Prioritization of Workplace Practices: Evidence from Islamic financial institutions

Decentralization in Financial Institutions: Theory and Evidence from China*

Decentralization facilitates more efficient use of local information but also can lead to agency problems and commitment failures. This paper develops simple models of a twotier hierarchy (the center vs. the local) to study the optimal division of lending authority between central and local bank managers. Using a unique data set collected by the authors from a survey of rural financial institut...

Quality Of Trading Risk Management Practices Varies In Financial Institutions

During the late fall of 2004, Standard & Poor’s Ratings Services conducted global in-depth reviews of the trading risk management (TRM) practices at 23 leading financial institutions. The reviews entailed detailed interviews and presentations by senior management of the institutions surveyed to Standard and Poor’s. This article provides the findings of that survey and explains the process and m...

Prerequisites For Effectiveness Of Resource Mobility In Islamic Financial Institutions (IFIs)

Corporate governance in the 2007¬タモ2008 financial crisis: Evidence from financial institutions worldwide

Article history: Received 27 September 2011 Received in revised form 15 January 2012 Accepted 17 January 2012 Available online 28 January 2012 This paper investigates the influence of corporate governance on financial firms' performance during the 2007–2008 financial crisis. Using a unique dataset of 296 financial firms from 30 countries that were at the center of the crisis, we find that firms...

Social and financial efficiency of Islamic microfinance institutions: A Data Envelopment Analysis application

Microfinance has been developed as alternative solution for global poverty alleviation effort in the last 30 years. Microfinance institution (MFI) has unique characteristic wherein they face double bottom line objectives of outreach to the poor and financial sustainability. This study proposes a two-stage analysis to measure Islamic Microfinance institutions (IMFIs) performance by comparing the...