Mortgage‐backed Securitization and SME Lending During the Financial and Economic Crisis: Evidence from the Italian Cooperative Banking System

Abstract

I investigate the determinants of the securitization activities of Italian cooperative banks during the financial and economic crisis (2007–2014) and the impact of securitization on the supply of loans to SMEs. The less deposit‐funded, less profitable and less capitalized cooperative banks are, the more likely they are to securitize and the more likely it is that they will securitize to a larger extent. Furthermore, I find that securitization has not directly affected the supply of new SME loans. However, there is strong evidence of a risk‐rebalancing effect of securitization on the balance sheet, especially in the period 2010–2014.

Factors Affecting Cooperative Capital Adequacy (A Survey and Empirical Study of Indonesia's Pancasila Economic System)

“…This indicates that the four dimensions tend to affect the reserved ability of the cooperative revenues as capital variables simultaneously rather than separately. Source: AMOS Result, 2018 Table 7 reports the regression results of equation (11), equation (12), equation (13), equation (14) and equation (15). According to Table 7, the volatility of main saving (sp1) is a statistically significant determinant of the difficulty of cooperative capital borrowings (km3) and the significance increases in the simultaneous regression (equation 15).…”

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Supply Chain Resilience Among Smes Manufacturer In Malaysia- A Survey

“…The seven areas (measures) suggested are Financial, Cost, Time, Quality, Flexibility, Information sharing and Relationship. https://doi.org/10.15405/epsbs.2020.10.02.30 Corresponding Author: Ying Ying Tang Selection and peer-review under Barthélemy et al, 2017;bin Ibrahim, 2010;Brandon-Jones et al, 2014,;Casey & O'Toole, 2014;Castellani, 2018;Che & Liebenberg, 2017;Colicchia & Strozzi, 2012;Degryse et al, 2018;Ivashina & Scharfstein, 2009;Jiménez, et al, 2017;Park, 2011;Pettit, 2008) (Acquaye et al, 2018;Anand & Grover, 2015;Azzone et al , 1991;Bai & Sarkis, 2014;Bai & Sarkis, 2011;Beamon, 1999;Behzadi et al, 2018;Bichou, 2015;Chan & Qi, 2003;Chan, 2003;Chung et al, 2018;Esfahbodi et al, 2016;Govindan et al, 2015;Gunasekaran et al, 2004;Joshi et al, 2011;Maestrini et al, 2017;Mishra et al, 2018;Olugu & Wong, 2009;Palandeng et al, 2018;Prajogo et al, 2016;Rangaswamy & Subramanya, 2010;…”