The determinants of Bank capital Structure pdf

... percentage of the book value of banks for 2,408 bank- year observations in our sample of the 200 largest publicly traded banks in the U.S. and the EU from the Bankscope database from 1991 to 2004. 5 The ... Accordingly, the standard deviation of the size of US banks is roughly half of the standard deviation of the size of EU banks. Table VII:

Ngày tải lên: 11/08/2014, 01:20

... Accordingly, the standard deviation of the size of US banks is roughly half of the standard deviation of the size of EU banks. 32 31 31 32 44 ECB Working Paper Series No 1096 Septembre 2009 capital structure, ... view of banks’ capital structure does not apply, we can exploit the difference in the sign of the estimated coefficients to differentiate betwe...

Ngày tải lên: 15/03/2014, 10:20

... to the banking sector The previous subsection analyzes how the banking sector, through the dynamics of bank capital, affects the transmission of shocks. In recent years, however, episodes of increased volatility ... that emphasizes the role of bank capital in the transmission of shocks. Bank capital is important in the model because its presence mitigates m...

Ngày tải lên: 15/03/2014, 10:20

... development. There are concerns mainly in the developing economies about the structure and the level and of interest rates (which remain high) and their implications for the efficiency of the banking ... on bank NIM, we implement the natural log of assets (SIZE) to detect the effect of bank size on interest rate margins. The impact of growth of deposits (...

Ngày tải lên: 22/03/2014, 17:20

... empirically evaluate the main determinants of the bank interest spread. The first step makes use of a panel of banks to relate the bank- level interest spread to a vector of bank observable characteristics ... development and openness of the economy, in the banking system ownership, and in the degree of development of the financial system. Of interest a...

Ngày tải lên: 22/03/2014, 23:20

... reflects more clearly the impact of the economy the capital structure of the business. Although the value of the book or market value of the overall capital structure of Vietnam enterprises ... ensure the lower cost of capital and thus maximize the wealth of shareholders. Capital structure is one of the effective tools of management to man...

Ngày tải lên: 09/09/2013, 23:46

... should ensure the strategic guidance of the firm, the effective monitoring of management by the board, and the board’s accountability to the firm and the shareholders. Since one of the board’s ... as long as the bank is insured by the Federal Deposit Insurance Corporation (FDIC). The key to the success of banking, however, still lies in the confidence that...

Ngày tải lên: 09/09/2013, 23:50

... power. 12 And for the most part, the initiators of totalitarian rule pursued their aims in the name of some grand moral imperative – the Aryan domination of the sub-human races of the world or the Wnal establishment ... see in the case of Mandela). On the other hand, the separation between personal and institutional moral capital can work the other way. There...

Ngày tải lên: 21/09/2012, 11:00

... growth in activity, level of activity N: national growth of activity • Share: a matter of timing • Mix: Historic industrial structure • Competitive: “our” companies versus “theirs” [innovation –vs- ... or savings (S) and profits earned in the state (π). • Other variables are determined by forces largely outside of the region and serve to bring money into the state, generatin...

Ngày tải lên: 09/12/2013, 20:15

... the results on the asymmetric effects in Section 7 are robust in terms of a greater number of degrees of freedom. The exclusion of the interbank rate from the model can be adopted because of ... the high velocity of adjustment of the interbank rate to the policy rate in the 1990s. However, a formal test of exclusion of this variable from the model can...

Ngày tải lên: 17/02/2014, 03:20