structure evidence from timing of bank liberalization

... determinants of capital structure Determinants of Capital Structure Stata software version 11 is used as an data analysis tool to implement this research 1.4 The structure of the research The structure of ... choice of capital structure of eleven groups of industries And the last answer should be find out is the difference of capital structure of firms with different size Keywords: Capital structure, ... a ratio of book value of debt to book value of equity, others as book value of debt to market value of equity, still others as debt to market 15 Determinants of Capital Structure value of equity...

Ngày tải lên: 10/01/2018, 10:01

... distinguish between the effects of size and position In addition, only the offspring of females at the base of the stacks were examined, so that the male contribution to the broods of other females in the ... markers was obtained from the Network of Excellence ‘Marine Genomics Europe’ (contract n°505403) F.V acknowledges support from the CNRS (ATIP program) L.D benefited from a PhD grant from the Region ... influencing change of sex in molluscs of the genus Crepidula Journal of Experimental Zoology, 77, 401– 424 Coffroth M, Lasker HR (1998) Larval paternity and male reproductive success of a broadcast-spawning...

Ngày tải lên: 22/03/2014, 12:20

... the banks’ risk-return-characteristics – evidence from loan portfolios of German banks A Behr, A Kamp C Memmel, A Pfingsten 05 2007 06 2007 How banks adjust their capital ratios? Evidence from ... of revenue for most of the banks The aim of this paper is to assess the impact of dierent interest rate scenarios on the banks' interest income As we not know the interest rate sensitivity of ... Worst one for a Bank? Evidence from a Tracking Bank Approach for German Savings and Cooperative Banks 1 Introduction por most ˜—nksD interest in™ome is ˜y f—r the most import—nt sour™e of revenueF...

Ngày tải lên: 22/03/2014, 23:20

... http://www.josr-online.com/content/6/1/18 Page of Table Frequency of wrong site surgery incidents Category of wrong site surgery Nearmisses, n (% of total) Near-misses prevented by the checklist, n (% of individual category of wrong ... causing harm Central to the success of such initiatives has been an increased appreciation of the role of human factors, the value of teamwork and the principles of reliable system design Specifically ... number of ‘near-misses’ exceeds the cases of actual harm by a magnitude of ten, so even though only 15% of near miss incidents could have been prevented by using the checklist versus 83% of actual...

Ngày tải lên: 20/06/2014, 04:20

... http://www.josr-online.com/content/6/1/18 Page of Table Frequency of wrong site surgery incidents Category of wrong site surgery Nearmisses, n (% of total) Near-misses prevented by the checklist, n (% of individual category of wrong ... causing harm Central to the success of such initiatives has been an increased appreciation of the role of human factors, the value of teamwork and the principles of reliable system design Specifically ... number of ‘near-misses’ exceeds the cases of actual harm by a magnitude of ten, so even though only 15% of near miss incidents could have been prevented by using the checklist versus 83% of actual...

Ngày tải lên: 20/06/2014, 07:20

Ngày tải lên: 06/10/2014, 14:20

... require the inclusion in the analysis of the level of real wages as of wage arrears 16 Enterprise Adjustment and the Role of Bank Credit in Russia: Evidence from a 420 Firm's Qualitative Survey ... phenomena are generated in a model of soft budget constraint in Berglof and Roland (1994) 22 Enterprise Adjustment and the Role of Bank Credit in Russia: Evidence from a 420 Firm's Qualitative Survey ... less directly, on Kornai’s notion of a shift of regime, from soft to hard budget constraints The soft budget constraint is best identified with the classical regime of soviet-type, centralized planification;...

Ngày tải lên: 06/03/2014, 08:20

... no academic studies of the profit efficiency effects of mergers and very little research on the market power effects of bank mergers Studies of the effects of mergers on profitability ratios or ... The Profit Efficiency Effects of Megamer~ers The Level of Profit Efficiency We begin discussing the results with some information on the levels of profit efficiency of merging and nonmerging banks ... there have been no academic studies of profit efficiency effects and very few studies of the market power effects of bank mergers Prior studies of bank profitability ratios, such as return on...

Ngày tải lên: 06/03/2014, 08:21

... removal of state guarantees Branches of direct competitors (commercial banks and cooperative banks) to savings banks branches per group of savings banks Number of mergers within a group of savings banks ... removal of state guarantees) Dummy variable for removal of government guarantees (after removal of state guarantees) Aggregated total assets of groups of savings banks Downgrade of federal state bank ... parts of almost equal size and measures whether bank behavior changed after the removal of public guarantees in 2001 As we can link borrowers to groups of savings banks, we use a number of bank...

Ngày tải lên: 15/03/2014, 10:20

... reactions from the other banks which may affect their own supply of deposits On the other hand, banks in highly competitive markets will be less concerned about the perceived behavior of other banks, ... rigidity of prices Evidence from the banking industry,' American Economic Review, September 1991, 81: 938-945 JOHANSEN, S., 'Statistical analysis of cointegrating vectors,' Journal of Economic ... rigidity in lending rate decreases as banks would expect higher costs from the breakdown of collusive arrangements if lending rates were lowered Alternatively, evidence of rigidity in lending rate increases...

Ngày tải lên: 22/03/2014, 17:20

... favour of the Lebanese Pound has brought the level of dollarization of (resident private sector) loans from 87.01% at the beginning of 2001 to 77.28% at the end of 2010, and the dollarization of ... sample The source of all bank data is BilanBanques The data on discount rates, interbank rates, and the dollarization of loans and deposits were taken from the central bank of Lebanon database ... maximum of 14.83% in 2009, with an overall average of 11.77% The liquidity of these banks recorded a minimum of 62.43% in 2001, and a maximum of 71.36% in 2008, with an overall average of 66.58%...

Ngày tải lên: 22/03/2014, 17:20

... information content of central bank interest rate projections: Evidence from New Zealand Gunda-Alexandra Detmers and Dieter Nautz ∗ Freie Universită t Berlin a June 3, 2011 The Reserve Bank of New Zealand ... taken from the Monetary Policy Statements of the RBNZ from June 1997 through December 2010 bend at the end of a projected path from our empirical analysis In fact, due to the availability of futures ... and analyze the effects of the RBNZ’s liquidity management on the 90-day bank bill rate Further examples are the Sveriges Riksbank, the Cesk´ N´ rodn´ Banka, and the Sedlabanki Islands ˇ a a ı...

Ngày tải lên: 22/03/2014, 23:20

... Market Timing Theory Most of these theories are based on the company's internal structure and the impact of internal factors of the company and they are based on assumption of stability of economic ... all of these theories about the determination of capital structure focus on answering questions such as; which combination of capital structure have tax savings for the company? What capital structure ... A 2002 "Theory of Capital Structure" , Journal of Finance No 46, PP 297-355 Drobetz, A and Baker, M and Wurgler, J 2007 "How Persistent is the Impact of Market Timing on Capital Structures15, No...

Ngày tải lên: 24/04/2014, 15:42

... Management Ownership Structure, Audit Quality and Impairment of Assets - Evidence from China Certificate of Originality Abstract Acknowledgements Table of Contents i List of Figure vi List of Tables vi ... People's Bank of China to approve applications for rights offerings for companies with stable profits records Because of the excessive demand for securities from the public, rights offerings ... ministries In March 2007, The People's Bank of China appointed Jiang Chaoliang, chairman of Hong Kong-listed Bank of Communications and director of the China Banking Association, to the monetary...

Ngày tải lên: 01/06/2014, 14:02

... objective of this research report is: - To examine the nature of relationship between capital structure and firm performance of listed companies in Vietnam - To evaluate different impacts of capital structure ... Financing of corporations Handbook of the economics of finance,39 , 575-592 Myers, S (1984) The capital structure puzzle The journal of finance , 147-175 Olson, M (1982) The Rise and Decline of Nations: ... determination of financial structure: The incentive- signalling approach The Bell Journal of Economics , 23-41 Schwartz, E., & Aronson, J (1967) Some Surrogate Evidence in Support of the Concept of Optimal...

Ngày tải lên: 06/04/2017, 16:13

... Tectonic setting and structural characteristics Analysis of thin section of gneiss samples taken from the Con Voi range evidenced the existence of two parageneses which developed during the deformation ... hence the minimum age of metamorphism, while Ar/Ar data of micas or amphiboles reflected only cooling ages of the metamorphism The technique Th/Pb ion microprobe dating of monazite inclusions ... was the southernmost segment of the Ailao Shan-Red River shear Petrological features of gneiss kinematics of ductile deformation and Nguyen Van Vuong / VNU Journal of Science, Earth Sciences 23...

Ngày tải lên: 13/02/2014, 12:20

... American Union Bank (0.835)* Bank of America Bank of Europe (0.808)* Bank of New York and Trust Company Bank of the Manhattan Company Bank of United States (0.791)* Bank of Yorktown Bankers Trust ... affected the public's assessment of the riskiness of banks Arthur J Rolnick Bank Rates and Risk Table Evidence of Public Concern About Bank Safety in 1926-30: A Bank Deposit Rate vs A Safe Rate ... and Loan Associations, Credit Unions and Land Bank Deposits of the State of New York •0 000 Deposits of the Superintendent of Banks of the State of New York Deposits due as executor, administrator,...

Ngày tải lên: 15/02/2014, 05:20

... sales and cost of bank capital Journal of Finance 43, 375-396 Petersen, M A., Rajan, R G., 1994 The benefits of lending relationships: evidence from small business data Journal of Finance 49(1), ... dates starting from 1974 Our bankruptcy dataset is from www.bankruptcydata.com Specifically, we identified the firms in the loan price dataset that went bankrupt and the dates they went bankrupt on ... time of increasing level of corporate defaults and bankruptcies Second, events, such as loan defaults, bond defaults, and bankruptcies are precisely the events where the monitoring advantage of banks...

Ngày tải lên: 16/02/2014, 02:20

... Fit comes from the amount of credit that firm i receives from exposed banks in 2006 The classification of banks and firms in 2006 reduces the likelihood that bank foreign dependence and firm -bank matching ... statistics of the two groups of commercial banks: Banks with above-mean exposure to foreign borrowing and banks with below-mean exposure to foreign borrowing as of December 2007 High foreign exposure banks ... extensive margin of exports, reported in Panel of Table 7, are not statistically different from zero.13 This confirms that firms borrowing from banks with high share of foreign liabilities as of December...

Ngày tải lên: 16/02/2014, 03:20

... Working Papers series of the Central Bank of Chile disseminates economic research conducted by Central Bank staff or third parties under the sponsorship of the Bank The purpose of the series is to ... necessarily reflect the position of the Central Bank of Chile or of the Board members Documentos de Trabajo del Banco Central de Chile Working Papers of the Central Bank of Chile Huérfanos 1175, primer ... mid-1970s Even banks from other cities within a state were often blocked from opening branches in other cities in the state Loosely speaking, the hometown bank was local, and banks from anywhere...

Ngày tải lên: 16/02/2014, 10:20