Friend or foe: The divergent effects of FinTech on financial stability
Sign Up to like & getrecommendations! Published in 2020 at "Emerging Markets Review"
DOI: 10.1016/j.ememar.2020.100727
Abstract: Abstract Whether FinTech causes the fragility of financial institutions is a controversial issue. Using a panel sample of listed banks from 84 countries, we exploit the introduction of FinTech regulatory sandboxes as an exogenous shock… read more here.
Keywords: effects fintech; divergent effects; fragility financial; financial institutions ... See more keywords
Risk spillovers between FinTech and traditional financial institutions: Evidence from the U.S.
Sign Up to like & getrecommendations! Published in 2020 at "International Review of Financial Analysis"
DOI: 10.1016/j.irfa.2020.101544
Abstract: Abstract In this paper, we propose a novel approach to examine the risk spillovers between FinTech firms and traditional financial institutions, during a time of fast technological advances. Based on the stock returns of U.S.… read more here.
Keywords: risk; fintech traditional; spillovers fintech; risk spillovers ... See more keywords
Government financial institutions and capital allocation efficiency in Japan
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Banking and Finance"
DOI: 10.1016/j.jbankfin.2020.105854
Abstract: Abstract This paper uses the industry-level panel data from 1975–2005 and estimates Wurgler's η, the elasticity of industry investment to value-added, for each of Japan's 47 prefectures. We find that Wurgler's η varies considerably across… read more here.
Keywords: government financial; capital; financial institutions; government ... See more keywords
Resilience of United Kingdom financial institutions to major uncertainty: A network analysis related to the Credit Default Swaps market
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Business Research"
DOI: 10.1016/j.jbusres.2019.04.003
Abstract: Abstract The banking sector plays an important role in the UK economy as a whole, and investors are increasingly concerned about the ability of UK-based banks to withstand the consequences of major uncertainty such as… read more here.
Keywords: financial institutions; credit default; major uncertainty; related credit ... See more keywords
The pricing of green bonds: Are financial institutions special?
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Financial Stability"
DOI: 10.1016/j.jfs.2021.100873
Abstract: Abstract The financial system plays a major role in the transition to a low-carbon economy. We investigate this issue analyzing the recent developments and challenges in the bond and debt markets. First, we study the… read more here.
Keywords: pricing green; institutions special; financial institutions; green bonds ... See more keywords
Diversification and target leverage of financial institutions
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Multinational Financial Management"
DOI: 10.1016/j.mulfin.2018.06.001
Abstract: Abstract This study examines the relationship between financial institutions’ corporate strategy (i.e. asset side diversification) choices and capital structure decisions. Using a sample of 412 French financial institutions for the period 2002–2012, we first estimate… read more here.
Keywords: diversification target; financial institutions; diversification; target leverage ... See more keywords
Interconnectedness and systemic risk network of Chinese financial institutions: A LASSO-CoVaR approach
Sign Up to like & getrecommendations! Published in 2019 at "Physica A: Statistical Mechanics and its Applications"
DOI: 10.1016/j.physa.2019.122173
Abstract: Abstract The 2015–2016 China’s stock market crash raises awareness of risk contagion in financial system. How to investigate systemic risk from the perspective of network is still a challenging work especially for considering a large… read more here.
Keywords: systemic risk; risk network; financial institutions; lasso covar ... See more keywords
Identifying systemically important financial institutions in Turkey
Sign Up to like & getrecommendations! Published in 2021 at "Research in International Business and Finance"
DOI: 10.1016/j.ribaf.2020.101374
Abstract: Abstract This paper examines the systemic risk of financial firms in Turkey. Using Component Expected Shortfall, we provide estimates of systemic risk in Turkey using daily data from 2005 to 2018 and a comprehensive data… read more here.
Keywords: systemically important; risk; systemic risk; financial institutions ... See more keywords
Resilience and Dynamism of Embedded Financial Transactions in Cameroon
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Economic Issues"
DOI: 10.1080/00213624.2017.1287508
Abstract: Abstract: Following the recent financial crisis, institutional economists have issued a “call” for institutionalist research on alternative financial systems. While suggestions have been forthcoming, (for example, in Volume 48, Issue 4 of the Journal of… read more here.
Keywords: resilience dynamism; informal financial; financial institutions; cameroon ... See more keywords
Data Governance Model To Enhance Data Quality In Financial Institutions
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DOI: 10.1080/10580530.2022.2042628
Abstract: ABSTRACT The author concentrates on data governance in research and practice. The author has developed a strong knowledge of data governance through numerous case studies of electricity, retail, telecom, banks, or insurance companies. With more… read more here.
Keywords: governance; financial institutions; data governance; data quality ... See more keywords
The political economy of post-crisis international standards for resolving financial institutions
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DOI: 10.1080/13563467.2017.1270927
Abstract: ABSTRACT The development of post-crisis international standards for resolving financial institutions highlights an intriguing puzzle: the European Union (EU), which is often considered as a ‘great financial power’, had a marginal influence in the standard-setting… read more here.
Keywords: international standards; post crisis; crisis international; financial institutions ... See more keywords