The resolution of cross-border banks: Issues for deposit insurers and proposals for cooperation
This paper reviews critical legal and policy issues created by cross-border banking insolvencies. These include (I) Insolvency principles, such as (1) criteria for intervention; (2) deposit insurance; (3) power to manage; (4) ability to maximize recoveries. Also included is (II) International legal complications. Critical issues in cross-border crisis management involve: (1) division of labor between home and host countries; (2) the availability of information; (3) the legal, regulatory and supervisory framework; (4) the law governing initiation of proceedings; (5) grounds for intervention; (6) deposit insurance; (7) legal powers of controlling authorities; (8) the potential financial and economic effects. We conclude with a few proposals for cooperation.
Corporate Governance and Intra-Group Transactions in European Bank Holding Companies During the Crisis
In this paper we study the intra-group transactions between the parent bank and its foreign subsidiaries in European Union countries during the crisis. We use hand-collected data from annual statements on related party transaction and find that they may create a serious problem for the stability of the foreign banks' subsidiaries. Moreover, as some of those subsidiary banks were large by assets in some of the member states the related party transactions with the parent bank created a serious threat to host countries financial system stability. We attribute this transaction to weak governance in foreign subsidiaries. We suggest improvements in governance as well greater disclosure of related party transactions in bank holding companies in Europe.
Gender Politics and Research: Male and Female Violence in Intimate Relationships
This article reviews a wide range of research reports on male and female violence in intimate relationships and highlights the political nature of domestic violence research. The authors review incidence and prevalence-based research that uses quantitative surveys and illustrate how quantitative, family-focussed researchers tend to ignore the political and social context of domestic violence and the complex issues of gender and power. The authors argue that understanding the complexities of domestic violence requires clear definitions of what constitutes domestic violence and multi-method approaches to research, using a combination of quantitative and qualitative methodologies.