Comment: Opinio Juris and the Genesis of Custom: A Solution to the 'Paradox'
In: The Australian yearbook of international law, Band 26, Heft 1, S. 199-205
ISSN: 2666-0229
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In: The Australian yearbook of international law, Band 26, Heft 1, S. 199-205
ISSN: 2666-0229
In: Journal of business ethics: JBE, Band 193, Heft 1, S. 193-216
ISSN: 1573-0697
AbstractThis paper examines the impact of three culturally endorsed leadership prototypes on bank lending corruption. We bring together studies that approach the corruption of bank lending officers from the perspective of a principal-agent problem and studies from the leadership literature, suggesting leadership as an alternative to contractual solutions to agency problems. We hypothesize, based on these views, that culturally endorsed leadership styles that improve (worsen) the leader-subordinate relationships have a negative (positive) effect on bank lending corruption. Using a sample of around 3,500 firms from 36 countries, we find that the prosocial leadership prototype and the nonautonomous leadership prototype do not matter, whereas the self-serving leadership prototype has a positive and statistically significant effect on bank lending corruption. These findings are robust to the inclusion of various control variables in the regressions, and alternative estimation approaches, including ones that account for endogeneity concerns. Furthermore, we find that the power of bank regulators and the age of the credit information sharing mechanism play a moderating role in the relationship between the self-serving leadership prototype and bank lending corruption.
In: Kyklos: international review for social sciences, Band 75, Heft 1, S. 48-74
ISSN: 1467-6435
AbstractThe literature suggests that trust can influence the behavior of economic agents and improve access to financing for both households and corporations. Subsequently, this might have implications for the consumption of households and the investments of corporations. Therefore, trust could mitigate the negative impact of financial stress on economic growth. To test this hypothesis, we use a sample of EU countries over the period 2002–2020 and examine the interaction of trust with financial stress in shaping GDP growth. The interaction term enters the estimations with a positive and statistically significant coefficient, and it therefore mitigates the negative impact of financial stress on economic growth. Furthermore, by disaggregating the GDP into its four main components, we find that the moderating effect of trust flows through the two main components of GDP mentioned above, namely households' consumption and firms' investments. Additionally, we observe that the interaction effect becomes weaker in countries with a higher economic freedom and is strengthened in centre and left‐wing governments compared to right‐wing economically oriented ones.
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In: Palgrave Macmillan studies in banking and financial institutions
In recent years sustainable finance along with Environmental, Social and Governance (ESG) aspects and their implications for financial institutions have attracted the attention of academics and policy makers. The aim of the book is to bring together chapters that discuss the most recent empirical and theoretical evidence in the field, along with policy making and regulatory initiatives. The book covers topics such as the changing role of banks in the financial system, the differences between sustainable banks and traditional banks, ESG and financial performance, bank social responsibility and customer satisfaction, ESG risk management of financial institutions, the politics of climate finance and policy initiatives, and the role of bank regulators. It will be of interest to academics and policymakers working in banking, risk management, sustainable finance and related fields. Chrysovalantis Gaganis is Professor of Finance in the Department of Economics at the University of Crete, Greece. Fotios Pasiouras is Professor of Banking & Finance at Montpellier Business School, France. Menelaos Tasiou is a Senior Lecturer in Quantitative Methods and Data Analytics at the School of Economics, Accounting and Finance at the University of Portsmouth, UK. Constantin Zopounidis is Professor of Financial Engineering and Operations Research, at Technical University of Crete, Greece, Distinguished Research Professor in Audencia Business School, France, a Senior Academician of both the Royal Academy of Doctors and the Royal Academy of Economics and Financial Sciences of Spain.
In: Palgrave Macmillan studies in banking and financial institutions
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BACKGROUND: Due to the lack of high-quality evidence which has hindered the development of evidence-based guidelines, there is a need to provide general guidance on cranioplasty (CP) following traumatic brain injury (TBI), as well as identify areas of ongoing uncertainty via a consensus-based approach. METHODS: The international consensus meeting on post-traumatic CP was held during the International Conference on Recent Advances in Neurotraumatology (ICRAN), in Naples, Italy, in June 2018. This meeting was endorsed by the Neurotrauma Committee of the World Federation of Neurosurgical Societies (WFNS), the NIHR Global Health Research Group on Neurotrauma, and several other neurotrauma organizations. Discussions and voting were organized around 5 pre-specified themes: (1) indications and technique, (2) materials, (3) timing, (4) hydrocephalus, and (5) paediatric CP. RESULTS: The participants discussed published evidence on each topic and proposed consensus statements, which were subject to ratification using anonymous real-time voting. Statements required an agreement threshold of more than 70% for inclusion in the final recommendations. CONCLUSIONS: This document is the first set of practical consensus-based clinical recommendations on post-traumatic CP, focusing on timing, materials, complications, and surgical procedures. Future research directions are also presented.
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Due to the lack of high-quality evidence which has hindered the development of evidence-based guidelines, there is a need to provide general guidance on cranioplasty (CP) following traumatic brain injury (TBI), as well as identify areas of ongoing uncertainty via a consensus-based approach. Methods The international consensus meeting on post-traumatic CP was held during the International Conference on Recent Advances in Neurotraumatology (ICRAN), in Naples, Italy, in June 2018. This meeting was endorsed by the Neurotrauma Committee of the World Federation of Neurosurgical Societies (WFNS), the NIHR Global Health Research Group on Neurotrauma, and several other neurotrauma organizations. Discussions and voting were organized around 5 pre-specified themes: (1) indications and technique, (2) materials, (3) timing, (4) hydrocephalus, and (5) paediatric CP. Results The participants discussed published evidence on each topic and proposed consensus statements, which were subject to ratification using anonymous real-time voting. Statements required an agreement threshold of more than 70%for inclusion in thefinal recommendations. Conclusions This document is the first set of practical consensus-based clinical recommendations on post-traumatic CP, focusing on timing, materials, complications, and surgical procedures. Future research directions are also presented.
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