Bank Funding, Financial Instruments and Decision-Making in the Banking Industry: 2016 (Palgrave Macmillan Studies in Banking and Financial Institutions)

This book provides insight into current research topics in finance and banking in the aftermath of the financial crisis. Expert authors authoritatively analyse how banks finance their activities and resolve funding issues. Chapters specifically discuss financial instruments such as corporate bonds, IPOs, sukuks and microfinance investment vehicles (MIVs) in light of the importance of institutional funding gaps. The decision-making process within the banking industry with regard to long-range financial decisions and dividend policies is also discussed. Front Matter....Pages i-xx Introduction....Pages 1-5 Does Earnings Management Affect Banks’ Cost of Funding? An Empirical Investigation Across an European Sample....Pages 7-30 Volatility Linkages and Co-movements Between International Stocks and the Sukuk Market....Pages 31-61 Bank-Specific, Macroeconomic or Structural Variables: Which Explains Bank Enterprise Lending? The Evidence from Transition Countries....Pages 63-94 The Reputable Underwriting Matching in Corporate Bond Issuances: Evidence for Non-financial Bonds....Pages 95-115 New Financing Instruments to Bridge the Funding Gap: The Lesson from Italy....Pages 117-143 Microfinance Investment Vehicles: How Far Are They from OECD Social Impact Investment Definition?....Pages 145-191 Intellectual Capital Disclosure and IPO Results: Is It a Matter of Classification?....Pages 193-223 The Drivers of Dividend Policies in Europe....Pages 225-251 Long-Range Financial Decision-Making: The Role of Episodic Prospection ....Pages 253-277 Back Matter....Pages 279-284