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We examine the impact of bank supervision on the financing obstacles faced by almost 5,000 corporations across 49 …. Finally, we find that bank supervisory agencies that force accurate information disclosure by banks and enhance private …
Persistent link: https://www.econbiz.de/10012786649
type of hidden capital and each class of bank, the model develops estimates of the stock-market, interest-rate, foreign …-exchange, and real estate sensitivities of returns to bank stockholders. Only the stock-market sensitivities prove significant at … five percent. This finding leads us to investigate what happens when we analyze Japanese bank stock returns by means of …
Persistent link: https://www.econbiz.de/10012787456
-funded capital injections. However, on closer inspection the composition of bank capital shifted radically from one based on common …
Persistent link: https://www.econbiz.de/10013128263
the size of the economy, (2) the association between an increase in economic output and an increase in bank development …
Persistent link: https://www.econbiz.de/10013107516
hedge to fund drawn credit lines and other commitments. We shed new light on this issue by studying the behavior of bank …
Persistent link: https://www.econbiz.de/10013110924
behavior. By paying out dividends, a bank transfers value to its shareholders away from creditors, among whom are other banks …. This way, one bank's dividend payout policy affects the equity value and risk of default of other banks. When such negative … externalities are strong and bank franchise values are not too low, the private equilibrium can feature excess dividends relative to …
Persistent link: https://www.econbiz.de/10013071913
, eventually, greater reliance on liquidity support from the European Central Bank …
Persistent link: https://www.econbiz.de/10013295279
pre-crisis data, in order to study the impact of government guarantees on bank performance during a crisis. Using bank … private sector bank branches in districts with greater exposure to state-owned banks experienced deposit withdrawals and … shortening of deposit maturity. In contrast, nearby vulnerable state-owned bank branches grew their deposit base and increased …
Persistent link: https://www.econbiz.de/10013403886