Firm Characteristics and Bank Internationalization in an Emerging Economy

Firm Characteristics and Bank Internationalization in an Emerging Economy

Article History Received: 7 September 2017 Revised: 21 September 2017 Accepted: 28 September 2017 Published: 5 October 2017

Internationalization and Bank Risk

This paper documents a positive relation between internationalization and bank risk. This is consistent with the empirical dominance of the market risk hypothesis – whereby internationalization increases banks’ risk due to market-specific factors – over the diversification hypothesis – whereby internationalization allows banks to reduce risk through increased diversification of their operations...

Bank Internationalization and Risk-Taking

This paper investigates the effects of bank internationalization on risk-taking. We find that internationalization increases bank risk-taking: the Z-score of US banks that engage in foreign activities is lower than that of their purely domestic peers. The results are consistent with the empirical dominance of the market risk hypothesis, whereby internationalization increases banks’ risk due to ...

Firm performance characteristics and gender ownership in a Globalised Economy

This paper extends existing research on firm heterogeneity by exploring whether differences in firm performance characteristics may in part be related to the gender of the proprietor of the firm. Using a data set of Irish manufacturing firms covering the period 1993 to 2002, we estimate multivariate regression models comparing the performance of female-owned and male-female joint ownership firm...

Firm Performance and Selection in an Emerging Economy: Micro Evidence from Slovenia