We highlight the implications of combining underwriting services and lending for the choice of underwriters and for competition in the underwriting business. We show that cross-selling can increase underwriters’ incentives, and we explain three phenomena: first, that cross-selling is important for universal banks to enter the investment banking business; second, that cross-selling is particular...

Islamic banking is one the most blossoming doctrine in economic system of the world. The Fast growing awareness about Islamic financial system has brought strong feeling to Muslims to confront the western interest-based economic cycle. The Islamic economic system is emerging as a reliable alternative to the interest based system. This study is proposed to ascertain the motivational factors enco...

I present a framework of banking in which banks’ main role is to monitor their borrowers. Within this framework I analyze the benefits of diversification and the threats of systemic risk and inter-bank competition. Diversification improves banks’ monitoring incentives. High systemic risk not only hampers banks’ monitoring incentives, but also makes diversification less effective. I also show th...

This study extends IT ethics research by proposing an IT ethical behavioral model that includes attitude, perceived importance, subjective norms, situational factors, and individual characteristics. The proposed model integrates elements from the Theory of Planned Behavior (TPB) and Theory of Reasoned Action (TRA) as well as ethical decision-making models. It is hypothesized that behavioral int...

With rapid development of information technology, the banking industry has undergone significant operation changes over the last decade. Owing to few studies have examined the role of privacy concerns, trust and their antecedents in this issue, we consider that it is essential to identify the factors affect the adoption of Internet banking. Therefore, an empirical study was undertaken and the d...

In the current study, we examine why peer-to-peer (P2P) lending platforms play only a minor role in finance industry Israel, compared to traditional banking system. We conducted two studies and attempted discover if discrepancy exists between lenders' preferences platforms’ incentives. first conjoint analysis impact of decisions invest through P2P platforms. The second study examines factors wh...

S part of the comprehensive revision of the national income and product accounts (NIPAs) scheduled for release on December 10, 2003, a definitional change will be introduced that recognizes the implicit services of commercial banks to borrowers. This change is briefly described in the June 2003 issue of the SURVEY OF CURRENT BUSINESS, and some associated table changes are described in the Augus...

since 1984 iranian banks has been operating under islamic principles. this paper investigates dynamics of loans and the difficulties that iranian banking system was facing. during the period of islamic banking in iran, banks experienced a significant increase in the supply of loans. many factors have affected the behavior of banks in lending operations, the most important of which include rate ...