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Ceo Gender And Tarp: Evidence From Credit Unions, Elizabeth W. Cooper
Ceo Gender And Tarp: Evidence From Credit Unions, Elizabeth W. Cooper
Department of Finance
In this paper, I examine the role of CEO gender and TARP on the behavior and financial performance of credit unions following the financial crisis. Credit Unions provide a unique sample of firms from which to study the role that gender plays in particular as women CEOs run the majority of credit unions (52%). Further, the TARP program that was extended to a small set of qualifying credit unions following the 2008 financial crisis allows this study to analyze the role that CEO gender played in how those funds were used and how the institution fared over the long-run. The …
Innovation Dynamics And Financial Stability: A European Union Perspective, Francisco Javier Santos-Arteaga, Madjid Tavana, Celia Torrecillas, Debora Di Caprio
Innovation Dynamics And Financial Stability: A European Union Perspective, Francisco Javier Santos-Arteaga, Madjid Tavana, Celia Torrecillas, Debora Di Caprio
Business Systems and Analytics Faculty Work
We present a formal and empirical framework that links the technological capacity of a country, reflected in its National System of Innovation, with the financial constraints it faces. The paper is divided into two sections. The first one introduces a stochastic growth model based on the relative level of technological development of countries, which determines their productivity and capacity to finance innovation activities. The second section describes the empirical conditioning observed in the innovation outputs of countries determined by their financial constraints and time period relative to the economic crisis of 2008. We classify a panel sample of European Union …