Lending Behavior of Multinational Bank Affiliates

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985556%3A_____%2F11%3A00354315" target="_blank" >RIV/67985556:_____/11:00354315 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Lending Behavior of Multinational Bank Affiliates

Original language description

We study the parent influence on lending by affiliates of a multinational bank. In the proposed theoretical model, local lending is influenced by shareholder-affiliate manager delegation and precautionary motives. The outcome is either contagion (the loan volume in the affiliate follows the direction of the parent bank country shock) or performance-based reallocation of funds (substitution), depending on the degree of manager delegation in the affiliate and the liquidity-sensitivity in the parent bank.Empirical investigation, deliberately conducted on a sample not covering the latest financial crisis, shows that also in ?normal times, multinational banks that are likely to delegate lending decisions or be more liquidity-sensitive are more inclined towards contagionist behavior.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

Z - Vyzkumny zamer (s odkazem do CEZ)

Publication year

2011

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

RISK GOVERNANCE & CONTROL: Financial Markets and Institutions

ISSN

2077-429X

e-ISSN

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Volume of the periodical

1

Issue of the periodical within the volume

1

Country of publishing house

UA - UKRAINE

Number of pages

18

Pages from-to

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UT code for WoS article

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EID of the result in the Scopus database

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