搜索结果: 1-3 共查到“经济学 ciency”相关记录3条 . 查询时间(0.046 秒)
The Organization of Bank A￠ liates; A Theoretical Perspective on Risk and E￠ ciency
bank organization bank risk Ö nancial synergies default costs bailouts
2014/6/23
We analyze theoretically banks choice of organization and leverage in branches or subsidiaries in the presence of economic and Önancial synergies, government bailouts and bankruptcy costs. We com...
This paper provides a critical evaluation of a widely made argument that
stock prices in markets with lower return R2
are more e￠ cient. We show that in
a standard rational expectations model, retu...