Global banks and the picking order in internal capital markets: Do locational activity patterns matter?

C D'Avino - Journal of International Financial Markets, Institutions …, 2024 - Elsevier
This paper examines whether global banks' liquidity reallocations via internal capital
markets are driven by the locational activity patterns of their foreign branches. Using …

Do insurers use internal capital markets to manage regulatory scrutiny risk?

SG Fier, AP Liebenberg - Journal of Risk and Insurance, 2023 - Wiley Online Library
Empirical evidence suggests that insurance groups allocate capital to members with better
performance or growth prospects and use internal capital markets (ICMs) to protect the …

Risk Management and Corporate Lifecycles: Evidence from Reinsurance Purchases

CR Cole, E Eastman - Available at SSRN 4608575, 2023 - papers.ssrn.com
Abstract Theory suggests that firms move through distinct lifecycle stages that are
determined by internal and external factors. Empirical evidence indicates that firm behavior …