Pub Date : 2023-11-09DOI: 10.1142/s2282717x23500081
Vincenzo Pacelli, Francesca Pampurini, Anna Grazia Quaranta
We observe the main efficiency drivers of European Banking Groups after the burst of the Global Financial Crisis. This analysis is a live issue within the studies in the field of intermediation. The observed period (2010–2021) is emblematic of the complexity of the financial market in the last two decades. The efficiency levels derive from a stochastic frontier approach; a k-means cluster analysis distinguishes the units into three homogeneous groups, so that the main determinants of the higher level of efficiency can be identified. They are linked to a particular business model, specific managerial choices, costs rationalization and liquidity optimization.
{"title":"Analysing banks' performance during the recent breakdowns. Which were its main drivers?","authors":"Vincenzo Pacelli, Francesca Pampurini, Anna Grazia Quaranta","doi":"10.1142/s2282717x23500081","DOIUrl":"https://doi.org/10.1142/s2282717x23500081","url":null,"abstract":"We observe the main efficiency drivers of European Banking Groups after the burst of the Global Financial Crisis. This analysis is a live issue within the studies in the field of intermediation. The observed period (2010–2021) is emblematic of the complexity of the financial market in the last two decades. The efficiency levels derive from a stochastic frontier approach; a k-means cluster analysis distinguishes the units into three homogeneous groups, so that the main determinants of the higher level of efficiency can be identified. They are linked to a particular business model, specific managerial choices, costs rationalization and liquidity optimization.","PeriodicalId":34440,"journal":{"name":"Journal of Financial Management Markets and Institutions","volume":" 87","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135191838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In recent years, the issue of environmental pollution and climate change has led the scientific debate to focus on social issues, environmental protection, and human rights, deepening the topic of sustainable economic development. To provide stakeholders evidence on economic, environmental, and social performance, all corporate organizations must supplement traditional financial reporting tools with Non-financial information, following numerous standards, frameworks, and guidelines. The topic of Non-financial disclosure is widely investigated with reference to industrial companies, while the financial institution sector represents a context that is still little explored. Indeed, financial institutions are significant promoters of Corporate Social Responsibility (CSR), and even if their operations do not have direct impacts on the environment, they can encourage the allocation of their capital in socially responsible investments, thus contributing to the spread of sustainability culture in the financial system and among citizens. This paper analyzes the main sustainability frameworks, standards, and guidelines used by global systemically important banks (G-SIBs) for disclosure on environmental aspects along with social and governance factors, investigating the attention degree of financial institutions toward the sustainability issue.
{"title":"Sustainability Reporting: Evidence From Global Systemically Important Banks (G-SIBs)","authors":"Graziana Galeone, Simona Ranaldo, Matilda Shini, Grazia Dicuonzo","doi":"10.1142/s2282717x23500111","DOIUrl":"https://doi.org/10.1142/s2282717x23500111","url":null,"abstract":"In recent years, the issue of environmental pollution and climate change has led the scientific debate to focus on social issues, environmental protection, and human rights, deepening the topic of sustainable economic development. To provide stakeholders evidence on economic, environmental, and social performance, all corporate organizations must supplement traditional financial reporting tools with Non-financial information, following numerous standards, frameworks, and guidelines. The topic of Non-financial disclosure is widely investigated with reference to industrial companies, while the financial institution sector represents a context that is still little explored. Indeed, financial institutions are significant promoters of Corporate Social Responsibility (CSR), and even if their operations do not have direct impacts on the environment, they can encourage the allocation of their capital in socially responsible investments, thus contributing to the spread of sustainability culture in the financial system and among citizens. This paper analyzes the main sustainability frameworks, standards, and guidelines used by global systemically important banks (G-SIBs) for disclosure on environmental aspects along with social and governance factors, investigating the attention degree of financial institutions toward the sustainability issue.","PeriodicalId":34440,"journal":{"name":"Journal of Financial Management Markets and Institutions","volume":"12 12","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135728102","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-04DOI: 10.1142/s2282717x2350010x
Stefania Sylos Labini, Iryna Nyenno
Climate change and technological innovation expose banks to “new risks.” The COVID-19 pandemic has accelerated and amplified these effects. This paper investigates how the traditional tool of the risk map can incorporate these “new risks” for banks. We develop the configuration of the risk map under the influence of the COVID-19 pandemic in the context of economy digitalization for an anonymous Bank X. We show that the risk map is still a useful tool for identifying risks in banks, appreciable for its simplicity and adaptability especially in evolving contexts. The main contribution is the construction of a methodological framework that is useful for operators and provides banking industry decision makers with a supporting tool to adequately respond to the changing environment.
{"title":"Risk Mapping as a Form of Banking Immunity Response to Covid-19 Pandemic","authors":"Stefania Sylos Labini, Iryna Nyenno","doi":"10.1142/s2282717x2350010x","DOIUrl":"https://doi.org/10.1142/s2282717x2350010x","url":null,"abstract":"Climate change and technological innovation expose banks to “new risks.” The COVID-19 pandemic has accelerated and amplified these effects. This paper investigates how the traditional tool of the risk map can incorporate these “new risks” for banks. We develop the configuration of the risk map under the influence of the COVID-19 pandemic in the context of economy digitalization for an anonymous Bank X. We show that the risk map is still a useful tool for identifying risks in banks, appreciable for its simplicity and adaptability especially in evolving contexts. The main contribution is the construction of a methodological framework that is useful for operators and provides banking industry decision makers with a supporting tool to adequately respond to the changing environment.","PeriodicalId":34440,"journal":{"name":"Journal of Financial Management Markets and Institutions","volume":"12 11","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135728103","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-03DOI: 10.1142/s2282717x23500147
Qiuhong Zhao, Dana A. Forgione
{"title":"The Impact of SFAS166/167 on Bank Liquidity and Lending","authors":"Qiuhong Zhao, Dana A. Forgione","doi":"10.1142/s2282717x23500147","DOIUrl":"https://doi.org/10.1142/s2282717x23500147","url":null,"abstract":"","PeriodicalId":34440,"journal":{"name":"Journal of Financial Management Markets and Institutions","volume":"39 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135868458","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-20DOI: 10.1142/s2282717x23500093
Elisabetta D'Apolito, Pasquale Di Biase, Stefania Sylos Labini
{"title":"How much impact do banks and insurance companies have on the environment? Evidence from Italy","authors":"Elisabetta D'Apolito, Pasquale Di Biase, Stefania Sylos Labini","doi":"10.1142/s2282717x23500093","DOIUrl":"https://doi.org/10.1142/s2282717x23500093","url":null,"abstract":"","PeriodicalId":34440,"journal":{"name":"Journal of Financial Management Markets and Institutions","volume":"30 7","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135567051","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-28DOI: 10.1142/s2282717x2350007x
Lu Wang
{"title":"The Effect of Mergers and Acquisitions on Bank Risk Taking","authors":"Lu Wang","doi":"10.1142/s2282717x2350007x","DOIUrl":"https://doi.org/10.1142/s2282717x2350007x","url":null,"abstract":"","PeriodicalId":34440,"journal":{"name":"Journal of Financial Management Markets and Institutions","volume":"137 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-07-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89149394","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-23DOI: 10.1142/s2282717x23500068
Andrea Viola
{"title":"The Efficiency of the Network Organizational Structure of Cooperative Banks","authors":"Andrea Viola","doi":"10.1142/s2282717x23500068","DOIUrl":"https://doi.org/10.1142/s2282717x23500068","url":null,"abstract":"","PeriodicalId":34440,"journal":{"name":"Journal of Financial Management Markets and Institutions","volume":"101 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81408550","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-20DOI: 10.1142/s2282717x23500056
Nicola Del Sarto, L. Gai, F. Ielasi
{"title":"Financial innovation: the impact of blockchain technologies on financial intermediaries","authors":"Nicola Del Sarto, L. Gai, F. Ielasi","doi":"10.1142/s2282717x23500056","DOIUrl":"https://doi.org/10.1142/s2282717x23500056","url":null,"abstract":"","PeriodicalId":34440,"journal":{"name":"Journal of Financial Management Markets and Institutions","volume":"279 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76292605","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：