I examine financial linkages in East Asia before the 1997-98 crisis by testing long-run and causal relationships between Japan’s saving and eight other Asian economies’ domestic investment. The results suggest that there is a long-run (cointegrating) relationship between Japan’s saving and the domestic investments of four of the five crisis economies and Taiwan. There is also evidence that Japa...

Longitudinal data collected between 2005 and 2009, i.e., before and during the outset of the Global Financial Crisis, is analyzed to investigate the interplay of trajectories of perceived demands in the domains of work and family. Quadratic latent growth curve models were used to mimic the increase of demands in N = 1,296 young adults from Germany as structural uncertainty increased in the seco...

The structure of data collection should always follow the users’ requirements. The way in which respective countries are affected by the financial crisis determines the users’ requirements and ultimately the data needs. The financial crisis, which turned into a global recession, has provided a good opportunity to carry out a stocktaking exercise in the area of data availability. In the case of ...

We examine evidence for a systematic underperformance of Germany’s stateowned banks in the current financial crisis and study if the bank losses can be traced to the quality of bank governance. For this purpose, we examine the biographical background of 592 supervisory board members in the 29 largest banks and find a pronounced difference in the finance and management experience of board repres...

In addition to their direct effects, episodes of financial instability may decrease investor confidence. Measuring the impact of a crisis on investor confidence is complicated by the fact that it is difficult to disentangle the effect of investor confidence from coincident direct effects of the crisis. In order to isolate the effects of financial crises on investor confidence, we study the inve...

Economists seeking explanations for the global financial crisis of 1997–99 are reaching consensus that a major factor was weak financial institutions, which resulted in part from inadequate government regulations. At the same time many developing countries are struggling with an overregulated financial system—one that stifles innovation and the flow of credit to new entrepreneurs and that can s...

Available online 24 January 2014 This study complements the governance literature by investigating how Taiwan listed firms adjusted their governance structure to cope with the 2008 financial crisis. The results from the principal component analysis (PCA) suggest that there are significant differences in the factor scores, such as Board Power (of the Largest Shareholders), Information Transparen...