... from Russia and Ukraine reporting agencies Russia and Ukraine present interesting case studies of banking sector and the issue of corporate governance in particular Most of the banks in these countries ... surveys of 50 banks in Ukraine surveyed in 2004, and 107 banks in Russia (50 surveyed in 2003 and 81 in 2006) The surveys were conducted by the local offices of the International Finance Corporation ... number of shareholders is 50 in Russia and 47 in Ukraine, the average Herfindahl index is 0.32 in Russia and 0.28 in Ukraine The survey included information on ownership categories: 75-100, 50-74.0,...
Ngày tải lên: 02/01/2015, 17:33
love and rachinsky - 2007 - corporate governance, ownership and bank performance in emerging markets - evidence from russia and ukraine [rcgi]
... from Russia and Ukraine reporting agencies Russia and Ukraine present interesting case studies of banking sector and the issue of corporate governance in particular Most of the banks in these countries ... surveys of 50 banks in Ukraine surveyed in 2004, and 107 banks in Russia (50 surveyed in 2003 and 81 in 2006) The surveys were conducted by the local offices of the International Finance Corporation ... number of shareholders is 50 in Russia and 47 in Ukraine, the average Herfindahl index is 0.32 in Russia and 0.28 in Ukraine The survey included information on ownership categories: 75-100, 50-74.0,...
Ngày tải lên: 06/01/2015, 19:47
... themselves (Lumpkin and Dess, 1996), and who engage in market exchange by taking the risk of buying at a certain price to sell again at an uncertain price (Hébert and Link, 1989) In the nineteenth century, ... in- depth interviews of board and top management team members in six selected privatised firms The study findings indicate that a reliance on any single theoretical lens is ineffective in explaining ... finished her BA studies in Business Administration in 2000 at the University of Danang, Vietnam She was awarded an MBA in International Business at Asian Institute of Technology (Thailand) and...
Ngày tải lên: 20/05/2016, 15:57
Two essays on transparency in corporate finance Mergers and repurchases
... hybrid of debt-financed cash payment and a stock payment (Finnerty and Yan (2006)) 28 Andrade et al (2002) find that, by using sample between 1973 and 1998 and event window beginning 20 days before ... is pooling of interests method26 INDUSTRY DUMMY * LT DUMMY T is the interaction term between the industry dummy and the LT target dummy, since when the target and acquirer are in the same industry, ... dummy, and combination payment dummy which include some cash and some stock payments, and interaction term between the stock dummy and relative size and between the combination dummy and relative...
Ngày tải lên: 03/06/2014, 02:22
Foreign Ownership and Liquidity Risk of Commercial Banks in Vietnam
... tế (2016), 805 [5] Lee, S.W., Ownership structure, regulation, and bank risk-taking: Evidence from Korean banking industry”, Investment Management and Financial Innovations (2008) 70 [6] Saunders, ... quan < Durbin-Watson < Tài liệu tham khảo [1] BIS, “International framework for liquidity risk measurement, standards and monitoring”, 2009 [2] Duttweiler, R, Managing Liquidity in Banks, John ... N.G., Ownership structure, deregulation, and bank risk taking”, The Journal of Finance 45 (1990), 643 [7] Laeven, L., “Risk and efficiency in East Asian banks , World Bank Policy Research Working...
Ngày tải lên: 11/12/2017, 15:23
Tài liệu Bond markets and banks in emerging economies docx
... impediment in Thailand as well Legal impediments are being explicitly addressed currently in Brazil and Indonesia, and in India a bill facilitating securitisation will shortly be introduced into parliament ... Banks as purchasers of bonds In some economies, banks are major holders of corporate bonds For example, in Indonesia banks hold the majority of corporate bonds, and this used to be the case in ... Indonesia, Mexico, Poland, Russia and Thailand) banks and other financial institutions account for most domestic bond issuance Subordinated bond issuance has the advantage for banks of being recognised...
Ngày tải lên: 15/02/2014, 13:20
Tài liệu World Bank, Inter-American Development Bank, and Subregional Development Banks in Latin America: Dynamics of a System of Multilateral Development Banks ppt
... Multisector and Other; banking and financial services, and business and other services are Financing and Business; and government and civil society - general and conflict, peace, and security ... approved in direct loans and investments, and US$342.00 million in cofinancing operations, AR2008 shows US$300.50 million approved in direct loans and investments, and US$300.60 million in cofinancing ... closeness to international capital markets Other SRDBs are introducing innovations in microfinance and SME financing with instruments such as loans to financial intermediaries, financial support...
Ngày tải lên: 16/02/2014, 06:20
Tài liệu The Significance of German Savings Banks in regional Structural and Cohesion Policy: Can they avoid regional downward Spirals? pdf
... been invested in poorer regions in the past, for instance by subsidising inward investment Lasting weak rates of growth, persisting high unemployment rates, a shrinking population, and windfall ... character by inspecting the correlation between the economic success of regions and savings banks How German savings banks act in regions is the question in chapter 5, in which four savings banks and ... situation The savings banks examined show a clear readiness to finance start-up companies and to invest in work-intensive collection of information The reason behind this is, according to bank employees,...
Ngày tải lên: 16/02/2014, 10:20
Tài liệu How the poor (and not-so-poor) saved : savings banks in mid- Nineteenth Century Ireland and America pdf
... Poor Inquiry (Ireland): Appendix E Containing baronial Examinations Relating to Food…Savings Banks, Drinking, vol 32, BPP (1837/8), Number of Savings Banks in England, Scotland, and Ireland, ... suggest that in both England and Ireland money which would otherwise have been deposited in joint-stock or country banks was diverted into the savings banks. 42 Scotland’s savings banks came closest ... sharp drop in net deposits in 1826 and 1827, a reflection of the crisis conditions obtaining in those years The continuing outflows in 1828 and 1829 were probably due to the decline in the interest...
Ngày tải lên: 16/02/2014, 10:20
Tài liệu Identifying “Problem Banks” in the German Co-operative and Savings Bank Sector: An Econometric Analysis docx
... banking difficulties in Italy in the 1990s and Logan (2000) provides an overview on leading indicators for the U.K small banks crisis in the early 1990s Problem institutions in South East Asia in ... neglect the finding by Korobow and Stuhr (1985) that substantial differences in the sampling size of the groups of problem banks and sound institutions could give rise to misleading inferences ... than financial institutions in the Neue Länder Finally, we observe that savings banks are more resilient to financial difficulties than co-operative banks In summary, the proposed leading indicators...
Ngày tải lên: 16/02/2014, 10:20
Tài liệu Identifying “Problem Banks” in the German Co-operative and Savings Bank Sector: An Econometric Analysis pptx
... banking difficulties in Italy in the 1990s and Logan (2000) provides an overview on leading indicators for the U.K small banks crisis in the early 1990s Problem institutions in South East Asia in ... neglect the finding by Korobow and Stuhr (1985) that substantial differences in the sampling size of the groups of problem banks and sound institutions could give rise to misleading inferences ... than financial institutions in the Neue Länder Finally, we observe that savings banks are more resilient to financial difficulties than co-operative banks In summary, the proposed leading indicators...
Ngày tải lên: 16/02/2014, 10:20
Media Ownership and Democracy in the Digital Information Age pptx
... INTEREST PRINCIPLES SHORT Chairman Powell’s decision to define his job as promoting economic efficiency and profits in the entertainment industry and reducing the public interest to variety in ... regarding public matters by furnishing the basis for an understanding of them Truth and understanding are not wares like peanuts and potatoes And so, the incidence of restraints upon the promotion of ... entertainment and information and between variety and diversity He has expressed skepticism that there is a viewpoint expressed in most television programming, and accordingly, skepticism as to whether ownership...
Ngày tải lên: 05/03/2014, 22:20
The work of savings banks in microcredit in Europe (10 May 2011) Joint conference of the European Savings Banks Group (ESBG) and the European Microfinance Network (EMN) held in Brussels, Belgium pot
... important that savings banks continue to be involved in future EU microfinance programmes, taking part in the design of new capacity building instruments that may complement financial instruments Microcredit, ... closing speech, stating that microfinance is a savings bank tradition and an important means to stimulate social inclusion and job creation Savings banks tailor their products in order to finance ... Rowe introduced good.bee Holding, a joint venture of the Erste Group and Erste Foundation and one of the main financial investors in Central and Eastern Europe Their vision is that all individuals...
Ngày tải lên: 06/03/2014, 10:20
POLICY REGIME CHANGE AND CORPORATE CREDIT IN BULGARIA: ASYMMETRIC SUPPLY AND DEMAND RESPONSES pdf
... variable is intended to capture the incidence of “soft lending” and/ or distorted incentives in lending: whether and how a history of financial indiscipline by the firms in their past borrowing affects ... distinguishing between profitable and unprofitable projects or, in more general terms, when they face ex-ante inefficiency in financing but have ex-post benefits of refinancing (Berglof and Roland ... the viewpoint of lenders and borrowers The suggested credit supply and demand equations are based on findings in the recent theoretical literature on corporate finance in imperfect financial markets...
Ngày tải lên: 15/03/2014, 07:20
Bringing the Hidden Giants to the Footlight: the Role of Savings and Retail Banks in Increasing the Level of Access to Financial Services docx
... between savings banks and MFIs There are two fields where a closer link between savings banks and MFIs would be directly and mutually beneficial: linking savings to microcredits and linking remittances ... program in wholesale lending to microfinance institutions for lending to their micro borrowers Savings banks could refinance well-functioning microfinance institutions individually or indirectly ... countries and in Latin America and Asia, the figures also remain well below the average requirement of the banking system The microcredit schemes of savings banks Although savings banks are savings...
Ngày tải lên: 15/03/2014, 10:20
BANK EFFICIENCY, OWNERSHIP AND MARKET STRUCTURE WHY ARE INTEREST SPREADS SO HIGH IN UGANDA? potx
... other banking institutions and non- banking institutions in and outside Uganda, securities, financing schemes, loans, overdrafts, discounts, administered advances and investments Total earnings assets ... represent 1 Introduction Like in many developing countries, interest rate spreads and margins have been high in Uganda over the past ten years In 2004, net interest margins, banks net interest ... in spreads and margins comes from time-invariant bank characteristics This strong finding is independent of including the yearly and quarterly dummy variables and is consistent with the finding...
Ngày tải lên: 22/03/2014, 23:20
ADVANCES IN CORPORATE FINANCE AND ASSET PRICING pot
... International Economics & Finance (BA and MSc) and International Business (MSc) His research interests are corporate finance, venture capital financing and initial public offerings and mergers & acquisitions ... banks success and gained reputation in fighting inflation, inflationary pressures first show up in asset-price Introduction: Corporate Restructuring and Governance, Valuation and Asset Pricing ... markets groups of the Chemical Bank in New York and he has been a consultant in the corporate finance practice of McKinsey & Co in New York His research interests include the structuring, pricing and...
Ngày tải lên: 22/03/2014, 23:20
INVESTIGATING DIVERSITY IN THE BANKING SECTOR IN EUROPE: THE PERFORMANCE AND ROLE OF SAVINGS BANKS pdf
... Directive INVESTIGATING DIVERSITY IN THE BANKING SECTOR IN EUROPE | 11 savings banks are public and not all public banks are savings banks For instance, Spanish savings banks are purely private institutions ... public banks aspire to work against exclusion, and savings banks are among the most ‘inclusive’ financial institutions in a large number of countries.38 Interestingly, in those countries in Europe ... Office, and in 2007, following the inquiry of the Spanish Competition Commission, fined several savings banks for market-sharing agreements 44 INVESTIGATING DIVERSITY IN THE BANKING SECTOR IN EUROPE...
Ngày tải lên: 29/03/2014, 07:20
Car Ownership and Mode of Transport to Work in Ireland* potx
... and fishing Manufacturing Construction Commerce Transport, storage and communications Public administration and defence Education, health and social work Other industries Living and working in ... KAVANAGH and A MCELWAIN, 2005 “Origins, Destinations and Catchments: Mapping Travel to Work in Ireland in 2002” Paper presented to the Statistical and Social Inquiry Society of Ireland, October ... Dublin: The Economic and Social Research Institute MORGENROTH, E., 2002 “Commuting in Ireland: An Analysis of Inter-County Commuting Flows”, ESRI Working Paper No 144, Dublin: The Economic and...
Ngày tải lên: 30/03/2014, 09:20
TRANSFER PRICING AND VALUATION IN CORPORATE TAXATION: Federal Legislation vs Administrative Practice pptx
... routine functions, as determined in Step Adjusted operating profits, in turn, are computed by eliminating deductions for investments in intangible assets from combined reported operating profits, and ... operating results in the same reporting period By requiring individual members of a multinational group to report gross margins, markups or accounting rates of return that are contained in the interquartile ... cost-sharing regulations’ income method is markedly inconsistent with the arm’s length standard In short, the income method incorporated into the 2005 proposed cost-sharing regulations, and embroidered...
Ngày tải lên: 30/03/2014, 11:20