Do political connections matter for bank efficiency in times of crisis?
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Otros documentos de la autoría: Abdelsalam, Omneya; Mollah, Professor Sabur; Tortosa-Ausina, Emili; EL-MASRY, AHMED
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Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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Título
Do political connections matter for bank efficiency in times of crisis?Fecha de publicación
2024-01-23Editor
John Wiley and Sons LtdISSN
1076-9307Cita bibliográfica
Abdelsalam, O., Mollah, S., Tortosa-Ausina, E., & El-Masry, A. A. (2024). Do political connections matter for bank efficiency in times of crisis? International Journal of Finance & Economics, 1–24. https://doi.org/10.1002/ijfe.2927Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
https://onlinelibrary.wiley.com/doi/full/10.1002/ijfe.2927Versión
info:eu-repo/semantics/publishedVersionPalabras clave / Materias
Resumen
Do political connections affect bank efficiency during crises? This study addresses this question by adopting a two-stage approach that performs a quantile regression analysis on a unique dataset of listed banks in a ... [+]
Do political connections affect bank efficiency during crises? This study addresses this question by adopting a two-stage approach that performs a quantile regression analysis on a unique dataset of listed banks in a region that has witnessed both financial and political crises, namely the Middle East and North Africa. Our results show that political connections are a driving force behind bank inefficiency. We find that the least efficient banks have the most significant association with political connections, thus supporting bailout theory. We also find that political connections influenced the efficiency of banks during the financial crisis, but not during the regional political crisis. Our results provide new evidence on the applicability of established political connection theories during political turmoil. [-]
Publicado en
International Journal of Finance & Economics (2024)Entidad financiadora
Generalitat Valenciana | Universitat Jaume I | Ministerio de Ciencia e Innovación
Código del proyecto o subvención
CIPROM/2022/50 | UJI‐B2020‐27 | PID2020‐115450GB‐I00
Derechos de acceso
© 2024 The Authors.
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
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