Foreign Bank Subsidiaries’ Default Risk during the Global Crisis : What Factors Help Insulate Affiliates from their Parents?

What Factors Help Insulate Affiliates from their Parents?

Foreign Bank Subsidiaries’ Default Risk during the Global Crisis : What Factors Help Insulate Affiliates from their Parents?
This paper examines the association between the default risk of foreign bank subsidiaries in developing countries and their parents during the global financial crisis, with the purpose of determining the size and sign of this correlation and, more importantly, understanding what factors can help insulate affiliates from their parents. We find... READ MORE...

Publication date: June 2016
ISBN 9781484382189
$18.00

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Publication date: June 2016

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