Showing 1 - 10 of 18
We investigate how communication within banks affects small business lending. Using travel time between a bank's headquarters and its branches to proxy for the costs of communicating soft information, we exploit shocks to these travel times to evaluate the impact of within bank communication...
Persistent link: https://www.econbiz.de/10012479821
We evaluate the role of insider ownership in shaping banks' equity issuances in response to the global financial crisis. We construct a unique dataset on the ownership structure of U.S. banks and their equity issuances and discover that greater insider ownership leads to less equity issuances....
Persistent link: https://www.econbiz.de/10012481637
This paper conducts the first empirical assessment of theories concerning relationships among risk taking by banks, their ownership structures, and national bank regulations. We focus on conflicts between bank managers and owners over risk, and show that bank risk taking varies positively with...
Persistent link: https://www.econbiz.de/10012464532
Persistent link: https://www.econbiz.de/10012467179
Which public policies and ownership structures enhance the governance of banks? This paper constructs a new database on the ownership of banks internationally and then assesses the ramifications of ownership, shareholder protection laws, and supervisory/regulatory policies on bank valuations....
Persistent link: https://www.econbiz.de/10012468536
relationship between the market structure of the banking industry and bank fragility, this paper studies the impact of bank … concentration, bank regulations, and national institutions on the likelihood of suffering a systemic banking crisis. Using data on … 70 countries from 1980 to 1997, we find that crises are less likely in economies with (i) more concentrated banking …
Persistent link: https://www.econbiz.de/10012468775
and corruption in raising external finance, which is consistent with political/regulatory capture theories. Creating a …
Persistent link: https://www.econbiz.de/10012469078
specific regulatory and supervisory practices and banking-sector development, efficiency, and fragility. The paper examines: (i …) regulatory restrictions on bank activities and the mixing of banking and commerce; (ii) regulations on domestic and foreign bank …
Persistent link: https://www.econbiz.de/10012469383
This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period 1976-98 and applying recent GMM techniques developed for dynamic panels. On balance, we find that stock markets and banks positively influence economic growth and these findings...
Persistent link: https://www.econbiz.de/10012469631
Did regulatory reforms that lowered barriers to competition among U.S. banks increase or decrease the quality of information that banks disclose to the public and regulators? We find that an intensification of competition reduced abnormal accruals of loan loss provisions and the frequency with...
Persistent link: https://www.econbiz.de/10012457906