A Reversed Early Warning Methodology for Optimal Bank Profit Retention Recommendations
ABSTRACT This study introduces a calibration method for the newest policy instrument in prudential supervision by endogenising profit retention targets via a reversed early warning system, depending on the supervisors' risk tolerance, the exposure to the economy, and the level of financial pressure.
Petr Jakubik, Bogdan Gabriel Moinescu
wiley +1 more source
Political Environment, Banking Liquidity, and Banking Crises: A Mediation Analysis From Panel Data
ABSTRACT The objective of this paper is twofold. (i) First, we examine whether the political environment affect bank liquidity. (ii) Then, we investigate whether the political environment's impact on banking crises is mediated through bank liquidity.
Joseph Attila
wiley +1 more source
Sovereign Credit Ratings: A Friend or Foe to Financial Development of African Countries?
ABSTRACT This study examined the impact of sovereign credit rating on financial development. Using a sample of 21 African countries from 1995 to 2019, the empirical result indicates a significant and positive link between sovereign credit rating and financial development that is, higher credit ratings are associated with lower borrowing costs ...
Sodiq Arogundade+2 more
wiley +1 more source
On Optimal Currency Areas: Common Shocks Versus Common Persistence of Shocks
ABSTRACT The Optimal Currency Area (OCA) literature has been focusing on the co‐movement of business cycle shocks as a key policy criterion. We document in a simple Barro–Gordon framework that, in addition to a high correlation of shocks, a common persistence of shocks is a relevant OCA criterion.
Louisa Grimm+2 more
wiley +1 more source
Foreign direct investment (FDI) inflows into ASEAN by host country, 1995-2001 [PDF]
ASEAN Foreign direct investment (FDI) Database
core
Foreign Direct Investment and the Prospects for Tax Co-Ordination in Europe [PDF]
Agnès Bénassy‐Quéré+2 more
openalex
An Ensemble Model Minimising Misjudgment Cost: Empirical Evidence From Chinese Listed Companies
ABSTRACT Predicting corporate financial distress is critical for bank lending and corporate bond investment decisions. Incorrect identification of default status can mislead lenders and investors, leading to substantial losses. This paper proposes an ensemble model that minimises the overall cost of misjudgment by considering the imbalanced ratio ...
Kunpeng Yuan+2 more
wiley +1 more source
Is Fintech Good for Bank Performance? The Case of Mobile Money in the East African Community
ABSTRACT Mobile money, a technology‐driven innovation in financial services, has profoundly penetrated the financial landscape in Sub‐Saharan Africa, including banks. Yet, besides anecdotal evidence, little is known about whether mobile money adoption enhances or worsens bank performance.
Serge Stéphane Ky+2 more
wiley +1 more source
Determinants of Dividend Payout Policy: More Evidence From Emerging Markets of G20 Bloc
ABSTRACT The purpose of this article is to examine the key factors influencing dividend payout policy in emerging markets, using a quantitative approach with a sample of 938 firms and 19,698 firm‐year observations. The study considers dividends, and share repurchases as elements of payout, analysing the effect of earnings, taxes, debt, size and free ...
Wagner Dantas de Souza Junior+2 more
wiley +1 more source