Results 71 to 80 of about 202,069,537 (298)

PAYMENT SYSTEMS AND THE ROLE OF THE CENTRAL BANK OF ROMANIA [PDF]

open access: yesAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2014
The management of payment and settlement systems is one of the traditional functions of central banks that seeks to ensure financial stability.
MARIA VASILESCU
doaj  

When ESG Failure Triggers Control Rights: Sustainability‐Linked Convertibles and Incomplete Contracting

open access: yesSustainable Development, EarlyView.
ABSTRACT The majority of existing sustainability‐linked bonds and loans utilize a pricing‐based approach in order to link the terms of the financing to an issuer's environmental, social and governance (ESG) performance. However, from a governance perspective, such an approach suffers from a critical weakness.
Hyoung‐Goo Kang   +2 more
wiley   +1 more source

Imperfect Interbank Markets and the Lender of Last Resort [PDF]

open access: yes
This paper presents a monetary model in which interbank markets bear limited commitment to contracts. Limited commitment reduces the proportion of assets that can be used as collateral, and thus banks with high liquidity demands face borrowing ...
Tarishi Matsuoka
core  

The Mitigating Role of Managerial Ability in ESG Decoupling

open access: yesSustainable Development, EarlyView.
ABSTRACT Does managerial competence widen or bridge the gap between environmental, social, and governance (ESG) disclosures and actual performance? This paper explores the relationship between CEO ability and corporate decoupling regarding sustainability issues.
Isabel‐María García‐Sánchez   +3 more
wiley   +1 more source

Lessons of the past and prospects for the future in lender of last resort theory [PDF]

open access: yes
A history of the changes in the theory of the role of the lender of last resort--as a source of solvency versus liquidity support--and a discussion of the distinction between necessity and convenience (the American and European versions of lender of last
Walker F. Todd
core  

Beyond Resilience: Measuring the Livelihood Vulnerability of Commercial Livestock Farmers to Drought in South Africa

open access: yesSustainable Development, EarlyView.
ABSTRACT Climate change continues to increase the frequency and intensity of events, threatening agricultural production, farmers' livelihoods and the achievement of SDGs 1 and 2 (No Poverty and Zero Hunger). This study examined the effect of agricultural drought on the livelihood vulnerability of commercial livestock farmers in the Northern Cape ...
Hanipher Mili   +4 more
wiley   +1 more source

Banking Crises and the Lender of Last Resort: How crucial is the role of information? [PDF]

open access: yes
This article develops a model of bank runs and crises and analyses how the presence of a lender of last resort (LOLR) affects the solvency of the banking system.
Hassan Naqvi
core  

The Changing Geography of Debt and IMF's Involvement: From Global to European South

open access: yesWorld Review of Political Economy, 2016
The risk reassessment process having taken place after the outburst of the crisis of 2008 highlights the role of the International Monetary Fund (IMF) as a last resort lender.
Theofanis Papageorgiou   +2 more
doaj   +1 more source

Collateralization of the Body in the Central Sahara: On Forms and Effects

open access: yesEconomic Anthropology, EarlyView.
ABSTRACT This article tracks a transporter along the route linking Tripoli to the Saharan town of Ghadames in post‐2011 Libya, asking what secures an obligation when the institutions that normally underwrite it (offices, courts, recognized names) have receded. I distinguish the debt, the sum owed, from the security pledged to answer for it: what may be
Moad Musbahi
wiley   +1 more source

Liquidity, Risk Taking, and the Lender of Last Resort [PDF]

open access: yes
This paper studies the strategic interaction between a bank whose deposits are randomly withdrawn and a lender of last resort (LLR) that bases its decision on supervisory information on the quality of the bank’s assets.
Repullo, Rafael
core  

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