Ultimate Ownership Structure and Bank Regulatory Capital Adjustment: Evidence from European Commercial Banks
نویسندگان
چکیده
منابع مشابه
Ultimate ownership structure and corporate disclosure quality: evidence from China
Purpose – This study examines whether the type of ultimate controllers (i.e., private vs. state) affects corporate disclosure quality and whether the relationship between the type of ultimate controllers and corporate disclosure quality is moderated by the separation of ownership and control. Design/methodology/approach – This study employs the data of 405 Chinese listed firms in 2005. We revie...
متن کاملBank Organization, Market Structure and Risk Taking: Theory and Evidence from U.S. Commercial Banks
This paper examines (1) the change in commercial banks’ risk taking as states in the United States removed restrictions on bank branching within state borders and (2) the channels through which the removal of these restrictions affects bank risk taking. I find that, after the liberalization of branching restrictions, banks that do not expand their branch network into other markets decrease risk...
متن کاملBank ownership, rm value and rm capital structure in Europe*
We investigate the role of banks in the ownership structure of non- nancial rms. Distinguishing between banks and other institutional investors as shareholders, we examine the relationship between nancial institution ownership and the performance of the rms in which they hold equity. We control explicitly for the capital structure decision of the rms and the ownership decision of nancial i...
متن کاملThe Impact of Changes in Bank Ownership Structure on the Allocation of Capital: International Evidence
A new wave of bank privatizations in the past decade has significantly changed the ownership structure of banking systems around the world. This paper explores how these changes affect the allocation of capital within countries. We show that the decline in government ownership of banks has a different impact on capital allocation efficiency, depending on whether foreigners or large domestic sha...
متن کاملBank risk taking, efficiency, and law enforcement: Evidence from Chinese city commercial banks ¬リニ
Article history: Received 30 May 2011 Received in revised form 7 November 2011 Accepted 20 December 2011 Available online 29 December 2011 We investigate bank risk taking, efficiency and their relation to law enforcement using a unique sample of 133 Chinese city commercial banks across 31 regions for the 1999–2008 period. We find that stronger law enforcement tends to promote greater bank risk ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.2158166