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Does capital regulation matter for bank behaviour? Evidence for German savings banks

Heid, Frank; Porath, Daniel; Stolz, Stéphanie - 2004

The aim of this paper is to assess how German savings banks adjust capital and risk under capital regulation. We estimate a modified version of the model developed by Shrieves and Dahl (1992). This paper contributes to the literature in three ways. First, we test the capital buffer theory...

Persistent link: https://www.econbiz.de/10010295890

Estimating probabilities of default for German savings banks and credit cooperatives

Porath, Daniel - 2004

A healthy banking system is a fundamental condition for financial stability. When assessing the riskiness of the banking system, analysts often restrict their focus to large banks. This may create a distorted picture in countries like Germany with fragmented banking systems. In Germany, savings...

Persistent link: https://www.econbiz.de/10010295893

Do banks diversify loan portfolios? A tentative answer based on individual bank loan portfolios

Kamp, Andreas; Pfingsten, Andreas; Porath, Daniel - 2005

Theory of financial intermediation gives contradicting answers to the question whether banks should diversify or focus their loan portfolios. Our aim is to find out which of the two strategies is predominant in the German banking market. To this end we measure diversification for all German...

Persistent link: https://www.econbiz.de/10010295896

Accounting for distress in bank mergers

Koetter, Michael; Bos, Jaap W. B.; Heid, Frank; Kool, … - 2005

The inability of most bank merger studies to control for hidden bailouts may lead to biased results. In this study, we employ a unique data set of approximately 1,000 mergers to analyze the determinants of bank mergers. We use data on the regulatory intervention history to distinguish between...

Persistent link: https://www.econbiz.de/10010295902

Efficient, profitable and safe banking: an oxymoron? Evidence from a panel VAR approach

Koetter, Michael; Porath, Daniel - 2007

Efficiency is considered a key factor when evaluating a bank's performance. Moreover, efficiency enhancement is an … of performance in response to efficiency improvements remain often unclear on both theoretical and empirical grounds. We … analyze the dynamic relations between efficiency and performance in the German banking market. To this end we use panel data …

Persistent link: https://www.econbiz.de/10010295921

Does capital regulation matter for bank behavior? Evidence for German savings banks

Heid, Frank; Porath, Daniel; Stolz, Stéphanie - 2003

The aim of this paper is to assess how German savings banks adjust capital and risk under capital regulation. We estimate a modified version of the model developed by Shrieves and Dahl (1992). In comparison to former research, we impose fewer restrictions with regard to the impact of regulation...

Persistent link: https://www.econbiz.de/10010276736

The Winner's Curse : Evidence on the Danger of Aggressive Credit Growth in Banking

Kick, Thomas K. - 2016

Excessive credit creation by banks was at the root of the recent financial crisis. Nevertheless, micro-prudential regulation lacks a clear methodology to identify these banks. Combining arguments from banking and auction theory, we show that overoptimism causes excessive lending, subsequently...

Persistent link: https://www.econbiz.de/10012988673

Market Timing, Maturity Mismatch, and Risk Management : Evidence from the Banking Industry

Ruprecht, Benedikt - 2016

We investigate financial intermediaries' interest rate risk management as the simultaneous decision of on …-balance-sheet exposure and interest rate swap use. Our findings show that both decisions are substitute risk management strategies. A higher …

Persistent link: https://www.econbiz.de/10012988748

Bank Risk Taking and Competition : Evidence from Regional Banking Markets

Kick, Thomas K. - 2016

This study investigates the bank competition-stability nexus using a unique regulatory dataset provided by the Deutsche Bundesbank over the period 1994 to 2010. First, we use outright bank defaults as the most direct measure of bank risk available and contrast the results to weaker forms of bank...

Persistent link: https://www.econbiz.de/10012988767

Executive Board Composition and Bank Risk Taking

Berger, Allen N. - 2016

financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance …

Persistent link: https://www.econbiz.de/10012988770