Add to ORKGWe use panel data on the intra-group ownership structure and balance sheets of 45 of the largest banking groups to analyse what determines the credit growth of their subsidiaries. We find that the lending of multinational bank subsidiaries is influenced by substitution effects, as parent banks trade-off lending in several countries, and support effects, as parent banks support weak subsidiaries. This provides evidence for the existence of internal capital markets through which multinational banks manage the credit growth of their subsidiaries. Greenfield subsidiaries appear to be more closely integrated into internal capital markets than subsidiaries that result from a take-over
We use focused interviews with managers of foreign parent banks and their affiliates in Central Euro...
The systemic role of foreign banks in the CESEE region coupled with the turbulence in financial mark...
We use focused interviews with managers of foreign parent banks and their affiliates in Central Euro...
We use new panel data on the intra-group ownership structure and the balance sheets of 45 of the lar...
We use new panel data on the intra-group ownership structure and the balance sheets of 45 of the lar...
We use focused interviews with bank managers to analyse how multinational banks use internal capital...
We use focused interviews with bank managers to analyse how multinational banks use internal capital...
Recent empirical evidence has shown that internal capital markets within multinational corporations ...
Recent empirical evidence has shown that internal capital markets within multinational corporations ...
Using bank-level data on 368 foreign subsidiaries of 68 multinational banks in 47 emerging economies...
A growing literature investigates the role of internal capital markets in mitigating financial const...
We investigate how solvency and wholesale funding shocks to 84 OECD parent banks affect the lending ...
This study investigates external subsidiary debt financing and its implications for internal capital...
On the basis of focused interviews with managers of foreign parent banks and their affiliates in Cen...
We use data on the 48 largest multinational banking groups to compare the lending of their 199 forei...
We use focused interviews with managers of foreign parent banks and their affiliates in Central Euro...
The systemic role of foreign banks in the CESEE region coupled with the turbulence in financial mark...
We use focused interviews with managers of foreign parent banks and their affiliates in Central Euro...
We use new panel data on the intra-group ownership structure and the balance sheets of 45 of the lar...
We use new panel data on the intra-group ownership structure and the balance sheets of 45 of the lar...
We use focused interviews with bank managers to analyse how multinational banks use internal capital...
We use focused interviews with bank managers to analyse how multinational banks use internal capital...
Recent empirical evidence has shown that internal capital markets within multinational corporations ...
Recent empirical evidence has shown that internal capital markets within multinational corporations ...
Using bank-level data on 368 foreign subsidiaries of 68 multinational banks in 47 emerging economies...
A growing literature investigates the role of internal capital markets in mitigating financial const...
We investigate how solvency and wholesale funding shocks to 84 OECD parent banks affect the lending ...
This study investigates external subsidiary debt financing and its implications for internal capital...
On the basis of focused interviews with managers of foreign parent banks and their affiliates in Cen...
We use data on the 48 largest multinational banking groups to compare the lending of their 199 forei...
We use focused interviews with managers of foreign parent banks and their affiliates in Central Euro...
The systemic role of foreign banks in the CESEE region coupled with the turbulence in financial mark...
We use focused interviews with managers of foreign parent banks and their affiliates in Central Euro...