Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Loan Processing Costs And Information Asymmetries PDF full book. Access full book title Loan Processing Costs And Information Asymmetries.
| Author | : Salvatore Capasso |
| Publisher | : |
| Total Pages | : 20 |
| Release | : 2003 |
| Genre | : Capital investments |
| ISBN | : 9789291905546 |
| Author | : Mr.Giovanni Dell'Ariccia |
| Publisher | : International Monetary Fund |
| Total Pages | : 32 |
| Release | : 1998-06-01 |
| Genre | : Business & Economics |
| ISBN | : 145195154X |
The paper analyzes the effects of informational asymmetries on the market structure of the banking industry in a multi-period model of spatial competition. All lenders face uncertainty with regard to borrowers’ creditworthiness, but, in the process of lending, incumbent banks gather proprietary information about their clients, acquiring an advantage over potential entrants. These informational asymmetries are an important determinant of the industry structure and may represent a barrier to entry for new banks. The paper shows that, in contrast with traditional models of horizontal differentiation, the steady-state equilibrium is characterized by a finite number of banks even in the absence of fixed costs.
| Author | : Theo Lynn |
| Publisher | : Springer |
| Total Pages | : 194 |
| Release | : 2018-12-06 |
| Genre | : Business & Economics |
| ISBN | : 3030023303 |
This open access Pivot demonstrates how a variety of technologies act as innovation catalysts within the banking and financial services sector. Traditional banks and financial services are under increasing competition from global IT companies such as Google, Apple, Amazon and PayPal whilst facing pressure from investors to reduce costs, increase agility and improve customer retention. Technologies such as blockchain, cloud computing, mobile technologies, big data analytics and social media therefore have perhaps more potential in this industry and area of business than any other. This book defines a fintech ecosystem for the 21st century, providing a state-of-the art review of current literature, suggesting avenues for new research and offering perspectives from business, technology and industry.
| Author | : Gus De Franco |
| Publisher | : |
| Total Pages | : 54 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
This study examines how product market peers affect lending relationships. We contend that firms are more likely to borrow from a bank that has previously lent to a peer, to mitigate information asymmetry with the bank when potential information processing efficiencies are greater (i.e., information efficiency hypothesis), but there will be a decreased propensity to borrow from a shared lender when the costs of leaking proprietary information are greater (i.e., proprietary information leakage hypothesis). We find that, on average, firms avoid borrowing from banks that lend to a product market peer. We also document evidence consistent with both hypotheses in both cross-sectional and difference-in-difference research designs. In additional analysis, we examine the pricing of loans and observe loan pricing effects consistent with these two hypotheses.
| Author | : Monika |
| Publisher | : Booksclinic Publishing |
| Total Pages | : 193 |
| Release | : 2021-09-18 |
| Genre | : Education |
| ISBN | : 9391389708 |
Asymmetry of Information and Lending Risk Livelihood pattern of Street Vendors in India. This study focuses on street vendors and their related problems to access credit from formal banking institutions. our formal sector faces the risk of asymmetric information in lending to street vendors due to which street vendors lack access to institutional financing. On the other side, public authorities normally regard street vendors as encroachers of sidewalks and pavements and do not appreciate the valuable services, which street vendors are providing to the common man. Social security coverage of street vendors is very small. Here member base organizations have a positive impact on the life of street vendors. Non-Government Organizations (NGOs), who are providing social security schemes to street vendors are few in number (2009, National Policy on Urban Street Vendors). Street Vendors provide valuable services at a cheaper price to the urban population while trying to earn a livelihood and it is the duty of the State to protect the right of this segment of the population to earn their livelihood. So, this book highlights the issues and challenges faced by street vendors and also provides feasible solutions for their development.
| Author | : Xingyun Peng |
| Publisher | : World Scientific |
| Total Pages | : 707 |
| Release | : 2015 |
| Genre | : Business & Economics |
| ISBN | : 193813432X |
China is now the second largest economy in the world, with an increasingly efficient and open financial system. Many firms, agents and financial institutions have realized the potential in making money in China. Financial Theory: Perspectives from China serves as a timely textbook providing a unique introduction to economics theory, with a focus on money, banking and financial systems, through examples based mainly on China's financial practices. It contains up-to-date developments of theory and practices, as well as various interesting stories on China's financial system. Topics such as financial institutions, capital markets, debt securities markets, mutual fund markets, money markets, foreign exchange and financial derivative markets are discussed in depth. Financial theories are supplemented with illustrations from China's money supply mechanism and monetary policy system, China's financial regulatory and supervision system, as well as China's financial system and how it has liberalized and opened up to the rest of the world. Readers will find detailed examinations of financial theories, exemplified and reinforced by the inclusion of different financial cases and phenomena, each intriguing in their own right. This book provides readers with a deeper understanding of China's financial practices, providing vital knowledge for investing in China and engaging businesses there. Undergraduate students in economics and finance and those keen on becoming a player in China's financial markets will no doubt find this volume useful and necessary.
| Author | : Myriam García-Olalla |
| Publisher | : Springer |
| Total Pages | : 454 |
| Release | : 2018-07-23 |
| Genre | : Business & Economics |
| ISBN | : 3319902946 |
This book offers insights into the contemporary issues in banking with a special focus on the recent European regulatory reforms, governance and the performance of firms. Written by prestigious professors and expert academics in the field, the book also covers a diverse set of topics that have gained great importance in this sector such as firm financing, culture, risk and other challenges faced by banks. The book is of interest to scholars, students and professionals in banking.
| Author | : James R. Barth |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 767 |
| Release | : 2012-01-01 |
| Genre | : Business & Economics |
| ISBN | : 1849806101 |
The recent financial crisis has stimulated much debate on the governance of financial institutions, as well as research on the effects of governance arrangements on risk-taking, performance and financial institutions more generally. Furthermore, researchers are asking how regulation, legislation, politics and other factors influence the governance of financial institutions and their behavior in different dimensions. The specially commissioned contributions featured in this timely Handbook confront these complex issues. The contributors – top international scholars from finance, law and business – explore the role of governance, both internal and external, in explaining risk-taking and other aspects of the behavior of financial institutions. Additionally, they discuss market and policy features affecting objectives and quality of governance. The chapters provide in-depth analysis of factors such as: ownership, efficiency and stability; market discipline; compensation and performance; social responsibility; and governance in non-bank financial institutions. Only through this kind of rigorous examination can one hope to implement the financial reforms necessary and sufficient to reduce the likelihood and severity of future crises. Bringing the reader to the frontier of research on governance of financial institutions, this volume is sure to inspire future research in scholars and students of financial institutions, governance and banking as well as all those involved with private financial institutions and public regulatory and supervisory authorities.
| Author | : Alex Kong |
| Publisher | : DEStech Publications, Inc |
| Total Pages | : 1908 |
| Release | : 2014-06-02 |
| Genre | : Technology & Engineering |
| ISBN | : 1605951749 |
The aim objective of CME 2014 is to provide a platform for researchers, engineers, academicians as well as industrial professionals from all over the world to present their research results and development activities in Information Management, Innovation Management, Project Management and Engineering. This conference provides opportunities for the delegates to exchange new ideas and application experiences face to face, to establish business or research relations and to find global partners for future collaboration. Submitted conference papers will be reviewed by technical committees of the Conference.
| Author | : H. Kent Baker |
| Publisher | : John Wiley & Sons |
| Total Pages | : 504 |
| Release | : 2011-03-31 |
| Genre | : Business & Economics |
| ISBN | : 1118022947 |
A comprehensive guide to making better capital structure and corporate financing decisions in today's dynamic business environment Given the dramatic changes that have recently occurred in the economy, the topic of capital structure and corporate financing decisions is critically important. The fact is that firms need to constantly revisit their portfolio of debt, equity, and hybrid securities to finance assets, operations, and future growth. Capital Structure and Corporate Financing Decisions provides an in-depth examination of critical capital structure topics, including discussions of basic capital structure components, key theories and practices, and practical application in an increasingly complex corporate world. Throughout, the book emphasizes how a sound capital structure simultaneously minimizes the firm's cost of capital and maximizes the value to shareholders. Offers a strategic focus that allows you to understand how financing decisions relates to a firm's overall corporate policy Consists of contributed chapters from both academics and experienced professionals, offering a variety of perspectives and a rich interplay of ideas Contains information from survey research describing actual financial practices of firms This valuable resource takes a practical approach to capital structure by discussing why various theories make sense and how firms use them to solve problems and create wealth. In the wake of the recent financial crisis, the insights found here are essential to excelling in today's volatile business environment.
