The Experts below are selected from a list of 97395 Experts worldwide ranked by ideXlab platform
Vahid Saadi - One of the best experts on this subject based on the ideXlab platform.
-
Public Bank Guarantees and Allocative Efficiency
Journal of Monetary Economics, 2019Co-Authors: Robert E. Gropp, Andre Guettler, Vahid SaadiAbstract:In the wake of the recent financial crisis, many governments extended Public guarantees to Banks. We take advantage of a natural experiment, in which long-standing Public guarantees were removed for a set of German Banks following a lawsuit, to identify the real effects of these guarantees on the allocation of credit ('allocative efficiency'). Using matched Bank/firm data, we find that Public guarantees reduce allocative efficiency. With guarantees in place, poorly performing firms invest more and maintain higher rates of sales growth. Moreover, firms produce less efficiently in the presence of Public guarantees. Consistently, we show that guarantees reduce the likelihood that firms exit the market. These findings suggest that Public guarantees hinder restructuring activities and prevent resources to flow to the most productive uses.
-
Public Bank guarantees and allocative efficiency
Social Science Research Network, 2015Co-Authors: Reint Gropp, Andre Guettler, Vahid SaadiAbstract:We use a natural experiment and matched Bank/firm data to identify the effects of Bank guarantees on allocative efficiency. We find that with guarantees in place unproductive firms invest more and maintain higher rates of sales growth. Moreover, firms produce less productively. Firms also survive longer in Banks’ portfolios and those that enter guaranteed Banks’ portfolios are less productive. Finally, we observe fewer economy-wide firm exits and Bankruptcy filings in the presence of guarantees. Overall, the results are consistent with the idea that guaranteed Banks keep unproductive firms in business for too long and prevent their exit from the market.
Andre Guettler - One of the best experts on this subject based on the ideXlab platform.
-
Public Bank Guarantees and Allocative Efficiency
Journal of Monetary Economics, 2019Co-Authors: Robert E. Gropp, Andre Guettler, Vahid SaadiAbstract:In the wake of the recent financial crisis, many governments extended Public guarantees to Banks. We take advantage of a natural experiment, in which long-standing Public guarantees were removed for a set of German Banks following a lawsuit, to identify the real effects of these guarantees on the allocation of credit ('allocative efficiency'). Using matched Bank/firm data, we find that Public guarantees reduce allocative efficiency. With guarantees in place, poorly performing firms invest more and maintain higher rates of sales growth. Moreover, firms produce less efficiently in the presence of Public guarantees. Consistently, we show that guarantees reduce the likelihood that firms exit the market. These findings suggest that Public guarantees hinder restructuring activities and prevent resources to flow to the most productive uses.
-
Public Bank guarantees and allocative efficiency
Social Science Research Network, 2015Co-Authors: Reint Gropp, Andre Guettler, Vahid SaadiAbstract:We use a natural experiment and matched Bank/firm data to identify the effects of Bank guarantees on allocative efficiency. We find that with guarantees in place unproductive firms invest more and maintain higher rates of sales growth. Moreover, firms produce less productively. Firms also survive longer in Banks’ portfolios and those that enter guaranteed Banks’ portfolios are less productive. Finally, we observe fewer economy-wide firm exits and Bankruptcy filings in the presence of guarantees. Overall, the results are consistent with the idea that guaranteed Banks keep unproductive firms in business for too long and prevent their exit from the market.
Pek Chen Goh - One of the best experts on this subject based on the ideXlab platform.
-
intellectual capital performance of commercial Banks in malaysia
Journal of Intellectual Capital, 2005Co-Authors: Pek Chen GohAbstract:Purpose – This paper measured the intellectual capital performance of commercial Banks in Malaysia for the period 2001 to 2003, using efficiency coefficient called VAIC™ developed by Ante Pulic.Design/methodology/approach – Data required to calculate human capital, structural capital and capital employed efficiencies were obtained from annual reports.Findings – As a whole, all Banks have relatively higher human capital efficiency than structural and capital efficiencies. Domestic Banks were generally less efficient compared to foreign Banks. Hong Leong Bank, Public Bank and Southern Bank were the top three efficient domestic Banks based on VAICTM assessment, while Scotia Bank is the most efficient foreign Bank. Public Bank and EON Bank have consistently showed improvement in efficiency in the three years. There were significant differences between rankings of Bank according to efficiency and traditional accounting measures. In view of the findings that seven out of ten domestic Banks did not show improvem...
Andrew E Balber - One of the best experts on this subject based on the ideXlab platform.
-
optimizing donor selection for Public cord blood Banking influence of maternal infant and collection characteristics on cord blood unit quality
Transfusion, 2013Co-Authors: Kristin Page, Adam Mendizabal, Brigid Betzstablein, Stephen Wease, Kevin Shoulars, Tracy Gentry, Vinod K Prasad, Jessica Sun, Shelly L Carter, Andrew E BalberAbstract:Background Banked unrelated donor umbilical cord blood (CB) has improved access to hematopoietic stem cell transplantation for patients without a suitably matched donor. In a resource-limited environment, ensuring that the Public inventory is enriched with high-quality cord blood units (CBUs) addressing the needs of a diverse group of patients is a priority. Identification of donor characteristics correlating with higher CBU quality could guide operational strategies to increase the yield of Banked high-quality CBUs. Study Design and Methods Characteristics of 5267 CBUs donated to the Carolinas Cord Blood Bank, a Public Bank participating in the National Cord Blood Inventory, were retrospectively analyzed. Eligible CBUs, collected by trained personnel, were processed using standard procedures. Routine quality and potency metrics (postprocessing total nucleated cell count [post-TNCC], CD34+, colony-forming units [CFUs]) were correlated with maternal, infant, and collection characteristics. Results High-quality CBUs were defined as those with higher post-TNCC (>1.25 × 109) with CD34+ and CFUs in the upper quartile. Factors associated with higher CD34+ or CFU content included a shorter interval from collection to processing ( 3500 g), and larger collection volumes (>80 mL). Conclusions We describe characteristics identifying high-quality CBUs, which can be used to inform strategies for CBU collection for Public Banks. Efforts should be made to prioritize collections from larger babies born before 38 weeks of gestation. CBUs should be rapidly transported to the processing laboratory. The lower quality of CBUs from non-Caucasian donors highlights the challenges of building a racially diverse Public CB inventory.
Silva S. - One of the best experts on this subject based on the ideXlab platform.
-
Dual consent? Donors' and recipients' views about involvement in decision-making on the use of embryos created by gamete donation in research
'Springer Science and Business Media LLC', 2019Co-Authors: De Freitas C., Samorinha C., Provoost Veerle, Silva S.Abstract:Background Reasonable disagreement about the role awarded to gamete donors in decision-making on the use of embryos created by gamete donation (EGDs) for research purposes emphasises the importance of considering the implementation of participatory, adaptive, and trustworthy policies and guidelines for consent procedures. However, the perspectives of gamete donors and recipients about decision-making regarding research with EGDs are still under-researched, which precludes the development of policies and guidelines informed by evidence. This study seeks to explore the views of donors and recipients about who should take part in consent processes for the use of EGDs in research. Methods From July 2017 to June 2018, 72 gamete donors and 175 recipients completed a self-report structured questionnaire at the Portuguese Public Bank of Gametes (response rate: 76%). Agreement with dual consent was defined as the belief that the use of EGDs in research should be consented by both donors and recipients. Results The majority of participants (74.6% of donors and 65.7% of recipients) were willing to donate embryos for research. Almost half of the donors (48.6%) and half of the recipients (46.9%) considered that a dual consent procedure is desirable. This view was more frequent among employed recipients (49.7%) than among non-employed (21.4%). Donors were less likely to believe that only recipients should be involved in giving consent for the use of EGDs in research (25.0% vs. 41.7% among recipients) and were more frequently favourable to the idea of exclusive donors' consent (26.4% vs. 11.4% among recipients). Conclusions Divergent views on dual consent among donors and recipients indicate the need to develop evidence-based and ethically sustainable policies and guidelines to protect well-being, autonomy and reproductive rights of both stakeholder groups. More empirical research and further theoretical normative analyses are needed to inform people-centred policy and guidelines for shared decision-making concerning the use of EGDs for research
-
Dual consent? Donors' and recipients' views about involvement in decision-making on the use of embryos created by gamete donation in research
'Springer Science and Business Media LLC', 2019Co-Authors: De Freitas C., Samorinha C., Silva S.Abstract:Background: Reasonable disagreement about the role awarded to gamete donors in decision-making on the use of embryos created by gamete donation (EGDs) for research purposes emphasises the importance of considering the implementation of participatory, adaptive, and trustworthy policies and guidelines for consent procedures. However, the perspectives of gamete donors and recipients about decision-making regarding research with EGDs are still under-researched, which precludes the development of policies and guidelines informed by evidence. This study seeks to explore the views of donors and recipients about who should take part in consent processes for the use of EGDs in research. Methods: From July 2017 to June 2018, 72 gamete donors and 175 recipients completed a self-report structured questionnaire at the Portuguese Public Bank of Gametes (response rate: 76%). Agreement with dual consent was defined as the belief that the use of EGDs in research should be consented by both donors and recipients. Results: The majority of participants (74.6% of donors and 65.7% of recipients) were willing to donate embryos for research. Almost half of the donors (48.6%) and half of the recipients (46.9%) considered that a dual consent procedure is desirable. This view was more frequent among employed recipients (49.7%) than among non-employed (21.4%). Donors were less likely to believe that only recipients should be involved in giving consent for the use of EGDs in research (25.0% vs. 41.7% among recipients) and were more frequently favourable to the idea of exclusive donors' consent (26.4% vs. 11.4% among recipients). Conclusions: Divergent views on dual consent among donors and recipients indicate the need to develop evidence-based and ethically sustainable policies and guidelines to protect well-being, autonomy and reproductive rights of both stakeholder groups. More empirical research and further theoretical normative analyses are needed to inform people-centred policy and guidelines for shared decision-making concerning the use of EGDs for research.info:eu-repo/semantics/publishedVersio