Imperial College London

Professor Franklin Allen

Business School

Executive Director of the Brevan Howard Centre
 
 
 
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Contact

 

+44 (0)20 7594 9195f.allen Website CV

 
 
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Location

 

2.05B52-53 Prince's GateSouth Kensington Campus

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Summary

 

Publications

Citation

BibTex format

@article{Allen:2015:10.1016/j.jcorpfin.2015.05.001,
author = {Allen, F and Jackowicz, K and Kowalewski, O and Kozlowski, L},
doi = {10.1016/j.jcorpfin.2015.05.001},
journal = {Journal of Corporate Finance},
pages = {494--515},
title = {Bank lending, crises, and changing ownership structure in Central and Eastern European countries},
url = {http://dx.doi.org/10.1016/j.jcorpfin.2015.05.001},
volume = {42},
year = {2015}
}

RIS format (EndNote, RefMan)

TY  - JOUR
AB - We examine the interactions of bank lending dynamics, ownership structures, and crisis phenomena in the banking systems of Central and Eastern European (CEE) countries. Using a panel dataset of more than 400 banks for the period from 1994–2010, we show that the impact of ownership structure on a bank’s lending activities in CEE countries was conditional upon the type of crisis, namely, whether it was a host, home, global, or simultaneous crisis. In contrast, our evidence indicates that bank-specific characteristics, such as deposit growth and profitability ratios, are significant determinants of credit growth during both normal economic times and crisis periods, regardless of the crisis type. Moreover, we provide indirect evidence of the benefits of banking sector diversification dependent upon the criterion of parent banks’ country of origin.
AU - Allen,F
AU - Jackowicz,K
AU - Kowalewski,O
AU - Kozlowski,L
DO - 10.1016/j.jcorpfin.2015.05.001
EP - 515
PY - 2015///
SN - 0929-1199
SP - 494
TI - Bank lending, crises, and changing ownership structure in Central and Eastern European countries
T2 - Journal of Corporate Finance
UR - http://dx.doi.org/10.1016/j.jcorpfin.2015.05.001
UR - http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000394471500028&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=1ba7043ffcc86c417c072aa74d649202
UR - http://hdl.handle.net/10044/1/49896
VL - 42
ER -