Balasubramanyan, Lakshmi; Craig, Ben R.; Thomson, James B.; Zaman, Saeed;
(2015)
Subject: bank franchise value; asset quality; credit demand; information; expectations
jel: jel:E52 | jel:G01 | jel:G28
We examine how a combination of credit market and asset quality information can jointly be used in assessing bank franchise value. We find that expectations of future credit demand and future asset quality explain contemporaneous bank franchise value, indicative of the ... View more