the output market can be either com- petitive or oligopolistic. First, we de…ne the condition for which banking …
Persistent link: https://www.econbiz.de/10010821263
, thus lowering pricing effectiveness. The main finding is that larger banking groups were more affected by the sudden …
Persistent link: https://www.econbiz.de/10009193014
public financing to firms via the banking system. The effect of public incentives depends on the availability of financial …
Persistent link: https://www.econbiz.de/10009020148
treatments ofthe banking system and its effects on economic productive structures then allows to see in anew light the …
Persistent link: https://www.econbiz.de/10008793174
As part of a series of related papers, the authors examine the conceptual foundations of German and American corporate governance, specifically highlighting the role of banks' relationships to corporations and the stock market. This paper focuses on how the regulatory and macroeconomic...
Persistent link: https://www.econbiz.de/10008793561
the decision to allow banking and borrowing, a debate which is typically overlooked by the debate to introduce the permits …
Persistent link: https://www.econbiz.de/10008793701
This paper examines the interrelations among five ownership and board characteristics in a sample of 260 bank and savings-and-loan holding companies. These governance characteristics, designed to reduce agency problems between shareholders and managers, are insider ownership, blockholder...
Persistent link: https://www.econbiz.de/10008794749
We evaluate the effectiveness of a partial credit guarantee program implemented in a large Italian region using unique microdata from a broad set of firms. Our results show that the policy was effective to the extent that it resulted in an improved financial condition for the beneficiary firms....
Persistent link: https://www.econbiz.de/10011099641