This paper proposes a balance sheet metamodel using Model Driven Architecture (MDA) methodology. In order to do that, we use the international financial reporting standard (IFRS) as a good starting point owing to its wider adoption across countries in preparing balance sheet. The balance sheet is summary of financial position of a financial entity such as credit institutions. The reason for app...

be geared to modern requirements. Unlike the present solvency regime, Solvency II is designed to reflect a prospective and risk-oriented economic view. It will be based on a total balance sheet approach and harmonised with accounting rules and regulations. Assets and liabilities will consistently be recognised at market values. In principle, IFRS provisions can be used as a basis for valuing th...

This paper contributes to the large field of research on investment behavior. In contrast to most studies, which are based on US data, we examine investment activities of European companies with panel data from the 1990s. We analyze four different drivers of investment output, liquidity, cost of capital and expectations and derive hypotheses for investment behavior in general and expected diffe...

We decompose the change in banks’ net interest margin into a change in market-wide bank rates and a change in the balance-sheet composition. Our empirical findings from a detailed data set on German banks’ balance-sheet positions, broken down into different maturities, creditors and borrowers and degrees of liquidity are as follows: (i) Changes in bank rates have a much greater impact on and ex...

With regulations on deposit rates and on-balance-sheet lending, Chinese banks have significantly increased off-balance-sheet activities in recent years, most notably by issuing wealth management products. We examine the relationship between the product characteristics and the issuing banks and find that (1) the scale of product issuance is greater for banks constrained more by on-balance-sheet ...