National culture and bank risk-taking
Tài liệu tham khảo
Acharya, 2014, A pyrrhic victory? Bank bailouts and sovereign credit risk, J. Finance, 69, 2689, 10.1111/jofi.12206
Acharya, 2014, Testing macroprudential stress tests: the risk of regulatory risk weights, J. Monetary Econ., 65, 36, 10.1016/j.jmoneco.2014.04.014
Acharya, 2011
Acharya, 2011, Crisis resolution and bank liquidity, Rev. Financial Stud., 24, 2166, 10.1093/rfs/hhq073
Acharya, 2015, The greatest carry trade ever? Understanding eurozone bank risks, J. Financial Econ., 115, 215, 10.1016/j.jfineco.2014.11.004
Ahern, 2015, Lost in translation? The effect of cultural values on mergers around the world, J. Financial Econ., 117, 165, 10.1016/j.jfineco.2012.08.006
Alesina, 2003, Fractionalization, J. Econ. Growth, 8, 155, 10.1023/A:1024471506938
Anginer, 2014, How does deposit insurance affect bank risk? Evidence from the recent crisis, J. Banking Finance, 48, 312, 10.1016/j.jbankfin.2013.09.013
Attinasi, 2010, What explains the surge in Euro area sovereign spreads during the financial crisis of 2007–09?, Public Finance Manage., 10, 595
Bakar, 2017, A comprehensive hierarchical model of retail banking, Int. J. Bank Market., 35, 662, 10.1108/IJBM-03-2016-0041
Barry, 2011, Ownership structure and risk in publicly held and privately owned banks, J. Banking Finance, 35, 1327, 10.1016/j.jbankfin.2010.10.004
Barth, 2013, Bank regulation and supervision in 180 countries from 1999 to 2011, J. Financial Econ. Policy, 5, 111, 10.1108/17576381311329661
Baum, 2011, Using stata for applied research: reviewing its capabilities, J. Econ. Surv., 25, 380, 10.1111/j.1467-6419.2010.00678.x
Beltratti, 2012, The credit crisis around the globe: why did some banks perform better?, J. Financial Econ., 105, 1, 10.1016/j.jfineco.2011.12.005
Bhagat, 2015, Size, leverage, and risk-taking of financial institutions, J. Banking Finance, 59, 520, 10.1016/j.jbankfin.2015.06.018
Birge, 2013, Long-term bank balance sheet management: estimation and simulation of risk-factors, J. Banking Finance, 37, 4711, 10.1016/j.jbankfin.2013.07.040
Boyd, 2005, The theory of bank risk taking and competition revisited, J. Finance, 60, 1329, 10.1111/j.1540-6261.2005.00763.x
Boyd, 1993, Bank holding company mergers with nonbank financial firms: effects on the risk of failure, J. Banking Finance, 17, 43, 10.1016/0378-4266(93)90079-S
Boyd, 1986, Financial intermediary coalitions, J. Econ. Theory, 38, 211, 10.1016/0022-0531(86)90115-8
Brett, 1998, Culture and joint gains in negotiation, Negotiation J., 14, 61, 10.1111/j.1571-9979.1998.tb00148.x
Breuer, 2006, Problem bank loans, conflicts of interest, and institutions, J. Financial Stab., 2, 266, 10.1016/j.jfs.2006.07.001
Bushman, 2012, Accounting discretion, loan loss provisioning, and discipline of Banks’ risk-taking, J. Acc. Econ., 54, 1, 10.1016/j.jacceco.2012.04.002
Choi, 2013, The 2007–2010 U.S. financial crisis: its origins, progressions, and solutions, J. Econo. Asymmetries, 10, 65, 10.1016/j.jeca.2013.11.003
Conyon, 2000, The prince and the pauper? CEO pay in the United States and United Kingdom, Econ. J., 110, 640, 10.1111/1468-0297.00577
Coupé, 2011, Mattresses versus banks – the effect of trust on portfolio composition
Craig, 2013, Deposit market competition, wholesale funding, and bank risk, J. Banking Finance, 37, 3605, 10.1016/j.jbankfin.2013.05.010
Dabrowski, 2010, The global financial crisis: lessons for European integration, Econ. Syst., 34, 38, 10.1016/j.ecosys.2010.01.002
De Bruyckere, 2013, Bank/sovereign risk spillovers in the European debt crisis, J. Banking Finance, 37, 4793, 10.1016/j.jbankfin.2013.08.012
Delerue, 2009, National cultural values and the perceived relational risks in biotechnology alliance relationships, Int. Bus. Rev., 18, 14, 10.1016/j.ibusrev.2008.11.003
Delis, 2011, Interest rates and bank risk-taking, J. Banking Finance, 35, 840, 10.1016/j.jbankfin.2010.09.032
DellʼAriccia, 2014, Real interest rates, leverage, and bank risk-taking, J. Econ. Theory, 149, 65, 10.1016/j.jet.2013.06.002
Demirgüç-Kunt, 2010, Bank activity and funding strategies: the impact on risk and returns, J. Financial Econ., 98, 626, 10.1016/j.jfineco.2010.06.004
Diamond, 1984, Financial intermediation and delegated monitoring, Rev. Econ. Stud., 51, 393, 10.2307/2297430
Dick, 1994, Customer loyalty: toward an integrated conceptual framework, J. Acad. Market. Sci., 22, 99, 10.1177/0092070394222001
Djankov, 2007, Private credit in 129 countries, J. Financial Econ., 84, 299, 10.1016/j.jfineco.2006.03.004
Dong, 2011, Estimating firm-level and country-level effects in cross-sectional analyses: an application of hierarchical modeling in corporate disclosure studies, Int. J. Account., 46, 271, 10.1016/j.intacc.2011.07.002
Dothan, 1980, Banks, bankruptcy, and public regulation, J. Banking Finance, 4, 65, 10.1016/0378-4266(80)90035-7
Dwayne, 2004, The role of communication and trust in explaining customer loyalty: an extension to the ECSI model, Eur. J. Marketing, 38, 1272, 10.1108/03090560410548979
Edwards, 2012, A model law framework for the resolution of G-SIFIs, Capital Markets Law J., 7, 122, 10.1093/cmlj/kms017
Fahlenbrach, 2011, Bank CEO incentives and the credit crisis, Journal Financial Econ., 99, 11, 10.1016/j.jfineco.2010.08.010
Fehr, 2003
Field, 2013
Fiordelisi, 2011, Efficiency and risk in European banking, J. Banking Finance, 35, 1315, 10.1016/j.jbankfin.2010.10.005
García-Kuhnert, 2015, Shareholder diversification and bank risk-taking, J. Financial Intermediation, 24, 602, 10.1016/j.jfi.2015.03.001
Giannetti, 2011, Do cultural differences between contracting parties matter? Evidence from syndicated bank loans, Manage. Sci., 58, 365, 10.1287/mnsc.1110.1378
Gibson, 2000, The moral basis of stakeholder theory, J. Bus. Ethics, 26, 245, 10.1023/A:1006110106408
Gilbert, 2012, 94
Glaeser, 2000, Measuring trust, Q. J. Econ., 115, 811, 10.1162/003355300554926
Goldstein, 2011
Guiso, 2009, Cultural biases in economic exchange?, Q. J. Econ., 124, 1095, 10.1162/qjec.2009.124.3.1095
Hagendorff, 2011, CEO pay incentives and risk-taking: evidence from bank acquisitions, J. Corporate Finance, 17, 1078, 10.1016/j.jcorpfin.2011.04.009
Hakenes, 2011, Bank size and risk-taking under Basel II, J. Banking Finance, 35, 1436, 10.1016/j.jbankfin.2010.10.031
Hellmann, 2000, Liberalization, moral hazard in banking, and prudential regulation: are capital requirements enough?, Am. Econ. Rev., 90, 147, 10.1257/aer.90.1.147
Hofstede, 2001
Holm, 2005, Tropic trust versus nordic trust: experimental evidence from Tanzania and Sweden, Econ. J., 115, 505, 10.1111/j.1468-0297.2005.00998.x
Houston, 2010, Creditor rights, information sharing, and bank risk taking, J. Financial Econ., 96, 485, 10.1016/j.jfineco.2010.02.008
Husted, 2008, Toward a model of cross-cultural business ethics: the impact of individualism and collectivism on the ethical decision-making process, J. Bus. Ethics, 82, 293, 10.1007/s10551-008-9888-8
Iori, 2006, Systemic risk on the interbank market, J. Econ. Behav. Organ., 61, 525, 10.1016/j.jebo.2004.07.018
Jin, 2013, Impact of FDICIA internal controls on bank risk taking, J. Banking Finance, 37, 614, 10.1016/j.jbankfin.2012.09.013
Jordà, 2011, Financial crises, credit booms, and external imbalances: 140 years of lessons, IMF Econ. Rev., 59, 340, 10.1057/imfer.2011.8
Kanagaretnam, 2014, Influence of national culture on accounting conservatism and risk-taking in the banking industry, Acc. Rev., 89, 1115, 10.2308/accr-50682
Kane, 1981, Accelerating inflation, technological innovation, and the decreasing effectiveness of banking regulation, J. Finance, 36, 355, 10.1111/j.1540-6261.1981.tb00449.x
Kayo, 2011, Hierarchical determinants of capital structure, J. Banking Finance, 35, 358, 10.1016/j.jbankfin.2010.08.015
Ketelhöhn, 2012, Country effects on profitability: a multilevel approach using a sample of central american firms, J. Bus. Res., 65, 1767, 10.1016/j.jbusres.2011.10.036
Knell, 2010, Trust in Banks?: Evidence from normal times and from times of crises, ONB Working Paper, 158, 1
Kwok, 2006, National culture and financial systems, J. Int. Bus. Stud., 37, 227, 10.1057/palgrave.jibs.8400188
La Porta, 1997, Legal determinants of external finance, J. Finance, 52, 1131, 10.1111/j.1540-6261.1997.tb02727.x
La Porta, 1998, Law and finance, J. Political Econ., 106, 1113, 10.1086/250042
Laeven, 2009, Bank governance: regulation and risk taking, J. Financial Econ., 93, 259, 10.1016/j.jfineco.2008.09.003
Lepetit, 2008, Bank income structure and risk: an empirical analysis of European banks, J. Banking Finance, 32, 1452, 10.1016/j.jbankfin.2007.12.002
Lin, 2013, How does culture influence corporate risk-taking?, J. Corporate Finance, 23, 1, 10.1016/j.jcorpfin.2013.07.008
Makri, 2014, How accounting information and macroeconomic environment determine credit risk? Evidence from Greece, Int. J. Econ. Sci. Appl. Res., 7, 129
Mihet, 2013, Effects of culture on firm risk-taking: a cross-country and cross-industry analysis, J. Cultural Econ., 37, 109, 10.1007/s10824-012-9186-2
Mirzaei, 2013, Bank performance during the financial crisis 2007–2010, Int. J. Bus. Econ., 12, 27
Mistrulli, 2011, Assessing financial contagion in the interbank market: maximum entropy versus observed interbank lending patterns, J. Banking Finance, 35, 1114, 10.1016/j.jbankfin.2010.09.018
Molnár, 2014, Optimal monetary policy when agents are learning, Eur. Econ. Rev., 66, 39, 10.1016/j.euroecorev.2013.08.012
Mosad, 1996, Bank-corporate client partnership relationship: benefits and life cycle, Int. J. Bank Market., 14, 14, 10.1108/02652329610113135
Ramakrishnan, 1984, Information reliability and a theory of financial intermediation, Rev. Econ. Stud., 51, 415, 10.2307/2297431
Ratnovski, 2013, Liquidity and transparency in bank risk management, J. Financial Intermediation, 22, 422, 10.1016/j.jfi.2013.01.002
Raudenbush, 2002
Srivastav, 2014, CEO inside debt holdings and risk-shifting: evidence from bank payout policies, J. Banking Finance, 47, 41, 10.1016/j.jbankfin.2014.06.016
Staiger, 1997, Instrumental variables regression with weak instruments, Econometrica, 65, 557, 10.2307/2171753
Stock, 2005, Testing for weak instruments in linear IV regression, 80
Storey, 1993, The impact of the new product development project on the success of financial services, Service Ind. J., 13, 40, 10.1080/02642069300000049
Thanassoulis, 2014, Bank pay caps, bank risk, and macroprudential regulation, J. Banking Finance, 48, 139, 10.1016/j.jbankfin.2014.04.004
Thiripalraju, 2010, Modeling volatility for the indian stock market, IUP J. Appl. Econ., 9, 79
Tonzer, 2015, Cross-border interbank networks: banking risk and contagion, J. Financial Stab., 18, 19, 10.1016/j.jfs.2015.02.002
Upper, 2011, Simulation methods to assess the danger of contagion in interbank markets, J. Financial Stab., 7, 111, 10.1016/j.jfs.2010.12.001
Valencia, 2014, Monetary policy, bank leverage, and financial stability, J. Econ. Dyn. Control, 47, 20, 10.1016/j.jedc.2014.07.010
Vallascas, 2013, CEO bonus compensation and bank default risk: evidence from the U.S. and Europe, Financial Markets, Institutions Instrum., 22, 47, 10.1111/fmii.12004
Wagner, 2007, The liquidity of bank assets and banking stability, J. Banking Finance, 31, 121, 10.1016/j.jbankfin.2005.07.019
Walker, 2012, Market and regulatory balance, J. Banking Regul., 13, 1, 10.1057/jbr.2011.24
Weber, 1998, Cross-cultural differences in risk perception: but cross-cultural similarities in attitudes towards perceived risk, Manage. Sci., 44, 1205, 10.1287/mnsc.44.9.1205
Yahanpath, 2011, A brief review of the role of shareholder wealth maximisation and other factors contributing to the global financial crisis, Qual. Res. Financial Markets, 3, 64, 10.1108/17554171111124621