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explain about two-thirds of the variation of bank capitalization over the business cycle. We estimate that provisioning …
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, especially as they operate in a business environment with multiple stakeholder demands and an increasing awareness of CSR. In …
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In March 2020, Covid-19 was declared a pandemic by the World Health Organization. Most European governments reacted with lockdowns. A drop in demand as well as supply disruptions affected the economy which also hit European banks with quite a lot of uncertainty, not only regarding possible...
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. The example of Lehman Brothers shows how important it is to formulate appropriate accounting standards that actually …
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In the European Union the goal of transition towards a carbon-neutral economy by 2050 is identified as a major aim of the European Commission. The integral role of the financial services sector in funding such investments and enhancing the (re-) direction and allocation of capital flows towards...
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