Business Commons^™

Competition And Concentration In Banking Sector: Evidence From Bangladesh, Junnatun Naym

2018 Awards for Excellence in Student Research and Creative Activity – Documents

Abstract

Considering the significance of competition and concentration in pricing, efficiency, productivity and stability of banking sector, this paper has explored the competitive behavior and concentration level in the banking sector of Bangladesh considering 20 commercial banks for the period of 2004-2013. The level of competition has been tested using the Panzar and Rosse model while the level of concentration has been analyzed using concentration indices and the Herfindahl-Hirschman indices in terms of assets, loans, and deposits. The findings point to a non-concentrated market with monopolistic competition in the banking sector of Bangladesh. This paper contributes to the understanding of …

Do Underwriters Compete In Ipo Pricing?, Evgeny Lyandres, Fangjian Fu, Erica X. N. Li

Research Collection Lee Kong Chian School Of Business

We propose and implement a direct test of the hypothesis of oligopolistic competition in the U.S. underwriting market against the alternative of implicit collusion among underwriters. We construct a simple model of interaction between heterogenous underwriters and heterogenous firms and solve it under two alternative assumptions: oligopolistic competition among underwriters and implicit collusion among them. The two solutions lead to different equilibrium relations between the compensation of underwriters of different quality on one hand and the time-varying demand for public incorporation on the other hand. Our empirical results, obtained using 39 years of IPO data, are generally consistent with the …

Zips Rifle Endowment Project, Christopher Catalano

Williams Honors College, Honors Research Projects

This Research project serves predominantly as a feasibility index for the permanent funding and endowment of the Zips rifle club at the University of Akron. Among the objectives covered was the description and assessment of the clubs financial needs, the calculation of capitalization, and best options for permanent funding.