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The strong positive relationship between firm profits and size for Thai financial institutions cannot be explained by returns to scale or scope. Evidence for this statement is found by applying both production frontier and function techniques and different model specifications on data covering...
Persistent link: https://www.econbiz.de/10015180297
This study investigates the relationship between production efficiency in financial intermediation and financial system size. The study predicts and tests for the existence of ""systemic scale economies"" (SSEs), whereby value-maximizing intermediaries operating in large systems are expected to...
Persistent link: https://www.econbiz.de/10014399577
The contribution of institutionally diversified financial sectors to more sustainable growth and financial stability-in particular the role of effective local banking structures—is not always fully appreciated, whether in the context of development cooperation or in policy discussions in the...
Persistent link: https://www.econbiz.de/10012153567
This study compares the responsiveness of microcredit interest rates to age, scale of lending and organisational charter. It uses an unbalanced panel of 300 MFIs from 107 developing countries from 2005 to 2015. Three key trends emerge from the results of a 2SLS regression. First, the adoption of...
Persistent link: https://www.econbiz.de/10012925540
This study compares the responsiveness of microcredit interest rates to age, scale of lending and organisational charter. It uses an unbalanced panel of 300 MFIs from 107 developing countries from 2005 to 2015. Three key trends emerge from the results of a 2SLS regression. First, the adoption of...
Persistent link: https://www.econbiz.de/10011817165
We consider three measures on the systemic importance of a financial institution within a interconnected financial system. Based on the measures, we study the relation between the size of a financial institution and its systemic importance. From both theoretical model and empirical analysis, we...
Persistent link: https://www.econbiz.de/10013133936
This study examines the firm size distribution of US financial institutions. A truncated lognormal distribution describes the size distribution, measured using assets data, of a large population of small, community-based commercial banks. The size distribution of a smaller but increasingly...
Persistent link: https://www.econbiz.de/10013113918
financial firms engage in excessive risk-taking mainly through increased leverage. Third, we find that bank corporate governance …
Persistent link: https://www.econbiz.de/10012940151
We investigate the risk effects of bank acquisitions of insurance companies and securities firms between 1991 and 2012 … diversification by modelling the determinants of risks. We find that bank combinations with securities firms yield higher risks than … combinations with insurance companies. Bank size is an important and consistent determinant of risk whereas diversification is not …
Persistent link: https://www.econbiz.de/10014354094
Im vorliegenden Beitrag werden wesentlichen Merkmale eines Too Big To Fail (TBTF) Regimes diskutiert. Hierunter wird ein politisches Umfeld verstanden, in dem grosse, systemrelevante Finanzinstitute durch staatliche Massnahmen vor der Insolvenz gerettet werden. Das TBTF Regime rechtfertigt sich...
Persistent link: https://www.econbiz.de/10003952398