Search results for "Intermediation"
showing 10 items of 27 documents
Economic Support during the COVID Crisis. Quantitative Easing and Lending Support Schemes in the UK
2021
Abstract We investigate how UK bank business lending responded to the simultaneous use of quantitative easing, leverage ratio capital requirements, and government COVID lending support schemes. We find no evidence that the Brexit wave increased lending to nonfinancial businesses, compared to the previous waves, except for QE-banks subject to the UK leverage ratio, suggesting that the ratio incentivised QE-banks to lend to businesses. The government schemes helped expand lending especially to SMEs post the COVID wave, indicating that complementing QE with other credit easing programmes can reinforce its impact on lending to the real economy. During COVID-stress, changes to the UK leverage ra…
Servicios de intermediación en línea en Europa : diseño de un sistema específico de solución de controversias
2021
Este trabajo analiza el sistema de solución de controversias específicamente diseñado, con la introducción de alternativas a la jurisdicción, en el Reglamento (UE) 2019/1150 sobre el fomento de la equidad y la transparencia para los usuarios profesionales de servicios de intermediación en línea, que ha entrado recientemente en vigor.
The changing structure of banking firms and industry: an analysis through the European banks' balance sheets
2013
This paper analyzes the changing structure of the Italian and European banking firms and industry. The main aim is to identify the fundamental changes of the underlying economics of banking through the analysis of banks’ balance sheets. In this paper, we provide evidence that commercial banks have progressively moved from traditional banking to new forms of financial intermediation. The paper discusses the implications of this changes in terms of business models of banking firms, business operations of banks, structure of the financial system and banking industry. The research points out that the role of traditional bank is in decline. It is changing the fundamentals of banking business. Ba…
Un bastion de la résistance aux IFRS, la macro-couverture
2016
The lingering memory of the opposition within the EU to the endorsement of IAS 39 is still very much alive, and the so - called “carve out” standard is a daily remembrance of this fact . It is most commonly associated with the widespread use, within this standard, of the fair - value. This presentation aims at studying another battlefield, the banking practice of macro - hedging and the way French banks are still accounting for it. To This topic will be dealt with through the economic models at stake and their impact on the financial statements, in order to observe how an entity may, or may not, account for this specific activity.
Challenges and directions for Blockchain technology applied to Demand Response and Vehicle-to-Grid scenarios
2021
Abstract Nowadays, Blockchain is considered a consolidated technology supporting many different applications that integrate well with Artificial Intelligence and the Internet of Things, and supports the creation of Decentralized Autonomous Organizations. Within this wider framework, the energy blockchain applications are now deserving more and more attention, since blockchain architectures, on one hand, provide transparency and solve the information asymmetry problem, on the other, provide disintermediation. In this way, the dream of an energy market closer to end-users becomes a reality, although, still, the regulatory framework is not clear, especially for what concerns the tokenization o…
Exploring Organized Interests in Post-Communist Policy-Making: The "Missing Link"
2021
This book examines organized interests in post-communist Central and Eastern Europe (CEE), providing incisive analyses in three critically important policy areas - healthcare, higher education and energy. The four countries surveyed – Poland, Hungary, Slovenia and the Czech Republic – afford rich diversity offering broad empirical material available for cross-country and cross-policy comparative analyses. Featuring interdisciplinary research, the book draws together recent developments in the evolution of post-communist advocacy organizations, their population ecology dynamics, interest intermediation, the influence of organized interests and their (bottom-up and top-down) Europeanization. …
Ecosystem dynamics: exploring the interplay within fintech entrepreneurial ecosystems
2021
AbstractScholars and practitioners continue to recognize the crucial role of entrepreneurial ecosystems (EEs) in creating a conducive environment for productive entrepreneurship. Although EEs are fundamentally interaction systems of hierarchically independent yet mutually dependent actors, few studies have investigated how interactions among ecosystem actors drive the entrepreneurial process. Seeking to address this gap, this paper explores how ecosystem actor interactions influence new ventures in the financial technology (fintech) EE of Singapore. Guided by an EE framework and the use of an exploratory-abductive approach, empirical data from semi-structured interviews is collected and ana…
Modelling Collaborative Logistics Policies that Impact the Performance of the Agricultural Sector
2018
The performance of the agricultural sector is considered a fundamental factor for achieving sustainability of the most vulnerable population as well to meet the world’s food needs. This is how countries like Colombia, recognize in their government plans the importance of the development of sector leveraged by infrastructures boosting their results, however, the instrumentation and design of public policies are a challenge for the governors given the dynamic complexity of the system. Through this research, we propose a model for the analysis of logistic public policies in the agricultural sector of the potato, where the collaboration through public-private partnerships (PPP) for the implemen…
The “I” between G and C: E-Government intermediaries in developing countries
2011
Published version of an article from the journal: The Electronic Journal of Information Systems in Developing Countries. Also available from the publisher: http://www.ejisdc.org/Ojs2/index.php/ejisdc/article/viewFile/826/371 While there has been a rapid growth in e-Government initiatives in developing countries, whether it has led to providing effective government services to the citizens has remained a question of concern. Evidence suggests that this objective is far from being met. The main hurdle has been that an overwhelming part of the citizens in these countries do not have the capability to either access government information physically or to use it effectively even when they can ac…
Governance and Scope Economies in Microfinance Institutions
2013
This paper studies the relation between board size and composition and cost savings (scope economies) from combining savings mobilization and lending by Microfinance Institutions. The findings support the hypothesis that employee representation on the board is associated with positive scope economies, possibly due to internal knowledge. However, CEO Chairman duality is associated with equal or larger probability of scope diseconomies, which is consistent with previous findings. Representation of other stakeholders on the MFI board does not affect scope economies. The results seem to support the notion that, in highly uncertain environments, group cohesion may be an advantageous mechanism of…