The Impact of Accounting and Audit Quality on World Bank Lending Decisions

2012 ◽  
Author(s):  
Phillip T. Lamoreaux ◽  
Paul N. Michas ◽  
Wendy Schultz
Keyword(s):  
World Bank ◽  
Audit Quality ◽  
Bank Lending ◽  
Lending Decisions ◽  
The Impact

scholarly journals Foreign Lending Dilemma and Poverty in Pakistan, India and Bhutan: A Panel Data Analysis

2017 ◽  
Vol 3 (1) ◽  
pp. 39-46
Author(s):  
Mariam Abbas Soharwardi ◽  
Hina Ali ◽  
Mujahid Ali
Keyword(s):  
Developing Countries ◽  
World Bank ◽  
Structural Adjustment ◽  
Poverty Reduction ◽  
Panel Data Analysis ◽  
Bank Lending ◽  
Structural Adjustment Programs ◽  
Foreign Lending ◽  
The Impact ◽  
Adjustment Programs

Purpose: In developing countries foreign lending becomes a problem now a day instead of spend this lending for the development purposes. Ultimately this problem causes poverty in these countries where usage of foreign lending is not in proper ways. The purpose of this study is to investigate the impact of IMF and World Bank lending on poverty in Pakistan, India and Bhutan. In this study corruption, GDP, unemployment, secondary enrolment, and external debt are used as independent variables and poverty headcount ratio as dependent variable. Study finds out the relationship of corruption, unemployment and external debts with poverty and showing the positive relationship while secondary enrolment and GDP showing negative relation with poverty. Moreover study finds out that lending of IMF and WORLD BANK mostly causes poverty in these developing countries instead of reducing poverty because of corrupt government's weak policies for the distribution of loans. It is examined that the countries with strong policies and non-corrupt government can take full advantage of these lending for poverty reduction. But it is noticed that the countries which are the members of IMF structural adjustment programs are facing more poverty problems as compare to those countries which are not involved in these programs or even have less numbers of lending. Those countries are much better than the countries involve in structural adjustment programs.

Do Accounting and Audit Quality Affect World Bank Lending?

2014 ◽  
Author(s):  
Phillip T. Lamoreaux ◽  
Paul N. Michas ◽  
Wendy Schultz
Keyword(s):  
World Bank ◽  
Audit Quality ◽  
Bank Lending

Endogenous Asset Fire Sales and Bank Lending Incentives

2020 ◽  
Vol 10 (04) ◽  
pp. 2150002
Author(s):  
Zhongzhi Song
Keyword(s):  
Cash Holdings ◽  
Bank Lending ◽  
Bank Loans ◽  
Policy Implications ◽  
Liquidity Shocks ◽  
Fire Sales ◽  
The 2008 Financial Crisis ◽  
Lending Decisions ◽  
The Impact ◽  
Capital Injections

This paper examines the impact of banks’ lending incentives on asset prices and bank cash holdings under liquidity risk. Banks make lending decisions based on the tradeoff between costs (fire sales of illiquid assets) and benefits (high returns from bank loans). This paper shows fire sales of assets can be an endogenous outcome, even if banks are endowed with enough cash to meet liquidity shocks. This paper also helps explain why banks have kept a large amount of cash without lending after government capital injections in the 2008 financial crisis. The model further provides policy implications for government intervention.

Do Accounting and Audit Quality Affect World Bank Lending?

2014 ◽  
Vol 90 (2) ◽  
pp. 703-738 ◽  
Author(s):  
Phillip T. Lamoreaux ◽  
Paul N. Michas ◽  
Wendy L. Schultz
Keyword(s):  
International Development ◽  
World Bank ◽  
Audit Quality ◽  
Bank Lending ◽  
Development Aid ◽  
Data Availability ◽  
Accounting Quality ◽  
The World Bank ◽  
Political Interests ◽  
The World

ABSTRACT We investigate the role of accounting and audit quality in the allocation of international development aid loans provided by the World Bank. This aid is crucial to improve governance functions, infrastructure, and capital markets, and the accounting and audit environments in a country can provide the World Bank with confidence that aid is being used as intended rather than being diverted for personal or political gain. We find that development aid loans are higher for countries with stronger accounting quality, where IFRS use is mandated, and where the audit environment is stronger. However, we also find that United States geo-political interests influence these results. Specifically, the World Bank appears to “overlook” accounting and audit quality in countries where geo-political interests are relatively aligned with those of the U.S. Finally, we find that accounting and auditing matter only in countries with relatively high corruption levels, indicating that the World Bank has greater trust that accounting and auditing are of relatively high quality in low-corruption countries. Data Availability: All data are publicly available.

Ease of Doing Business and Its Impact on Inward FDI

2018 ◽  
Vol 1 (1) ◽  
pp. 52 ◽  
Author(s):  
Mohamed Tareq Hossain ◽  
Zubair Hassan ◽  
Sumaiya Shafiq ◽  
Abdul Basit
Keyword(s):  
Regression Model ◽  
Causal Relationship ◽  
World Bank ◽  
Least Square ◽  
Doing Business ◽  
Least Square Regression ◽  
Foreign Countries ◽  
Ease Of Doing Business ◽  
The Impact ◽  
Starting A Business

This study investigates the impact of Ease of Doing Business on Inward FDI over the period from 2011 to 2015 across the globe. This study measures ease of doing business using starting a business, getting credit, registering property, paying taxes and enforcing contracts. The research used a sample of 177 countries from 190 countries listed in World Bank. Least square regression model via E-views software used to examine causal relationship. The study found that ease of doing business indicators ‘Enforcing Contracts’ was found to have a positive significant impact on Inward FDI. Nevertheless, ‘Getting Credit’ and ‘Registering Property’ were found to have a negative significant impact on Inward FDI. However, ‘Starting a Business’ and ‘Paying Taxes’ have no significant impact on Inward FDI in the studied timeframe of this research. The findings of the study suggested the ease of doing business enables inward FDI through better contract enforcements, getting credit and registering property. The findings of the research will assist international managers and companies to know the importance of ease of doing business when investing in foreign countries through FDI.

World Bank Lending for Small Enterprises, 1989-1993

1996 ◽  
Author(s):  
Leila M. Webster ◽  
Randall Riopelle ◽  
Anne-Marie Chidzero
Keyword(s):  
World Bank ◽  
Bank Lending ◽  
Small Enterprises
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