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.

Autorentext

Myriam García Olalla is professor of Finance and Accounting at the University of Cantabria, Spain. She holds a PhD in Economics and Business from the University of Oviedo, Spain and has been professor at the University of Oviedo and visiting researcher at Berkley University, USA and Bangor University, UK. She has carried out several positions at her university and UCEIF Foundation. Her main research interests are banking and corporate finance and she has published scientific books and articles in relevant international economics and finance journals.

Judith Clifton is professor of Applied Economics at the University of Cantabria, Spain. She holds a DPhil in Political Economy from the University of Oxford, UK and has lectured at Oxford, Leeds, Oviedo, Cornell and Cantabria universities. She has published widely in international journals and is Editor of the Journal of Economic Policy Reform and the Cambridge Journal of Regions, Economy and Society. Her research interests include public policy, regulation and public services.

Inhalt

1 Introduction

Part I Regulation

2 The Impact of Recent Regulatory Reform on the Use of Supply Chain Finance: The Case of Reverse Factoring

3 The Bank Resolution Framework in the European Union: Preliminary Evidence from Specialized and Regional Banks 4 Market Risk Disclosure in Banks' Balance Sheets and the Pillar 3 Report: The Case of Italian Banks 5 Central Banks' Communication Strategies: Just Words?

6 Complaining in Consumer Credit: Evidence from the Italian Financial System

Part II Corporate Governance and Performance

7 Bank Boards in Europe: Trade-Offs in Size, Composition, and Turnover

8 The Impact of Internal Corporate Governance Mechanisms on Corporate Social Performance in the Banking Industry

9 Bank Ownership and Firm-Level Performance: An Empirical Assessment of State-Owned Development Banks

10 Non-financial Rating and Socially Responsible Investment Reaction to Financial Turmoil

11 What Determines Interest Margins? The Case of Chinese Banks

Part III Firm Financing and Valuation

12 How Do Banks and Investment Funds Affect FamilyRisk-Taking? Evidence from the Financial Crisis

13 Does Bank Regulation Spill Over to Firm Financing? SME Financing, Bank Monitoring, and the Efficiency of the Bank Lending Channel

14 Earn-outs in Debt Restructuring Plans: Economics and Valuation

15 Book and Market Values of European Banks: Country, Size, and Business Mix Effects

Part IV Contemporary Issues

16 Assessing and Measuring Banking Culture

17 A Multidimensional Approach to Equity Crowdfunding: Bridging the Equity Gap and Boosting Social Capital

18 Structure and Risks of the Chinese Shadow Banking System: The Next Challenge for the Global Economy?

19 Analysis of the Main Trends in European and US Banks and Their Impact on Performance