Shadow banking: a review of the literature

T Adrian, AB Ashcraft - Banking Crises: Perspectives from The New …, 2016 - Springer
The shadow banking system is a web of specialised financial institutions that channel
funding from savers to investors through a range of securitisation and secured funding …

Does the geographic expansion of banks reduce risk?

MR Goetz, L Laeven, R Levine - Journal of Financial Economics, 2016 - Elsevier
We develop a new identification strategy to evaluate the impact of the geographic expansion
of a bank holding company (BHC) across US metropolitan statistical areas (MSAs) on BHC …

[图书][B] Enterprise risk management: from incentives to controls

J Lam - 2014 - books.google.com
A fully revised second edition focused on the best practices of enterprise risk management
Since the first edition of Enterprise Risk Management: From Incentives to Controls was …

Would macroprudential regulation have prevented the last crisis?

D Aikman, J Bridges, A Kashyap… - Journal of Economic …, 2019 - aeaweb.org
How well equipped are today's macroprudential regimes to deal with a rerun of the factors
that led to the global financial crisis? To address the factors that made the last crisis so …

International trade, risk and the role of banks

F Niepmann, T Schmidt-Eisenlohr - Journal of International Economics, 2017 - Elsevier
International trade exposes exporters and importers to substantial risks. To mitigate these
risks, firms can buy special trade finance products from banks. Based on unique data with …

Identifying the valuation effects and agency costs of corporate diversification: Evidence from the geographic diversification of US banks

MR Goetz, L Laeven, R Levine - The Review of Financial Studies, 2013 - academic.oup.com
This paper assesses the impact of the geographic diversification of bank holding company
(BHC) assets across the United States on their market valuations. Using two new …

Retracted: Risk management in financial institutions

AA Rampini, S Viswanathan, G Vuillemey - 2020 - Wiley Online Library
We study risk management in financial institutions using data on hedging of interest rate and
foreign exchange risk. We find strong evidence that institutions with higher net worth hedge …

Business complexity and risk management: Evidence from operational risk events in US bank holding companies

A Chernobai, A Ozdagli, J Wang - Journal of Monetary Economics, 2021 - Elsevier
Recent regulatory proposals tie a financial institution's systemic importance to its complexity.
However, little is known about how complexity affects banks' risk management. Using the …

The role of governance on bank liquidity creation

V Díaz, Y Huang - Journal of Banking & Finance, 2017 - Elsevier
This paper examines the impact of internal bank governance on bank liquidity creation in the
US before, during and after the 2007–2009 financial crisis. Using bank holding company …

The behavioral theory of the (community‐oriented) firm: The differing response of community‐oriented firms to performance relative to aspirations

SJ Smulowitz, HE Rousseau… - Strategic Management …, 2020 - Wiley Online Library
Abstract Research Summary Combining insights from the behavioral theory of the firm with
sociological research on local embeddedness, we propose that community‐oriented firms …