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Bank portfolio exposure to emerging markets and its effects on bank market value

✍ Scribed by Gary S. Fissel; Lawrence Goldberg; Gerald A. Hanweck

Book ID
116614677
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
209 KB
Volume
30
Category
Article
ISSN
0378-4266

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Government ownership of banks is very common in countries other than the United States. This paper provides cross-country, bank-level empirical evidence about political influences on these banks. It shows that government-owned banks increase their lending in election years relative to private banks.