• Publications
  • Influence
Bank Ownership and Efficiency in China: What will Happen in the World's Largest Nation?
China is reforming its banking system, partially privatizing and taking on minority foreign ownership of three of its dominant "Big Four" state-owned banks. This paper helps predict the effects byExpand
  • 804
  • 90
  • PDF
Bank performance, efficiency and ownership in transition countries
Using data from 1996 to 2000, we investigate the effects of ownership, especially by a strategic foreign owner, on bank efficiency for eleven transition countries in an unbalanced panel consisting ofExpand
  • 1,121
  • 86
Should Banks Be Diversified? Evidence from Individual Bank Loan Portfolios
We study empirically the effect of focus (specialization) vs. diversification on the return and the risk of banks using data from 105 Italian banks over the period 1993-1999. Specifically, we analyzeExpand
  • 565
  • 67
  • PDF
Beauty is in the Eye of the Beholder: The Effect of Corporate Tax Avoidance on the Cost of Bank Loans
We find that firms with greater tax avoidance incur higher spreads when obtaining bank loans. This finding is robust in a battery of sensitivity analyses and in two quasi-experimental settingsExpand
  • 330
  • 38
  • PDF
Development and Efficiency of the Banking Sector in a Transitional Economy: Hungarian Experience
The paper analyzes the experiences and developments of Hungarian banking sector during the transitional process from a centralized economy to a market-oriented system.The paper identifies that earlyExpand
  • 567
  • 33
Privatization Matters: Bank Efficiency in Transition Countries
To investigate the impact of bank privatization in transition countries, we take the largest banks in six relatively advanced countries, namely, Bulgaria, the Czech Republic, Croatia, Hungary, PolandExpand
  • 393
  • 31
  • PDF
Use of Loan Loss Provisions for Capital, Earnings Management and Signalling By Australian Banks
This study examines whether and to what extent Australian banks use loan loss provisions (LLPs) for capital, earnings management and signalling. We examine if there were changes in the use of LLPs asExpand
  • 161
  • 26
The Effects of Focus versus Diversification on Bank Performance: Evidence from Chinese Banks
This paper investigates the effects of focus versus diversification on bank performance using data on Chinese banks during the 1996-2006 period. We construct a new measure, economies ofExpand
  • 347
  • 24
  • PDF
Gender Differences in Financial Reporting Decision-Making: Evidence from Accounting Conservatism
This paper investigates the effect of CFO gender on corporate financial reporting decision-making. Focusing on firms that experience changes of CFO from male to female, the paper compares the firms'Expand
  • 232
  • 23
  • PDF
Social Capital and Debt Contracting: Evidence from Bank Loans and Public Bonds
We find that firms headquartered in U.S. counties with higher levels of social capital incur lower bank loan spreads. This finding is robust to using organ donation as an alternative social-capitalExpand
  • 118
  • 17