Search Results

What happened to global banking after the crisis?,
Dirk Schoenmaker, in Journal of Financial Regulation and Compliance (2017)
Keywords: Financial crisis, Banking, International finance, F30, G21, G28

An Integrated Financial Framework for the Banking Union: Don’t Forget Macro-Prudential Supervision,
Dirk Schoenmaker, from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2013)

Post-Crisis Reversal in Banking and Insurance Integration: An Empirical Survey,
Dirk Schoenmaker, from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2013)

Resolution of international banks: Can smaller countries cope?,
Dirk Schoenmaker, in International Finance (2018)

Trans-Tasman cooperation in banking supervision and resolution,
Dirk Schoenmaker, in Journal of Banking Regulation (2020)
Keywords: Cross-border banking, Financial stability, Regional cooperation, Trans-Tasman banking

A Framework for Sustainable Finance,
Dirk Schoenmaker, from C.E.P.R. Discussion Papers (2018)
Keywords: Sustainable development; Environmental; Social and governance (esg) risks; Sustainable finance; Corporate governance; Short-termism

Building a Stable European Deposit Insurance Scheme,
Dirk Schoenmaker, in Journal of Financial Regulation (2018)

Central Banks and Financial Authorities in Europe: What Prospects?,
Dirk Schoenmaker, from Edward Elgar Publishing (2005)
Keywords: Economics and Finance,

Institutional Separation between Supervisory and Monetary Agencies,
Dirk Schoenmaker, from Financial Markets Group (1992)

The Economics of Banking,
Dirk Schoenmaker, from Edward Elgar Publishing (2020)
Keywords: Economics and Finance,

Governance of International Banking: The Financial Trilemma,
Dirk Schoenmaker, from Oxford University Press (2013)

European insurance union and how to get there,
Dirk Schoenmaker, from Bruegel (2016)

The impact of the legal and operational structures of euro-area banks on their resolvability,
Dirk Schoenmaker, from Bruegel (2016)

What happened to global banking after the crisis?,
Dirk Schoenmaker, from Bruegel (2017)

A macro approach to international bank resolution,
Dirk Schoenmaker, from Bruegel (2017)

Sustainable investing- How to do it,
Dirk Schoenmaker, from Bruegel (2018)

A new integrated-value assessment method for corporate investment,
Dirk Schoenmaker, from Bruegel (2021)

Firmer foundations for a stronger European Banking Union,
Dirk Schoenmaker, from Bruegel (2015)

Greening monetary policy,
Dirk Schoenmaker, from Bruegel (2019)

The impact economy- balancing profit and impact,
Dirk Schoenmaker, from Bruegel (2020)

The Steady State of the Banking Union,
Dirk Schoenmaker, from World Scientific Publishing Co. Pte. Ltd. (2015)
Keywords: Financial Stability, Systemic Risk, Financial Regulation, Too-Big-to-Fail, Regulatory Burden, Financial Institutions,

Registered author: Dirk Schoenmaker

The Financial Trilemma,
Dirk Schoenmaker, from Tinbergen Institute (2011)
Keywords: Financial Stability, Public Good

Home Country Deposit Insurance?,
Dirk Schoenmaker, from Palgrave Macmillan (1993)
Keywords: Host Country, Home Country, European Central Bank, Deposit Insurance, Banking Supervision

The global investment banks are now all becoming American: does that matter for Europeans?,
Charles Goodhart and Dirk Schoenmaker, from London School of Economics and Political Science, LSE Library (2016)

Investing for Long-Term Value Creation,
Dirk Schoenmaker and Willem Schramade, from C.E.P.R. Discussion Papers (2018)
Keywords: Active investment; Fundamental analysis; Engagement; Esg factors; Adaptive markets hypothesis

Regulating the financial cycle: An integrated approach with a leverage ratio,
Dirk Schoenmaker and Peter Wierts, in Economics Letters (2015)
Keywords: Financial cycle; Financial supervision; Leverage ratio;

Investing for long-term value creation,
Dirk Schoenmaker and Willem Schramade, in Journal of Sustainable Finance & Investment (2019)

European Banks Straddling Borders: Risky or Rewarding?,
Dirk Schoenmaker and Patty Duijm, from C.E.P.R. Discussion Papers (2017)
Keywords: International banking; Bank regulation; Financial stability; Geographical diversification; Risk

European banks straddling borders: Risky or rewarding?,
Patty Duijm and Dirk Schoenmaker, in Finance Research Letters (2021)
Keywords: International banking; Bank regulation; Financial stability; Risk; Geographical diversification;

Financial Supervision in an Integrating Europe: Measuring Cross‐Border Externalities,
Dirk Schoenmaker and Sander Oosterloo, in International Finance (2005)

Cross-Border Banking in Europe and Financial Stability,
Dirk Schoenmaker and Wolf Wagner, in International Finance (2013)

European Deposit Insurance and Resolution in the Banking Union,
Daniel Gros and Dirk Schoenmaker, in Journal of Common Market Studies (2014)

Which discount rate for sustainability?,
Dirk Schoenmaker and Willem Schramade, from C.E.P.R. Discussion Papers (2024)

Can the market economy deal with sustainability?,
Dirk Schoenmaker and Hans Stegeman, from C.E.P.R. Discussion Papers (2022)
Keywords: Inequality; Well-being; Environment; Social inclusion

Macroprudential Supervision: From Theory to Policy,
Dirk Schoenmaker and Peter Wierts, in National Institute Economic Review (2016)
Keywords: financial cycle; macroprudential policy; financial supervision; leverage ratio

Macroprudential supervision: From theory to policy,
Dirk Schoenmaker and Peter Wierts, from European Systemic Risk Board (2016)
Keywords: financial cycle, financial supervision, leverage ratio, macroprudential policy

Cross-Border Insurance in Europe: Challenges for Supervision,
Dirk Schoenmaker and Jan Sass, in The Geneva Papers on Risk and Insurance - Issues and Practice (2016)

Can the Market Economy Deal with Sustainability?,
Dirk Schoenmaker and Hans Stegeman, in De Economist (2023)
Keywords: Market economy, Economic growth, Inequality, Social inclusion, Environment, Commons, Well-being

European banking supervision- the first eighteen months,
Nicolas Veron and Dirk Schoenmaker, from Bruegel (2016)

Macroprudential Supervision: From Theory to Policy,
Dirk Schoenmaker and Peter Wierts, in National Institute Economic Review (2016)

Fiscal Burden Sharing in Cross-Border Banking Crises,
Charles Goodhart and Dirk Schoenmaker, in International Journal of Central Banking (2009)

The Impact of Multinationals on the Size of the Banking System,
Dirk Schoenmaker and Dewi Werkhoven, in Kyklos (2013)

Can European bank bailouts work?,
Dirk Schoenmaker and Arjen Siegmann, in Journal of Banking & Finance (2014)
Keywords: Financial stability; Public good; International monetary arrangements; International banking;

The Global Investment Banks are now all Becoming American: Does that Matter for Europeans?,
Charles Goodhart and Dirk Schoenmaker, in Journal of Financial Regulation (2016)

Liquidity and clientele effects in green debt markets,
Dion Bongaerts and Dirk Schoenmaker, in Journal of Corporate Finance (2024)
Keywords: Environmental finance; ESG; Liquidity; Bond markets; Market segmentation; Security design; Price discrimination;

In Banking, Is Small Beautiful?,
Jean Dermine and Dirk Schoenmaker, in Financial Markets, Institutions & Instruments (2010)

Shareholder primacy or stakeholder governance?,
Dirk Schoenmaker and Willem Schramade, in Finance Research Letters (2024)
Keywords: Corporate governance; Shareholder value; Shareholder welfare; Stakeholder value; Externalities; Value creation;

Should the Functions of Monetary Policy and Banking Supervision Be Separated?,
Charles Goodhart and Dirk Schoenmaker, in Oxford Economic Papers (1995)

Financial Supervision: Which Model for Europe?,
Peter Wierts and Dirk Schoenmaker, from Financial Markets Group (2002)

Financial Supervision in an Integrating Europe: Measuring Cross-Border Externalities,
Sander Osterloo and Dirk Schoenmaker, from Financial Markets Group (2004)

Burden Sharing in a Banking Crisis in Europe,
Dirk Schoenmaker and Charles Goodhart, from Financial Markets Group (2006)

A European Deposit Insurance and Resolution Fund - An Update,
Dirk Schoenmaker and Daniel Gros, from Centre for European Policy Studies (2012)

A European Deposit Insurance and Resolution Fund,
Dirk Schoenmaker and Daniel Gros, from Centre for European Policy Studies (2012)

Can a global climate risk pool help the most vulnerable countries?,
Georg Zachmann and Dirk Schoenmaker, from Bruegel (2015)

The time is right for a European Monetary Fund,
Andre Sapir and Dirk Schoenmaker, from Bruegel (2017)

What can central banks do to take the Paris Agreement seriously?,
Dirk Schoenmaker and Hesse McKechnie, from Bruegel (2024)

Should the ‘outs’ join the European banking union?,
Pia Hüttl and Dirk Schoenmaker, from Bruegel (2016)

The United States dominates global investment banking- does it matter for Europe?,
Dirk Schoenmaker and Charles Goodhart, from Bruegel (2016)

Fiscal capacity to support large banks,
Pia Hüttl and Dirk Schoenmaker, from Bruegel (2016)

A ‘twin peaks’ vision for Europe,
Nicolas Veron and Dirk Schoenmaker, from Bruegel (2017)

Green certificates- a better version of green bonds,
Dirk Schoenmaker and Dion Bongaerts, from Bruegel (2020)

Macroprudential supervision- from theory to policy,
Dirk Schoenmaker and Peter Wierts, from Bruegel (2015)

Institutional investors and home bias in Europe’s Capital Markets Union,
Zsolt Darvas and Dirk Schoenmaker, from Bruegel (2017)

Corporate Finance for Long-Term Value,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)

The Company within Social and Planetary Boundaries,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Competitive positions, Corporate governance, Environmental value, Financial value, Impacts, Integrated model, Integrated value, Objective of the company, Planetary boundaries, Precautionary principle, Resilience, Shareholder model, Social and environmental impacts, Social boundaries, Social value, Stakeholder model, Sustainable and inclusive economy, Sustainable development goals, Transition

Valuing Private Equity,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Active ownership, Buyout, Buyout equity, Burn rate, Convertible notes, Deal, Due diligence, EBITDA, Equity raising, Exit, Financial engineering, Formal private equity, Fundamental analysis, Fund structure, General partner (GP), Growth equity, Impact PE, Informal private equity, Intentionality, Investee company, J-curve, Late-stage, Leveraged buyout (LBO), Limited partner (LP), Management buy-in (MBI), Management buy-out (MBO), Milestones, Minority stake, Multiples valuation, Pre-deal, Private equity (PE), Private equity companies, Private equity funds, Price-earnings (P/E), Sustainability integration, Start-up, Strategic buyer, Valuation, Value creation, Value driver, Value driver adjustments (VDA), Venture capital (VC), Venture philanthropy

Case Study Integrated Valuation: Inditex,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Business model, Capex, Cost of equity, Cost of debt, Customer value proposition, Double materiality, Depreciation, EBITDA, Enterprise value, Environmental value (EV), E flows, External impacts, Financial value (FV), Integrated value (IV), Integrated value creation, Integrated valuation, Investor presentation, Inward perspective, IPO, Key resources and processes, Management quality, Margins, Materiality, Materiality assessment, Monetisation factor, Netting, Outward perspective, Purpose, Profit formula, Quantification, ROA, Sales-to-assets, S flows, Social value (SV), Stakeholders, Stakeholder impact map, Total assets, Transition, Transition scenarios, Transition valuation scenarios, True prices, X-curve, Valuation, Value creation, Value creation profile, Value destruction, Value driver, Weighted average cost of capital (WACC)

Risk-Return Analysis,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Adaptive markets hypothesis, Beta, Capital asset pricing model (CAPM), Capital market line, Correlation, Cost of integrated capital, Efficient markets hypothesis, Environmental factor, Expected return, Factor models, Factor portfolio, Idiosyncratic risk, Integrated risk, Integrated risk-return analysis, Loss aversion, Market portfolio, Market-wide risk, Multifactor model, Realised return, Risk, Risk-averse investors, Risk-free asset, Risk premium, Risk-return analysis, Risky assets, Scenario analysis, Social discount rate, Social factor, Systematic risk

Cost of Capital,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Adjusted cost of capital, Asset beta, Beta, Capital asset pricing model (CAPM), Cost of capital, Cost of environmental capital rEV, Cost of financial capital rFV, Cost of integrated capital rIV, Cost of social capital rSV, Discounting, Discount rate, Factor beta, Factor portfolio, Industry beta, Integrated discount rate, Market index, Market portfolio, Return on integrated assets, Risk, Risk-free asset, Risk premium, Security market line, Social discount rate, Systematic risk, Weighted average cost of capital (WACC)

Capital Market Adaptability, Investor Behaviour, and Impact,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Active investing, Active ownership, Adaptive markets hypothesis, Analysts, Alpha, Assurance, Behavioural finance, Benchmarking, Beta, Bubbles, Capital asset pricing model (CAPM), Capital market competition, Cost of capital, Efficient markets hypothesis, ESG data, ESG ratings, Excessive trading, Familiarity bias, Fundamental analysis, Historical returns, Impact, Impact analysis, Impact-adjusted return, Impact investing, Impact performance, Implicit markets on impact information, Information production, Integrated return, Investor presentation, Investor relations, Irrational exuberance, Market efficiency, Market index, Passive investing, Path dependency, Performance measure, Random walk, Required return, Return on active ownership, Risk-free rate, Science-based targets, Security market line, Strong market efficiency, Sustainability performance, Tracking error, Transition preparedness, Value relevant, Willingness to pay for impact

Capital Structure,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: After-tax cost of equity, Agency theory, Asset substitution, Balance sheet, Bankruptcy, Capital structure, Capital structure ratios, Company health, Conservation of value principle, Cost of capital, Cost of debt, Cost of equity, Cost of integrated capital, Costs of financial distress, Debt, Debt overhang theory, Direct bankruptcy costs, EBIT, Environmental capital structure, Equity, Equity issues, Financial capital structure, Financial distress, Free cash flow (FCF) theory, Homemade leverage, Information asymmetries, Integrated capital structure, Law of one price, Leverage, Market value balance sheet, Liabilities, Modigliani-Miller (MM) theorems, Optimal capital structure, Pecking order theory, Perfect capital markets, Risk profile, Social capital structure, Static trade-off theory, Tax deduction of interest, Tax shield, Unlevered, Unlevered cost of equity, Weighted average cost of capital (WACC)

Issues and Payouts: Changes in Capital Structure,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Adjusted present value (APV), Buyback, Catering, Capital structure, Cash, Cash reserves, Claims, Dividend, Dividend capture theory, Dividend ratio, Hedonic editing, Integrated payout ratio, Integrated view on issues and payouts, IPO, Issues, Open market share repurchases, Payouts, Payout ratio, Providers of capital, Repurchase, SEO, Share buyback, Special dividend, Stock split, Syndicate, Tax clientele effects, Tender offer, Underwriting

Reporting and Investor Relations,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Assurance, Auditor, Book value, Connectivity, Efficiency ratios, Financial capital, Financial reporting, Financial statement analysis, Going concern, Human capital, Intangibles, Intangible assets, Integrated reporting, Integrated thinking, Integrated value, Interdependencies, International sustainability reporting standards, Investor relations, Limited assurance, Liquidity ratios, Market value, Materiality, Natural capitals, Net working capital (NWC), Profitability ratios, Reasonable assurance, Six capitals, Social capital, Valuation ratios

Mergers and Acquisitions,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Acquirer, Acquired company, Acquisition, Behavioural issues, Bid, Bidder, Buyer, Conglomerate M&A, Due diligence, Economies of scale, Economies of scope, Horizontal M&A, Industry consolidation, Integrated takeover test, Merger, Mergers and acquisitions (M&A), NPV method, Overinvestment, Overvaluation, Synergies, Takeover, Takeover premium, Target, Target company, Value creation, Value destruction, Value extraction, Value of performance improvements, Vertical M&A

Options,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: American option, Ask price, Bid price, Binomial tree, Binomial option pricing model, Black-Scholes option pricing model, Call option, Decision tree, European option, Exercise price, Financial option, Implied volatility, In-the-money, Intrinsic value of an option, Long position, Open interest, Option premium, Option pricing model, Option to expand, Option to abandon, Option to delay, Option quotations, Option value, Out-of-the-money, Payoff graph, Payoff structure, Profit diagram, Put option, Put-call parity, Real option, Risk-free interest rate, Short position, Strike price, Sucker games, Time value of an option, Time to expiration, Underlying value, Value of flexibility, Volatility, Writing an option

Integrated Value Creation,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Adaptation, Business model, Environmental value, Financial value, Intangibles, Integrated value creation, Internalisation of externalities, Materiality, Mission, Purpose, Responsible company, Scenario analysis, Social value, Shareholder model, Stakeholder, Stakeholder impact map, Strategy, Sustainable business model, Transition, Transition preparedness, X-curve, Value creation, Value creation profile, Value destruction

Corporate Governance,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Accountability, Agency theory, Asymmetric information, Balancing interests, Conflict of interest, Corporate governance, Engagement, Fiduciary duty, Future stakeholders, Governance mechanisms, Institutional investors, Integrated model, Integrated value, Objective of the company, Ownership structures, Responsible company, Shareholder model, Short-termism, Stakeholder model, Stakeholder council, Tunnelling

Discount Rates and Scarcity of Capital,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Annuity, Arbitrage, Bond, Bond market, Compounding, Credit rating, Discount factor, Discount rates, Discounted cash flow (DCF) model, Equity market, Integrated discount rate, Interest rate, Money market, One discount rate fits all heuristic, Opportunity cost of capital, Perpetuity, Policy rate, Present value of future cash flows, Social discount rate, Term spread, Time value of money, Yield

Calculating Social and Environmental Value,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Attribution of impact, Discounted cash flow (DCF) model, Environmental value (EV), Impact, Integrated value, Materiality, Materiality assessment, Quantification of social and environmental factors, Rights, Rightsholder, Shadow price, Social value (SV), Stakeholder, True prices, Well-being, Welfare, Welfare theory

Investment Decision Rules,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Company purpose, Constrained PV, Discounted cash flow (DCF), Environmental value (EV), Excessive optimism, Expanded PV, Financial value (FV), Integrated PV, Internal rate of return (IRR), Investment decisions, Investment decision rules, Materiality, Materiality assessment, Monetisation of social value (SV) and environmental value (EV), Net present value (NPV), Overconfidence, Payback period rule, Quantification of social and environmental factors, Shadow price, Social value (SV), Value creation profile

Capital Budgeting,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Break-even analysis, Cannibalisation, Capex, Capex decisions, Capital budget, Capital budgeting process, Cash flow projections, Cash flows, Constrained present value, Expanded present value, Forecast period, Incremental cash flows, Integrated capital budgeting, Integrated PV, Internalisation, Net working capital (NWC), Opportunity costs, Sensitivity analysis, Sunk costs

Valuing Bonds,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Agency costs, Bid-ask spread, Bond, Bond ratings, Bond yields, CDS spread, Coupon, Corporate bonds, Covenant, Credit rating, Credit risk, Credit risk analysis, Default risk, Duration, ESG, ESG integration, Face value, Green bonds, Government bonds, High-yield bonds, Investment-grade bonds, Junk bonds, Liquidity, Liquidity risk, Maturity, Principal, Seniority, Social bonds, Sustainability-linked bonds, Term spread, Term structure of interest rates, Transitions, Yield, Yield spread, Yield to maturity

Valuing Public Equity,
Dirk Schoenmaker and Willem Schramade, from Springer (2023)
Keywords: Absolute valuation methods, Accruals, Comparables methods, Discounted cash flow model (DCF), Dividend discount model (DDM), Enterprise value, Equity value, Equity valuation methods, ESG, ESG integration, Exchange-Traded Funds, Fair value, Fundamental analysis, Fundamental valuation methods, Materiality, Materiality assessment, Multiples valuation, Net present value (NPV), Passive investing, Payout ratio, Public equity, Price-earnings (P/E), Quant investing, Relative valuation methods, Sustainability integration, Terminal value, Valuation, Value driver, Value driver adjustments (VDA), Weighted average cost of capital (WACC)

The State of the Banking Sector in Europe,
Dirk Schoenmaker and Toon Peek, from OECD Publishing (2014)
Keywords: activité bancaire transfrontalière, banks, banques, capital, capital, credit supply, cross-border banking, deleveraging, désendettement, geographical segmentation, offre de crédit, segmentation géographique

The Impact of Cross-Border Banking on Financial Stability,
Dirk Schoenmaker and Wolf Wagner, from Tinbergen Institute (2011)
Keywords: International Banking, Portfolio Diversification, Financial Stability

Can European Bank Bailouts work?,
Dirk Schoenmaker and Arjen Siegmann, from Tinbergen Institute (2012)
Keywords: Financial Stability, Public Good, International Monetary Arrangements, International

Efficiency Gains of a European Banking Union,
Dirk Schoenmaker and Arjen Siegmann, from Tinbergen Institute (2013)
Keywords: Financial Stability, Financial Crises, Public Good, International Banking

Regulating the Financial Cycle: An Integrated Approach with a Leverage Ratio,
Dirk Schoenmaker and Peter Wierts, from Tinbergen Institute (2015)
Keywords: Financial cycle, macroprudential regulation, financial supervision, (shadow) banking

The skill profile of central bankers and supervisors,
Charles Goodhart, Dirk Schoenmaker and Paolo Dasgupta, from London School of Economics and Political Science, LSE Library (2001)