Elisabeth Paulet

ICN Business School

This chapter explores determinants of banks’ environmental credit risk managementEnvironmental credit risk management (ECRM) level. Content analysisContent analysis is used to quantify the ECRM level of 50 banks in Europe between 2016 and 2018. The impact of stakeholder powerStakeholder power and banks’ characteristics on ECRM is investigated throu...

The banking industry plays a crucial role in any economy by providing diverse services aimed at enhancing economic growth. In recent decades, this sector has been transformed due to financial liberalization and new regulatory rules. Therefore, measuring the efficiency of banking institutions is critically important to identify the evolution of effi...

This paper clarifies the difficulties associated with green credit implementation by investigating 240 Chinese bank managers. We identify nine industry and organisational barriers. Our results provide evidence that different perceptions exist among managers of Chinese banks with different ownership structures and market shares. Due to their size, r...

Purpose The digital revolution has substantially changed the business environment. Most banks have acknowledged the importance of new technologies to improve performance and client satisfaction. The development of these innovations has led to the entrance of the so-called Fintechs. This paper aims to evaluate the impact of these transformations on...

This article explores the convergence hypothesis in the Chinese and Indian banking sectors following the reforms of their financial systems. Using data envelopment analysis (DEA) techniques to estimate banking efficiency, the main question examined throughout this study is whether this quest for higher performance through liberalisation has also en...

Le présent article se place sous l’angle théorique de l’isomorphisme en vue de savoir s’il existe une éventuelle convergence de pratiques managériales entre coopératives et entreprises capitalistes, notamment dans un processus de crise et faillite. L’originalité de notre approche se résume en trois points : une dimension comparative internationale...

This paper intends to address the effects of firm-specific characteristics on the formation of capital structure amongst a balanced panel sample of 559 firms in six European countries before and during the period of 1999–2015. We find that growth, profitability, tax shields and the effects of the Euro Crisis are significantly negatively related to...

Banking liquidity regulation has transformed banks’ business model and hampered entrepreneurial finance by reducing credit distribution. If capitalization and liquidity ratio have induced more stability, they have reduced the margin and profitability of European financial institutions. This fact has influenced the financing of enterprises in genera...

The reforms of the banking sector in China conducted so far have been seeking to accomplish, simultaneously, two conflicting goals. On the one hand, the objective was to prepare Chinese banks for international competition and put them at the pace with the transformations observed in its overall economy. On the other, there is a social-driven agenda...

The development of European crowdfunding is directly connected to the prevalent structure of the banking system in the different member states.

The China Business Model: Originality and Limits emphasizes transformation of the Chinese Business Model over the last decades. The impact of the financial crisis on China helps the reader understand its evolution towards capitalism. Topics covered include CSR, leadership, and management in China, how do these organizations impact the performance o...

There are two major types of financial innovations: one which is profit-seeking and supply-driven; another which is mostly demand-driven, outward-looking and socially oriented. We illustrate this twofold perspective analyzing the behavior of the banking industry during the period of the subprime mortgage crisis. More precisely, we examine how the f...

The Euro crisis, consisting of the European banking crisis and the European sovereign debt crisis, has raised a huge amount of uncertainty in the Euro zone and has beset the entire world economic system. To address this concern, the austerity policy, emphasising on a surge in individual and corporate taxations and a decline in government spending,...

This paper explores the behavior of the banking industry in the new business environment that arose after the subprime crisis. The main hypothesis is that there are two major types of banking institutions: conventional banks and ethical banks. Each has a distinct business model. To test how they have reacted to the new environment, factor analysis...

Purpose – This paper aims to explore how banks have modified their behaviours since the subprime crisis and their influence on credit access for SMEs. Design/methodology/approach – This paper aims to explore how banks have modified their behaviours since the subprime crisis and their influence on credit access for SMEs. Findings – We provide evid...

Purpose The aftermath of the subprime mortgage crisis has accelerated a pre‐existing process of ethical approach in the banking industry. Today, all banks claim to be socially, environmentally and economically committed with the philosophy of sustainable finance. The purpose of this paper is to show that, beyond the outward similarities, there are...

The aim of this paper is to assess whether in the banking sector there is an effective coherence between corporate social responsibility statements frequently made in communication policies and banks' actual practice. This will be illustrated by comparing Scandinavian banks' CSR policies and the structure of their balance sheets. The results show t...

The aim of this chapter is to show the emergence of a new concept that is different from just sustainable finance: ethical banking. A typology of the different kinds of banks will thus be given, showing in each case their main characteristics. From theory to practice, this chapter will finally show that the different nature of banks proposed in the...

Les Banques du Grand Sud Ouest: Système bancaire et gestion des risques (des années 1900 à nos jours) [The Banks of the Grand South-West: The Banking System and Risk Management from 1900 to the Present]. Edited by BoninHubert and LastécouèresChristophe. Paris: P.L.A.G.E., 2006. 521 pp. Illustrations, figures, tables, notes, index. Paper, €40.00. IS...

The forecasts of economic agents are not without influence on financial markets’ fluctuations. The recent subprime crisis has shown that incorrect use of information available on the markets added to the creation of complex financial instruments can have major consequences, not only in financial terms, but also on the real economy. Based on a study...

As has been argued throughout this paper, the different way in which banks have been affected by the crisis is closely linked to their distinct business model. Consequently, the characteristic structure of the balance sheet in big banks and ethical banks is correlated with their divergent dynamic during the crisis. While the financial turmoil has l...

Purpose Since the 1980s, the global financial system has faced several crises that have led regulators to consider new conjectural and structural problems. These crises (new technology bubbles, the sub‐prime crisis …) have led economists and financial analysts to the following conclusions. First of all, systemic risk has increased during the last 3...

This paper intends to use a conceptual paradigm to discuss the ambiguity of corporate governance while issuing shares to maintain their capital adequacy for European cooperative banks. It thus provides theoretical evidence for the arbitrage between stakeholder and shareholder control for these particular institutions. Therefore, we propose, firstly...

La répétition des crises financières au cours des vingt dernières années a relancé les recherches relatives à la compréhension de l’origine et du mode opératoire des cycles de l’activité économique. Le constat est paradoxal dans la mesure où, traditionnellement, les théories du cycle économique, y compris les plus récentes traitant de la croissance...

Since the 90's, European banks have sustained numerous structural disturbances. Their degree of integration combined with the universality of our institutions in the banking sector may then be an important factor to take into account in appreciating its resistance to systemic shocks. In this first part, the correlation between size and systemic ris...

Corporate governance and financial information are at the core of the recent debate of the management of enterprises. The new IAS rules aim to greater transparency which will induce a more efficient governance for firms. The objective of this paper is then to study the correlation between these two concepts. After having briefly presented the diff...

Ce rapport vise à fonder et mesurer la notion de surcoût dans les DOM qui, comme le rappelle le cahier des charges, "constitue une caractéristique reconnue au plan juridique pour les activités exercées dans les régions ultra périphériques à laquelle il apparaît désormais nécessaire de conférer une base économique au caractère incontestable.". De ma...

Ce rapport vise à fonder et mesurer la notion de surcoût dans les DOM qui, comme le rappelle le cahier des charges, "constitue une caractéristique reconnue au plan juridique pour les activités exercées dans les régions ultra périphériques à laquelle il apparaît désormais nécessaire de conférer une base économique au caractère incontestable.". De ma...

Financial liberalisation has led to a large increase in the number of sources of finance for companies. The question is whether all companies have access to these various instruments. The aim of this article is to identify these characteristics as a function of size of company for the European countries. Following a survey of the literature, we go...

This paper uses real price and dividends series to investigate for the French stock market similar questions as those raised by Shiller (1989). It tries to determine in what periods and to what degree the French stock market has also possessed "excess volatility" over the last century. This market showed some level of excess volatility before the f...

Summary

Crédit Mobilier a été, qu'on me pardonne l'expression, un lanceur d'affaires. Pour lui l'intérêt du présent domine presque toujours celui de l'avenir.' V. BONNET , La revue des deux mondes, novembre 1865. Although not quite new, agency theory is one part of decision theory which is developing dynamically at the present time. The well-known basic mo...