edited by Lloyd P Blenman (University of North Carolina-Charlotte, USA), Harold A Black (University of Tennessee, USA), & Edward J Kane (Boston College, USA)

Table of Contents (36k)
Introduction (74k)
Chapter 1: Value-at-Risk Disclosures and the Implications on Bank Stakeholders (145k)

This timely collection of papers probes into the major issues that are at the heart of our current financial market crises. The coverage of banking topics include the changing nature of intra and inter-bank markets, bank lending behavior, risk and risk-taking, the role of liquidity, return and maturity transformation issues. Issues on international financial market volatility and spillover effects are analyzed in detail, and intense discussions on capital adequacy and regulation in banking, and the potential role of banks' activities in the triggering of financial crises provide forward-looking insights.

This volume will offer readers current and innovative approaches to assessing extant issues in banking and financial markets. In particular, it provides new ideas about the role of corporate governance institutions as signaling devices in exercising regulatory authority and protection of the shareholders' rights. What this volume covers in breadth, it also delves in depth with critical analyses and commentaries on the possible role of bank lending in triggering international crises, value creation in international joint ventures and the pricing of risk in international financial markets.

• Banking and International Finance:
  • Value-at-Risk Disclosures and the Implications on Bank Stakeholders (J Ball & V Fang)
  • Ex-Ante Versus Ex-Post Regulation of Bank Capital (A Daripa & S Varotto)
  • Effects of International Interbank Loans on Twin Crises (E Uluceviz & L Yildiran)
  • International Transmission Effects of Volatility Between Financial Markets in the G-7 Since the Introduction of the Euro (L Morales)
  • Country-of-Origin Determinants of Value Creation in International Joint Ventures: A Comparison of Hong Kong and US Investments in China (U R Mitto et al.)
  • Maturity Transformation Strategies and Interest Rate Risk of Financial Institutions: Evidence from the German Market (H Scholz et al.)
  • Asymmetries in the Market Price of Risk: Evidence from Latin America (G Soydemir et al.)
• Corporate Finance and Investments:
  • Corporate Governance Institutions as Signaling and Commitment Devices (A Baglioni)
  • Managing the Costs of Issuing Common Equity: The Role of Registration Choice (J E Bethel & L Krigman)
  • The Impact of Arrangers and Buyout Sponsors on Loan Pricing in LBOs: A Cross Border Study (K Daniels & I Morgan)
  • Ownership Control and Valuation Changes for Earning Announcements Around US Cross-Listings by Canadian Firms (L Kryzanowski & A Rubalcava)
  • Analysis of the Investment Potential and Inflation-Hedging Ability of Precious Metals (J R McCown & J R Zimmerman)
  • Corporate Governance and Ownership Structure in Emerging Markets: Evidence from Latin America (D Cueto)
  • Asymmetric Impact of News on Stock Return Volatility (J-Y Song)