Access to banking finance and exporting

Access to Banking Finance and Exporting

Using firm-level data from the manufacturing sector of Chile for the period 1995-2002, we examine whether access to finance increase the probability of exporting. To do that, we exploit information of firms ́ access to banking debt and changes in the real exchange rate (RER) to identify the causal effect of finance on exporting. This is an interesting setting given that the Chilean economy exper...

Money, Banking, and Finance

Centre for Banking and Finance

This paper examines the effectiveness of strategic planning in commercial banks and how management styles influence (or reflect influences) on diversification decisions within bank markets. The research is based on and further develops a framework proposed by Goold and Campbell (1987) and Goold et al. (1994) by testing the strategic response of banks to changes in their growth opportunities. Ch...

A Basic Guide to Contemporary Islamic Banking and Finance

I was asked by ISNA to produce a short guide to Islamic Banking and Finance for the Muslims of North America. To keep this guide short, we had to define our target audience rather carefully. This introductory guide is meant to address the Muslim who is familiar with the fundamental tenets and sources of legislation in Islam. The reader is not assumed to have elaborate prior knowledge of Islamic...

European Journal of Finance and Banking Research

A deterministic trading strategy by a representative investor on a single market asset, which generates complex and realistic returns with its first four moments similar to the empirical values of European stock indices, is used to simulate the effects of financial regulation that either pricks bubbles, props up crashes, or both. The results suggest that regulation makes the market process appe...