No Stress III: The Flaws in the Bank of England's 2016 Stress Tests
(2017)
Report
Dowd, K. (2017). No Stress III: The Flaws in the Bank of England's 2016 Stress Tests. [No known commissioning body]
Outputs (48)
Selginian Free Banking: A Comment on George Selgin’s Lecture (2017)
Book Chapter
Dowd, K. (2017). Selginian Free Banking: A Comment on George Selgin’s Lecture. In Financial Stability without Central Banks (37-48). Institute of Economic Affairs
A Trade Policy for a Brexited Britain (2017)
Report
Dowd, K. (2017). A Trade Policy for a Brexited Britain. Institute of Economic Affairs
Open for innovation or bribery to secure bank finance in an emerging economy: A model and some evidence (2017)
Journal Article
Tian, X., Ruan, W., & Xiang, E. (2017). Open for innovation or bribery to secure bank finance in an emerging economy: A model and some evidence. Journal of Economic Behavior and Organization, 142, https://doi.org/10.1016/j.jebo.2017.08.002
Nonperforming loans in the GCC banking sectors: Does the Islamic finance matter? (2017)
Journal Article
Alandejani, M., & Asutay, M. (2017). Nonperforming loans in the GCC banking sectors: Does the Islamic finance matter?. Research in International Business and Finance, 42, 832-854. https://doi.org/10.1016/j.ribaf.2017.07.020This paper investigates the bank-level and country-level factors determining nonperforming loans (NPL) in the commercial banking industry of Gulf Cooperation Council (GCC) countries. Specifically; it examines the impact of the sectoral distribution f... Read More about Nonperforming loans in the GCC banking sectors: Does the Islamic finance matter?.
Contagion in cyber security attacks (2017)
Journal Article
Baldwin, A., Gheyas, I., Ioannidis, C., Pym, D., & Williams, J. (2017). Contagion in cyber security attacks. Journal of the Operational Research Society, 68(7), 780-791. https://doi.org/10.1057/jors.2016.37Systems security is essential for the efficient operation of all organizations. Indeed, most large firms employ a designated ‘Chief Information Security Officer’ to coordinate the operational aspects of the organization’s information security. Part o... Read More about Contagion in cyber security attacks.
The Work-Averse Cyber Attacker Model: Theory and Evidence From Two Million Attack Signatures (2017)
Preprint / Working Paper
Allodi, L., Massacci, F., & Williams, J. The Work-Averse Cyber Attacker Model: Theory and Evidence From Two Million Attack SignaturesA common presumption is that the typical cyber attacker is assumed to exploit all possible vulnerabilities with almost equal likelihood. That is, the probability of an attack on a given vulnerability is at maximum entropy, one cannot importance sampl... Read More about The Work-Averse Cyber Attacker Model: Theory and Evidence From Two Million Attack Signatures.
Ownership Structure and the Choice of SEO Issue Method in the UK (2017)
Journal Article
Andrikopoulos, P., Sun, J., & Guo, M. (2017). Ownership Structure and the Choice of SEO Issue Method in the UK. International Journal of Managerial Finance, 13(4), 378-396. https://doi.org/10.1108/ijmf-04-2017-0069Purpose This study analyses the role of ownership characteristics in a firm’s choice of alternative seasoned equity offering methods, offer price discounts and market reactions to such announcements within the UK setting. Design/methodology/approach... Read More about Ownership Structure and the Choice of SEO Issue Method in the UK.
The impact of managerial ability on crisis-period corporate investment (2017)
Journal Article
Andreou, P., Karasamani, I., Louca, C., & Ehrlich, D. (2017). The impact of managerial ability on crisis-period corporate investment. Journal of Business Research, 79, 107-122. https://doi.org/10.1016/j.jbusres.2017.05.022In this study, we document a strong positive relation between pre-crisis managerial ability and corporate investment during the crisis period, which remains robust in the presence of a large array of control variables capturing corporate governance a... Read More about The impact of managerial ability on crisis-period corporate investment.
Does a CEO's Cultural Heritage Affect Performance under Competitive Pressure? (2017)
Journal Article
Nguyen, D., Hagendorff, J., & Eshraghi, A. (2018). Does a CEO's Cultural Heritage Affect Performance under Competitive Pressure?. The Review of Financial Studies, 31(1), 97-141. https://doi.org/10.1093/rfs/hhx046We exploit variation in the cultural heritage across U.S. CEOs who are the children or grandchildren of immigrants to demonstrate that the cultural origins of CEOs matter for corporate outcomes. Following shocks to industry competition, firms led by... Read More about Does a CEO's Cultural Heritage Affect Performance under Competitive Pressure?.