Credit Markets with Ethical Banks and Motivated Borrowers
نویسندگان
چکیده
منابع مشابه
Credit Markets with Ethical Banks and Motivated Borrowers
This paper investigates banks’ corporate social responsibility. The credit market is composed of two sectors: one for standard and one for ethical projects. Since ethical banks are committed to investing in ethical projects, standard and ethical banks compete in the market for ethical projects. The latter have also a social profitability, but a lower expected revenue with respect to standard on...
متن کاملCourts and Banks: Effects of Judicial Enforcement on Credit Markets
The cost of enforcing contracts is a key determinant of market performance. We document this point with reference to the credit market. We start by presenting a model of opportunistic debtors and inefficient courts. According to the model, improvements in judicial efficiency reduce credit rationing and increase lending, while have an ambiguous effect on interest rates, depending on banking comp...
متن کاملCost Stickiness and Banks Credit Risk
The credit risk in banks is a function of the profitability and quality of bank assets. Moreover, cost stickiness also affects the quality of assets and profitability of banks. To achieve the research aims, is to explore relationship between cost stickiness and banks credit risk were tested and analyzed is based on pooling data from 21 banks in duration 2012-2019. The findings show that there i...
متن کاملBanks, Markets and Liquidity
The banking sector is one of the most highly regulated sectors in the economy. However, in contrast to other regulated sectors there is no wide agreement on the market failures that justify regulation. We suggest that there are two important failures. The fi rst is a coordination problem that arises because of multiple equilibria. If people believe there is going to be a panic then that can be ...
متن کاملSperm Banks - Ethical Considerations
A sperm donor will be biological father of every child produced as a result of his donation. However, he is not intended to be a legal father. Sperm can be stored for as long as twenty years. However, only 50% of the sperm cells survive that time and have normal capability to fertilize the egg. The first successful artificial insemination of a woman with her husband's sperm was recorded in 1790...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Review of Finance
سال: 2014
ISSN: 1572-3097,1573-692X
DOI: 10.1093/rof/rfu030