The determinants of bank performance in China

Author(s):

Shelagh Heffernan

China's banking system has undergone gradual reform since 1978, with a view to improving efficiency and resource allocation. Recent reforms have focused on allowing banks to list some shares on domestic and foreign exchanges, greater foreign equity participation in Chinese banks, and the establishment of new rural financial institutions.

Updated: 22/09/2011
Comments:
Views: 6,310

Taking stock of corporate governance research while looking to the future

Author(s):

Igor Filatotchev

This essay identifies some key issues for the analysis of corporate governance based on the articles within this special review issue coupled with our own perspectives. Our aim in this issue is to distil some research streams in the field and identify opportunities for future research. Our analysis suggests that analytic and regulatory approaches to corporate governance issues should move from a 'one-size-fits-all' template to taking into account organizational, institutional and national contexts.

Updated: 10/02/2017
Comments:
Views: 10,315

The effects of information disclosure and board independence on IPO discount

Author(s):

Igor Filatotchev

This paper examines the effect of strategic information disclosure and corporate governance on the stock market performance of initial public offering (IPO) firms in France.

Updated: 22/09/2011
Comments:
Views: 7,176

Emerging themes in banking: recent literature and directions for future research

Author(s):

Barbara Casu

 et al.
Industry:
Banking

This paper presents a review of the recent literature in banking around the core themes of performance, risk and governance of financial institutions. We write this review against the backdrop of the recent financial crisis and the major changes it caused to banking sectors in many countries. There are several themes emerging from this review, but the overarching issue relates to the need to better understand bank risk taking incentives and the implications for systemic stability. There is a need for more work on the role of safety net subsidies and how these are linked to systemic risk; financial innovation and the adoption of new products and processes and the linkage to risk-taking, market returns or contagion. There is also a need to better understand the relationship between competition and risk, and understand the interconnections between capital, profitability, liquidity and risk.

Updated: 05/01/2015
Comments: 8
Views: 9,257

How to fix the banking system

Author(s):

Igor Filatotchev

Four of Cass Business School's senior academics agreed in a December 2, 2008 debate entitled "How to fix the banking system" that addressing the irresponsibility of British banks will be extremely difficult.

Updated: 10/02/2017
Comments:
Views: 11,459

Accounting valuation and the credit crisis

Alistair Milne and Perry Mehrling, together with Laurence Kotlikoff of Boston University, propose using government credit insurance guarantees to combat the credit crisis. Their idea is to use these guarantees to put a floor under the prices of the better quality tranches of structured credit securities, hence restoring liquidity to credit markets and arresting the global credit contraction.

Updated: 21/10/2011
Comments:
Views: 33,376