Political environment and bank performance: Does bank size matter?

Kouzez, Marc

doi:10.1016/j.ecosys.2022.101056

Cited by 8 publications

(29 citation statements)

References 36 publications

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“…Finally, we figure out that the negative impacts of foreign ownership on the Z-score are even more pronounced when insurance firms have greater investor attention. These findings are consistent with research by Hao and Xiong (2021), M. Chen et al (2017), andKouzez (2021).…”

Section: Introductionsupporting

confidence: 92%

“…They argued that foreign owners would select new foreign managers who are often illinformed about conditions in the nations where they operate due to their limited understanding, resulting in higher risk. Besides, M. Chen et al (2017) and Kouzez (2021) reveal a positive relationship between foreign ownership and risky behavior. They demonstrated that foreign financial firms experience an informational disadvantage in a new market compared to domestic enterprises.…”

Section: Foreign Ownership and The Risk-taking Behavior Of Insurance ...mentioning

confidence: 94%

“…Investor Attention, Foreign Ownership, and the Risk-Taking Behavior of Insurance Companies Insurance companies owned by foreign entities tend to take on higher levels of risk due to a combination of factors. M. Chen et al (2017) and Kouzez (2021) shed light on this trend, highlighting that foreign financial firms, including insurers, often face an informational disadvantage when entering new markets compared to their domestic counterparts. This disadvantage arises from their limited familiarity with local market conditions, regulations, and consumer behaviors, which can lead to riskier decision-making.…”

Section: Foreign Ownership and The Risk-taking Behavior Of Insurance ...mentioning

confidence: 99%

“…Che (2019) and Kouzez (2021) conducted research in developed countries such as the US and France, and their findings indicated that foreign ownership (FO) increases risk. In contrast, Ehsan and Javid (2018) as well as Agoraki et al (2011) examined countries in developing and transitional stages, revealing that FO reduces risk.…”

Section: Introductionmentioning

confidence: 99%

“…While Duong et al (2022) focused on constructing the investor sentiment index, our study is the first to examine how investors' attention affects the risk-taking of insurance companies in Vietnam. Che (2019) and Kouzez (2021) conducted research in developed countries such as the US and France, and their findings indicated that foreign ownership (FO) increases risk. In contrast, Ehsan and Javid (2018) as well as Agoraki et al (2011) examined countries in developing and transitional stages, revealing that FO reduces risk.…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

Foreign Ownership, Investor Attention and the Risk-Taking Behavior of Property and Casualty Insurance Firms: Evidence From Vietnam

Nguyen,

Le,

Luu

et al. 2023

SAGE Open

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This study enriches the current literature because it is the first to examine how foreign ownership and Investor attention affect the risk-taking behaviors of property and casualty insurance companies in Vietnam. This study is unique because it tests whether foreign ownership moderates the relationship between investor attention and the risk-taking behavior of insurance firms or vice versa. This study employs the Random Effect Models, Generalized Least Squares, Johnson-Neyman test, and simple slope analyses to analyze 28 property and casualty insurance companies from 2010 to 2022. The findings indicate that foreign ownership and investor attention increases the risk-taking behaviors of insurance firms. Moreover, the findings indicate that foreign ownership moderates the relationship between investor attention and the risk-taking behavior of insurance firms in Vietnam. The findings align with agency theory, stakeholder theory, limited attention theory, and prior literature. This study supports managers and policymakers in developing the insurance sector sustainably, especially in emerging markets.

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Section: Introductionsupporting

confidence: 92%

Section: Foreign Ownership and The Risk-taking Behavior Of Insurance ...mentioning

confidence: 94%

Section: Foreign Ownership and The Risk-taking Behavior Of Insurance ...mentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Foreign Ownership, Investor Attention and the Risk-Taking Behavior of Property and Casualty Insurance Firms: Evidence From Vietnam

Nguyen,

Le,

Luu

et al. 2023

SAGE Open

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Legal origin and bank lending behavior in developing countries: The mediating role of revenue diversification

Kamau,

Simo‐Kengne

2024

J Corp Accounting Finance

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This paper explores the relationship between legal origin, revenue diversification, and bank lending behavior. The analysis is based on a sample of 2590 commercial banks operating in 139 developing countries from 2004 to 2022. Using various panel data estimation techniques and alternative measures of bank lending behavior, the results indicate that banks in common law countries experience lower levels of loan growth compared to their counterparts in civil law countries. The study results also show that revenue diversification indirectly alleviates the negative effect of loan growth in banks originating from a common law legal origin. Notably, this effect is not observed in banks within low‐income and African countries, highlighting the importance of policies aimed at enhancing institutional capacity within their legal and judicial systems. Overall, the results of this study underscore the significance of legal origins in shaping the lending dynamics of banks in developing countries.

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Diversification and bank stability: Role of political instability and climate risk

Shabir,

Jiang,

Shahab

et al. 2024

International Review of Economics & Finance

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Political environment and bank performance: Does bank size matter?

Cited by 8 publications

References 36 publications

Foreign Ownership, Investor Attention and the Risk-Taking Behavior of Property and Casualty Insurance Firms: Evidence From Vietnam

Foreign Ownership, Investor Attention and the Risk-Taking Behavior of Property and Casualty Insurance Firms: Evidence From Vietnam

Legal origin and bank lending behavior in developing countries: The mediating role of revenue diversification

Diversification and bank stability: Role of political instability and climate risk

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