Essays about: "non-bank"
Showing result 1 - 5 of 11 essays containing the word non-bank.
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1. Institutional Involvement in Syndicated Project Finance Loans
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : In accordance with the framework of the Double Degree Programme in Finance between Stockholm School of Economics (Home School) and Università Commerciale Luigi Bocconi (Host School), the first part of this thesis was written, submitted, and defended at Università Commerciale Luigi Bocconi and deals with the impact of non-bank lenders on two distinct loan determinants of syndicated project finance loans, that is loan spreads and loan tenors. Focusing on these specific loans, the author finds that the spread and the tenor at issuance, differ substantially for loans in which institutional lenders are involved compared to bank-only loans. READ MORE
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2. The Characteristics of Successful M&A - A Case Study on Handelsbanken's Acquisition of Heartwood
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : Some finance scholars argue that mergers and acquisitions (M&A) provide little to no value to the parties involved in the transaction, especially the acquirer. Such conclusions are usually drawn from analyzing the impact of the transaction on tangible quantitative measures such as stock price and return-based metrics. READ MORE
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3. Systemic Risk of China’s Financial Sector: Evidence from the Stock Market
University essay from Lunds universitet/Ekonomisk-historiska institutionenAbstract : China, with the fast developing financial market, experienced two dramatic stock market crisis in recent ten years under government constrains. Thus, monitoring the systemic risk in China is crucial and meaningful. This paper applies CoVaR methodology to measure the dynamic systemic risk of China’s financial market from 1996 to 2016. READ MORE
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4. Corporate Cash Holdings and the Refinancing Risk of Bank Debt and Non-Bank Debt
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : We empirically examine the relationship between a firm's debt composition and refinancing risk. In particular, we analyze the effects of non-bank debt on refinancing risk as the existing literature shows that both the ex-ante and ex-post costs of refinancing problems are higher for non-bank debt than for bank debt. READ MORE
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5. Bank Lending Channel, the Risk-Capital-Efficiency Relationship and Loan Determinants in Sweden
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : I examine (1) the existence of a bank lending channel, (2) the risk-capital-efficiency relationship and (3) loan determinants for Swedish banks during the 2000s. I build my own unique dataset of quarterly bank data and complementary non-bank data. READ MORE
