Umfang:
1 online resource (691 pages)
ISBN:
9781137521446
Serie:
Palgrave Handbooks
Inhalt:
"Preface" -- "Acknowledgements" -- "Contents" -- "List of Abbreviations " -- "Notes on contributors" -- "List of Figures" -- "List of Tables" -- "Part I: European Banking: Through the Crisis and Beyond" -- "1: European Banking: An Overview" -- " Introduction" -- " The EU Single Market for Financial Services" -- " European Banking Through the Crisis and Beyond" -- " Performance and Innovation in European Banking" -- " Financial Stability and Regulation" -- " Cross-Border Banking" -- " European Banking Systems" -- " Looking Forward" -- "References" -- "2: Financial Structure" -- " Europeâs Financial Structure in Perspective" -- " Determinants of Financial Structure" -- " The Role of Comparative Advantage in Determining Financial Structure" -- " The Role of Public Policy in Determining Financial Structure" -- " The Real Effects of Financial Structure" -- " The Effects of Financial Structure on Long-Run Growth" -- " The Effects of Financial Structure on the Volatility of Economic Output" -- " Conclusion" -- "References" -- "3: Bank Diversification and Financial Conglomerates in Europe" -- " Introduction" -- " The Business Structure of Financial Conglomerates" -- " The Drivers of Financial Conglomerates" -- " Financial Conglomerates and Theoretical Arguments" -- " Empirical Work on Financial Conglomerates" -- " Operating Performance" -- " Risk, Returns and Systemic Implications" -- " The European Conglomerates Landscape" -- " Bank Mergers and Acquisitions" -- " The Diversification of Bank Activities" -- " Concluding Remarks" -- "References" -- "4: Banksâ Business Models in Europe" -- " Introduction" -- " Identifying Business Models in European Banking" -- " Definition" -- " Sample" -- " Methodology" -- " Results" -- " Bank Business Models, Ownership Structure, Internationalization and Migration" -- " Conclusions
Inhalt:
"References" -- "5: Ownership in European Banking" -- " Introduction" -- " Shareholder and Stakeholder-Oriented Financial Institutions" -- " Ownership Forms" -- " Public Banks" -- " Commercial Banks" -- " Mutual Banks" -- " Savings Banks" -- " Building Societies" -- " Cooperative Banks" -- " Credit Unions" -- " Performance, Risk and Lending" -- " Efficiency" -- " Profitability" -- " Risk" -- " Lending" -- " Concludings Comments" -- "References" -- "6: Pay Structures in European Banks" -- " Introduction" -- " Theoretical Background" -- " The Structure of Managerial Compensation" -- " Cash-Based Compensation" -- " Equity-Based Compensation" -- " Debt-Based Compensation" -- " Impact of European Policy Developments on Pay Characteristics" -- " Long-Term Deferred Equity Awards" -- " Bonus Caps" -- " Pay and the Governance Context of Banks" -- " Contrasting Compensation Reforms in the US to the European Approach" -- " Are There Costs Associated with Regulating Executive Pay?" -- " Conclusion" -- "References" -- "Part II: Performance and Innovation in European Banking" -- "7: European Retail Payments Systems: Cost, Pricing, Innovation and Regulation" -- " Structure of European Retail Payments Markets" -- " Payment Use and Composition" -- " Differences in Payment Behaviour" -- " Payment Cost and Scale Economies" -- " Some Economics of Payment Systems" -- " Payment Networks" -- " Payment Pricing and Incentives" -- " Payment Steering" -- " Payment Competition and Cooperation" -- " Payment Innovation" -- " Network Effects, Incentives and Lock-In" -- " Interoperability and Fragmentation" -- " Regulatory Framework" -- " E-Money Directive" -- " Regulation on Cross-Border Payments" -- " Payment Services Directive (1 and 2)" -- " SEPA Regulation" -- " Interchange Fee Regulation" -- " Conclusion" -- "References
Inhalt:
"8: Competition in EU Banking" -- " Introduction" -- " Bank Competition and Market Concentration" -- " Indicators" -- " Comparing Indicators" -- " EU-Wide Movements" -- " Capita Selecta" -- " Competition and Bank Risk-Taking" -- " Competition and Systemic Risk" -- " Bank Customer Inertia: Barriers to Switching" -- " Conclusion" -- "References" -- "9: The Internet, Crowdfunding and the Banking Industry" -- " Introduction" -- " The Internet, Network Effects and the Horizontalization of Organizations" -- " Loan-Based Crowdfunding, Peer-to-Peer Lending and the Banking Industry" -- " Further Issues" -- " The Rise of Digital Currencies" -- " Big Data, Internet of Things and the Banking Industry" -- " Concluding Remarks" -- "References" -- "10: Small Business Lending" -- " Introduction" -- " A Growing Academic Interest" -- " Recent Evolution of SME Finance in Europe" -- " Small Business Lending Technologies in Europe: A Diagnosis" -- " The Universe of Lending Technologies" -- " Relationship Lending and Other Technologies: European Evidence" -- " Institutional Features and Market Structure: European Evidence" -- " Conclusions" -- "References" -- "11: European Bank Efficiency and Performance: The Effects of Supranational Versus National Bank Supervision" -- " Introduction" -- " Methodological Trends and Applications to Banking" -- " Methodological Developments" -- " SFA in European Banking" -- " Specification and Data" -- " Specification" -- " Bank Data" -- " Single Supervisory Mechanism Data" -- " Results" -- " Frontier Estimation Results" -- " Mean Efficiency of SSM Versus Non-SSM Banks Over Time" -- " Switching Supervisory Regimes" -- " Conclusion" -- " Notes" -- "References" -- "Part III: Financial Stability and Regulation" -- "12: Regulatory Reforms in the European Banking Sector
Inhalt:
" The 2007 Crisis and the New Regulatory Reforms" -- " Market Failures in the Banking Industry and the Purpose of Financial Regulation" -- " Vulnerability to Runs" -- " Moral Hazard and Excessive Risk-Taking" -- " Build-Up of Systemic Risk" -- " Regulatory Reforms" -- " Basel III and CRD IV" -- " Capital Requirements" -- " Liquidity Requirements" -- " Assets and Activities Restrictions" -- " Banking Union" -- " Single Supervisory Mechanism" -- " Single Resolution Mechanism" -- " European Deposit Insurance Scheme" -- " Concluding Remarks" -- "References" -- "13: Complexity in Regulation" -- " A Journey Towards Complexity" -- " European Banking Regulation Before Basel" -- " Basel: Singularly Complex" -- " How Complexity Failed in the Crisis" -- " Definition of Capital" -- " Risk Weights" -- " Lack of Other Ratios" -- " Whatâs Been Done and Where to Go from Here" -- "References" -- "14: State Aid and Guarantees in Europe" -- " Motivation" -- " State Aid and Guarantees During the Recent Financial Crisis" -- " The European Case" -- " The US Experience" -- " Theoretical Results" -- " Deposit Insurance and Moral Hazard" -- " Market Discipline and Charter Value" -- " Bailout Expectations, Time Consistency and Competitive Effects" -- " Empirical Evidence" -- " Identification Issues" -- " Deposit Insurance and Moral Hazard" -- " Market Discipline and Charter Value" -- " Bailout Expectations, Time Consistency and Competitive Effects" -- " The Effects of TARP in the USA" -- " Institutional Design and Policy Implications" -- " The European Banking Union" -- " Conclusion" -- "References" -- "15: The Bank Lending Channel of Monetary Policy: A Review of the Literature and an Agenda for Future Research" -- " The Local Bank Lending Channel of Monetary Policy
Inhalt:
" Identifying the Bank Lending Channel: Bank Balance Sheet Data" -- " Loan-Level Data" -- " Institutions and Potency of the Bank Lending Channel" -- " Bank Characteristics:" -- "Bank Size, Bank Capital and Bank Liquidity" -- " Financial Market Characteristics:" -- "Bank Sector Concentration and Size" -- "Health of the Banking Sector" -- "Other Factors: Relationship Lending and Bank Networks" -- " International Bank Lending Channels" -- " Decomposition of Credit: The Bank Risk-Taking Channel" -- " Conclusion and Future Research" -- "References" -- "16: The Interplay Between Banks and Markets: Supervisory Stress Test Results and Investor Reactions" -- " Introduction" -- " Stress Test Exercises in Europe" -- " Institutional Framework" -- " The Evolution of the Supervisory Framework" -- " The CEBS Stress Tests (2009 and 2010)" -- " The EBA Stress Tests (2011, 2014 and 2016)" -- " Market Reaction" -- " Stress Test Exercises in the USA" -- " Institutional Framework" -- " The Supervisory Capital Assessment Program (SCAP)" -- " The Supervision of Large US Banks After the SCAP" -- " The Dodd-Frank Act Stress Testing (DFAST) Program" -- " The Comprehensive Capital Analysis and Review (CCAR) Program" -- " A Comparison of DFAST and CCAR" -- " Market Reaction" -- " The Key Differences Between Stress Tests in Europe and in the USA" -- " The Institutional Architecture" -- " Market Concentration and Coverage" -- " The Credibility of the Fiscal Backstop" -- " The Different Degree of Detail in the Disclosed Results" -- " Concluding Remarks" -- "References" -- "Part IV: Cross-Border Banking" -- "17: The Banking Union: An Overview and Open Issues" -- " Introduction" -- " The Rationale for Banking Union" -- " Cross-Border Banking" -- " Inward Banking Flows" -- " Outward Banking Flows" -- " An Integrated Framework
Inhalt:
" How Does the Banking Union work?
Anmerkung:
Includes bibliographical references at the end of each chapters and index. Description based on online resource; title from PDF title page (Ebrary, viewed January 27, 2017)
Weitere Ausg.:
ISBN 9781137521439
Weitere Ausg.:
Erscheint auch als Druck-Ausgabe The Palgrave handbook of European banking London, United Kingdom : Palgrave Macmillan, 2016 ISBN 9781137521439
Weitere Ausg.:
ISBN 9781137521446
Weitere Ausg.:
Print version Beck, Thorsten The Palgrave Handbook of European Banking London : Palgrave Macmillan UK,c2016 ISBN 9781137521439
Sprache:
Englisch
Fachgebiete:
Wirtschaftswissenschaften
Schlagwort(e):
Europäische Union
;
Bank
;
Regulierung
URL:
Volltext
(lizenzpflichtig)
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