| dc.creator | Degl'Innocenti M., Grant K., Šević A., Tzeremes N.G. | en |
| dc.date.accessioned | 2023-01-31T07:52:36Z | |
| dc.date.available | 2023-01-31T07:52:36Z | |
| dc.date.issued | 2018 | |
| dc.identifier | 10.1016/j.irfa.2018.07.009 | |
| dc.identifier.issn | 10575219 | |
| dc.identifier.uri | http://hdl.handle.net/11615/73165 | |
| dc.description.abstract | This paper provides nuanced evidence on the effect of competitiveness and financial stability on banks’ innovation-capacity (technological-change) levels during the Global Financial Crisis (GFC) in 2007–2008. We applied contemporary developments in non-parametric frontier analysis, employing a new index, the Global Financial Centres Index, to measure the business competitiveness of 45 financial centres. Our findings indicated a nonlinear and positive relationship between financial centres’ competitiveness, banks’ stability and innovation-capacity levels. This suggests that banks’ ability to increase stability alongside financial centres’ stability in a highly competitive environment acts as a protective measure against the GFC's negative effects. © 2018 | en |
| dc.language.iso | en | en |
| dc.source | International Review of Financial Analysis | en |
| dc.source.uri | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85049615259&doi=10.1016%2fj.irfa.2018.07.009&partnerID=40&md5=565dadf8414510d2646e21811d186f0a | |
| dc.subject | Elsevier Inc. | en |
| dc.title | Financial stability, competitiveness and banks’ innovation capacity: Evidence from the Global Financial Crisis | en |
| dc.type | journalArticle | en |
