12 documents found, page 1 of 2

The effect of earnings management on bank efficiency: Evidence from ECB-supervi...

This study investigates the impact of earnings management on the efficiency of Eurozone banks, examining its chronological evolution until the implementation of International Financial Reporting Standard 9. Using data on 70 banks, we find that earnings management, defined as discretionary loan loss provisions, negatively affects efficiency. Meanwhile, when we also include non-discretionary provisions (those req...

Political connections and remuneration of bank boards’ members: moderating effe...

This study investigates the impact of political connections of members of banks’ Boards of Directors on these boards’ remuneration, and the infuence of gen‑ der diversity on this impact. Using a panel of observations on 69 eurozone banks supervised by the ECB for the period 2011 to 2019, and the generalized method of moments (GMM), our empirical results indicate that political connections nega‑ tively impact av...

Political Connections and Banking Performance: The Moderating Effect of Gender ...

The present study investigates the effect of gender diversity on the impact of board members' political connections on banking performance. Using panel data on 83 banks supervised by the European Central Bank (ECB) for the period 2013-2017, our results suggest that when gender diversity is high, there is a U-shaped nonlinear relationship between political connections and banking performance. Empirical evidence ...

Copula-based Tests for Nonclassical Measurement Error – The Case of Fractional ...

Endogeneity Issues in the Empirical Assessment of the Determinants of Loan Rene...

The Effect of Family Ownership, Control and Management on Corporate Debt Struct...

The present study examines the impact of family involvement on the debt structure of family businesses. Family corporate involvement is considered in three related but distinct dimensions: capital ownership, firm’s management and corporate control. The marginal effect of each of these three dimensions is specified as a unique regression parameter in a conditional mean model for the proportion of medium- plus lo...

Differentiated Impact of Spread Determinants by Personal Loan Category: Evidenc...

A GENERALIZED GOODNESS-OF-FUNCTIONAL FORM TEST FOR BINARY AND FRACTIONAL REGRES...

This paper proposes a new conditional mean test to assess the validity of binary and fractional parametric regression models. The new test checks the joint significance of two simple functions of the fitted index and is based on a very flexible parametric generalization of the postulated model. A Monte Carlo study reveals a promising behaviour for the new test, which compares favourably with that of the well-kn...

Heteroskedasticity testing through comparison of Wald-type statistics

This paper shows that a test for heteroskedasticity within the context of classical linear regression can be based on the difference between Wald statistics in heteroskedasticity-robust and nonrobust forms. The test is asymptotically distributed under the null hypothesis of homoskedasticity as chi-squared with one degree of freedom. The power of the test is sensitive to the choice of parametric restriction used...

A supremum-type RESET test for binary choice models

This note introduces a supremum-type RESET statistic for testing the specification of binary choice regression models. A Monte Carlo simulation study reveals very promising results for the proposed statistic.