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Tekijä:Dinc, I.S.
Otsikko:Politicians and banks: political influences on government-owned banks in emerging markets
Lehti:Journal of Financial Economics
2005 : AUG, VOL. 77:2, p. 453-479
Asiasana:banking
company ownership
corporate governance
corruption
political economy
Kieli:eng
Tiivistelmä:Government ownership of banks is very common in countries other than the USA. Cross-country, bank-level empirical evidence about political influences on these banks is provided in this article. It is shown that government-owned banks increase their lending in election years relative to private banks. This effect is robust to controlling for country-specific macroeconomic and institutional factors as well as bank-specific factors
SCIMA tietueen numero: 260505
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