FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2115304159> ?p ?o ?g. }

• W2115304159 endingPage "472" @default.
• W2115304159 startingPage "443" @default.
• W2115304159 abstract "The question of whether private investors can discriminate between the risk taken by banks is empirically investigated by testing the risk sensitivity of European banks' subordinated notes and debentures (SND) spreads. A unique dataset of spreads, ratings, and accounting measures of bank risk is used for a sample of SND issued during the 1991-2000:Q1 period. Moody's Bank Financial Strength (MBFS) and FitchIBCA Individual (FII) ratings, which omit the influence of government and other external support on risk borne by investors, are used as bank risk proxies together with accounting variables to explain the variability of spreads. Empirical results support the hypothesis that SND investors are sensitive to bank risk, with the exception of SND issued by public sector banks, i.e., government owned or guaranteed institutions. Results also show that the sensitivity of SND spreads to measures of stand-alone risk (i.e., measures that do not incorporate external guarantees) has been increasing from the first to the second part of the 1990s, with the perception of too-big-to-fail type guarantees by private investors gradually disappearing. This result can be attributed to the joint effect of the loss of monetary policy by national central banks and the public budget constraints imposed by the European Monetary Union (EMU)." @default.
• W2115304159 created "2016-06-24" @default.
• W2115304159 creator A5031001177 @default.
• W2115304159 date "2003-01-01" @default.
• W2115304159 modified "2023-10-14" @default.
• W2115304159 title "Testing for Market Discipline in the European Banking Industry: Evidence from Subordinated Debt Issues" @default.
• W2115304159 cites W148067568 @default.
• W2115304159 cites W1481700022 @default.
• W2115304159 cites W1490757898 @default.
• W2115304159 cites W1502456104 @default.
• W2115304159 cites W1536294431 @default.
• W2115304159 cites W1546758628 @default.
• W2115304159 cites W1551469536 @default.
• W2115304159 cites W1571459280 @default.
• W2115304159 cites W2017826184 @default.
• W2115304159 cites W2020232147 @default.
• W2115304159 cites W2029318290 @default.
• W2115304159 cites W2105973145 @default.
• W2115304159 cites W2110709535 @default.
• W2115304159 cites W2124957504 @default.
• W2115304159 cites W2130184489 @default.
• W2115304159 cites W2153101019 @default.
• W2115304159 cites W3023883240 @default.
• W2115304159 cites W3122394560 @default.
• W2115304159 cites W3122710337 @default.
• W2115304159 cites W3125948922 @default.
• W2115304159 cites W318081849 @default.
• W2115304159 cites W2952468510 @default.
• W2115304159 doi "https://doi.org/10.1353/mcb.2003.0022" @default.
• W2115304159 hasPublicationYear "2003" @default.
• W2115304159 type Work @default.
• W2115304159 sameAs 2115304159 @default.
• W2115304159 citedByCount "205" @default.
• W2115304159 countsByYear W21153041592012 @default.
• W2115304159 countsByYear W21153041592013 @default.
• W2115304159 countsByYear W21153041592014 @default.
• W2115304159 countsByYear W21153041592015 @default.
• W2115304159 countsByYear W21153041592016 @default.
• W2115304159 countsByYear W21153041592017 @default.
• W2115304159 countsByYear W21153041592018 @default.
• W2115304159 countsByYear W21153041592019 @default.
• W2115304159 countsByYear W21153041592020 @default.
• W2115304159 countsByYear W21153041592021 @default.
• W2115304159 countsByYear W21153041592022 @default.
• W2115304159 countsByYear W21153041592023 @default.
• W2115304159 crossrefType "journal-article" @default.
• W2115304159 hasAuthorship W2115304159A5031001177 @default.
• W2115304159 hasBestOaLocation W21153041592 @default.
• W2115304159 hasConcept C10138342 @default.
• W2115304159 hasConcept C105639569 @default.
• W2115304159 hasConcept C120527767 @default.
• W2115304159 hasConcept C121955636 @default.
• W2115304159 hasConcept C138885662 @default.
• W2115304159 hasConcept C144133560 @default.
• W2115304159 hasConcept C162324750 @default.
• W2115304159 hasConcept C185592680 @default.
• W2115304159 hasConcept C198531522 @default.
• W2115304159 hasConcept C2778137410 @default.
• W2115304159 hasConcept C2781251770 @default.
• W2115304159 hasConcept C2910001868 @default.
• W2115304159 hasConcept C41895202 @default.
• W2115304159 hasConcept C43617362 @default.
• W2115304159 hasConcept C556758197 @default.
• W2115304159 hasConcept C73283319 @default.
• W2115304159 hasConceptScore W2115304159C10138342 @default.
• W2115304159 hasConceptScore W2115304159C105639569 @default.
• W2115304159 hasConceptScore W2115304159C120527767 @default.
• W2115304159 hasConceptScore W2115304159C121955636 @default.
• W2115304159 hasConceptScore W2115304159C138885662 @default.
• W2115304159 hasConceptScore W2115304159C144133560 @default.
• W2115304159 hasConceptScore W2115304159C162324750 @default.
• W2115304159 hasConceptScore W2115304159C185592680 @default.
• W2115304159 hasConceptScore W2115304159C198531522 @default.
• W2115304159 hasConceptScore W2115304159C2778137410 @default.
• W2115304159 hasConceptScore W2115304159C2781251770 @default.
• W2115304159 hasConceptScore W2115304159C2910001868 @default.
• W2115304159 hasConceptScore W2115304159C41895202 @default.
• W2115304159 hasConceptScore W2115304159C43617362 @default.
• W2115304159 hasConceptScore W2115304159C556758197 @default.
• W2115304159 hasConceptScore W2115304159C73283319 @default.
• W2115304159 hasIssue "3" @default.
• W2115304159 hasLocation W21153041591 @default.
• W2115304159 hasLocation W21153041592 @default.
• W2115304159 hasLocation W21153041593 @default.
• W2115304159 hasOpenAccess W2115304159 @default.
• W2115304159 hasPrimaryLocation W21153041591 @default.
• W2115304159 hasRelatedWork W1502456104 @default.
• W2115304159 hasRelatedWork W1545257113 @default.
• W2115304159 hasRelatedWork W1991668648 @default.
• W2115304159 hasRelatedWork W2029736082 @default.
• W2115304159 hasRelatedWork W2494660422 @default.
• W2115304159 hasRelatedWork W2900293251 @default.
• W2115304159 hasRelatedWork W3121799801 @default.
• W2115304159 hasRelatedWork W3122305200 @default.
• W2115304159 hasRelatedWork W3123234645 @default.
• W2115304159 hasRelatedWork W3185280790 @default.
• W2115304159 hasVolume "35" @default.
• W2115304159 isParatext "false" @default.

• next