Why have Australian banks survived the recent global financial crisis?
MetadataShow full item record
Australia is a small developed country with a sophisticated, well regulated banking and financial system. Because of its smaller stock market turnover, lower capitalisation of its banking sector and smaller global interaction than other developed countries, the effect of the global financial crisis on the country has not been as great as in other developed economies. The banking regulatory framework has also had much to do with this insulation effect. This cross discipline study comments on the legal and institutional environment for banking in Australia and also reports empirical analysis of banking stock market data showing Australia’s interaction and involvement in a global context.
Showing items related by title, author, creator and subject.
Simpson, John (2010)The purpose of this paper is to test an international bank market pricing model, hypothesised to arrive at new indicator of pure composite political risk for country banking sectors. The motivation is that current political ...
Yuen, Y.Y.; Yeow, P.; Lim, Nena (2015)Purpose: The purpose of this paper is to investigate the cultural differences in internet banking adoption between the USA and Malaysia. It aims to provide marketing recommendations based on specific cultural dimensions ...
Global Financial market tribulations-upshots on major Banks costs and profits - A Mauritian perspectivePolodoo, Viren; Padachi, Kesseven; Seetah, K. (2013)This paper appraises the upshots on Mauritian Banks following recent tribulations in global financial markets using data for the period 2000-2011. Using data from Banks’ annual reports, a sample of 9 banks that existed ...