Ιδρυματικό Αποθετήριο
Πολυτεχνείο Κρήτης
Πολυτεχνείο Κρήτης
EN
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EL
| URI | http://purl.tuc.gr/dl/dias/92F2DF00-208B-4BA9-8B6E-83801EE6D421 | - |
| Αναγνωριστικό | https://doi.org/10.1007/s11156-006-0045-0 | - |
| Αναγνωριστικό | https://link.springer.com/article/10.1007/s11156-006-0045-0 | - |
| Γλώσσα | en | - |
| Μέγεθος | 36 pages | en |
| Τίτλος | The impact of bank regulations, supervision, market structure and bank characteristics on individual bank ratings: a cross-country analysis | en |
| Δημιουργός | Zopounidis Konstantinos | en |
| Δημιουργός | Ζοπουνιδης Κωνσταντινος | el |
| Δημιουργός | Pasiouras Fotios | en |
| Δημιουργός | Πασιουρας Φωτιος | el |
| Δημιουργός | Gaganis, Chrysovalantis | en |
| Εκδότης | Springer Verlag | en |
| Περίληψη | We use country level data and bank level data from 71 countries and 857 banks to investigate the impact of bank regulations, supervision, market structure, and bank characteristics on individual bank ratings. The results indicate that less cost efficient banks, with higher than average levels of provisions relatively to their income, and lower liquidity tend to have lower ratings. Larger and more profitable banks tend to obtain higher ratings. Higher equity to assets ratio results in higher ratings only when we do not control for bank supervision and regulations. Capital requirements, restrictions on bank activities, official disciplinary power, explicit deposit insurance scheme, higher deposit insurer power, liquidity and diversification guidelines, entry requirements, fraction of entries denied, and economic freedom have a significant impact on ratings in all of our specifications. Disclosure requirements and foreign banks entry have a significant impact on ratings only when we simultaneously control for the regulatory environment and the market structure, while auditing requirements have a significant impact only when we control for the regulatory environment alone. Finally, banks in developed countries are assigned higher ratings. However, this impact disappears when we include the regulatory and supervision variables in the models | en |
| Τύπος | Peer-Reviewed Journal Publication | en |
| Τύπος | Δημοσίευση σε Περιοδικό με Κριτές | el |
| Άδεια Χρήσης | http://creativecommons.org/licenses/by/4.0/ | en |
| Ημερομηνία | 2015-10-28 | - |
| Ημερομηνία Δημοσίευσης | 2006 | - |
| Θεματική Κατηγορία | Capability, Financial (Financial literacy) | en |
| Θεματική Κατηγορία | Financial capability (Financial literacy) | en |
| Θεματική Κατηγορία | Literacy, Financial | en |
| Θεματική Κατηγορία | financial literacy | en |
| Θεματική Κατηγορία | capability financial financial literacy | en |
| Θεματική Κατηγορία | financial capability financial literacy | en |
| Θεματική Κατηγορία | literacy financial | en |
| Βιβλιογραφική Αναφορά | F. Pasiouras, Ch. Gaganis and C. Zopounidis," The impact of bank regulations, supervision, market structure and bank characteristics on individual bank ratings: a cross-country analysis," Review of Quant. Finance and Acc., vol. 27, no. 4,pp. 403-438, Dec. 2006.doi:10.1007/s11156-006-0045-0 | en |
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