Showing 1 - 10 of 2,641
This paper examines the effects of improvement in creditors’ rights protection on firms’ financing choices and securities issuance. To address these issues, I exploit exogenous variation in creditors’ rights protection induced by the staggered adoption of anti-recharacterization laws by...
Persistent link: https://www.econbiz.de/10015216178
A robust bank industry is a major player in the stability of an economy, and therefore the macroeconomic decisions of … most countries revolve around the bank-based financial sector. The Ghana financial industry witnessed a cleanup exercise in …-score to analyse the financial performance of UT Bank prior to the 2017 bank industry health check in Ghana. Annual financials …
Persistent link: https://www.econbiz.de/10015226106
-managed have a tendency to concentrate debt and borrow predominantly from a few creditors. [3] We also show that while bank debt is …
Persistent link: https://www.econbiz.de/10015268170
In this paper, using network tools, I analyse systemic impacts of liquidity shocks in interbank market in case of endogenous haircuts. Gai, Haldane and Kapadia (2011) introduce a benchmark for liquidity crisis following haircut shocks, and Gorton and Metrick (2010) reveal the evidence from...
Persistent link: https://www.econbiz.de/10015242271
Practically, there is no human activity without being connected with some form of risk. A complexity of the activity is in a close connection with the risk level and, as a rule, the greater complexity leads to a greater risk. The importance of risk is stressed to a large extent in some sectors,...
Persistent link: https://www.econbiz.de/10015226073
This paper explores the influences of the approved results of loans cases, the loan applicants’ socioeconomic attributes in the decision of perusal loan. The results can improve the credit quality and avoid the misjudgment of screening personal loan customers and also establish a better...
Persistent link: https://www.econbiz.de/10015234430
We quantify the differences between market and regulatory assessments of bank portfolio risk, showing that larger … 4.1% following a one standard deviation increase in our measure for bank asset-risk differences. This amounts to an … is information asymmetry between investors and bank regulators. …
Persistent link: https://www.econbiz.de/10015266462
, I show, the depositors may react to more conservative policy by preempting the regulator: The depositors run on the bank … the bank more stable than a conservative policy that tolerates few withdrawals. …
Persistent link: https://www.econbiz.de/10015267554
In this paper we quantify the differences between market and regulatory assessments of bank portfolio risk, and thereby … spreads by approximately 4.3% following a one standard deviation increase in our measure for bank asset-risk differences. This … corporate borrowers when there is information asymmetry between investors and bank regulators. …
Persistent link: https://www.econbiz.de/10015237119
In this paper we analyse the corporate insolvency resolution procedures of India, UK and Singapore within a common … insolvency of a firm. It has a multiple laws, regulations and adjudication fora, each of which have created opportunities for … resolution process, the time to recovery and the value recovered. The importance of a comprehensive, well-functioning insolvency …
Persistent link: https://www.econbiz.de/10015250592