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Contribution to Book
Is financial innovation a still relevant issue?
Financial Innovation in retail and corporate banking (2009)
  • Paola Bongini
  • Luisa Anderloni
Abstract
In this study we investigate the effects of financial innovation on performance and asset growth for a sample of EU large banks. The novel contribution of this study is the use of a unique dataset that identifies banks’ attitude towards innovation across time and the level of information conveyed to market participants in order to understand: a) to what extent, in recent years, banks have focused their attention on financial innovation; b) to what extent an innovating attitude translates into greater asset growth and higher profitability;
Keywords
  • financial innovation,
  • banks
Disciplines
Publication Date
2009
Editor
Luisa Anderloni, David T. Llewellyn and Harry Schmidt
Publisher
Edward Elgar
Citation Information
Paola Bongini and Luisa Anderloni. "Is financial innovation a still relevant issue?" CheltenamFinancial Innovation in retail and corporate banking (2009)
Available at: http://works.bepress.com/paola_bongini/16/