IDEAS home Printed from https://ideas.repec.org/a/ids/injbaf/v14y2024i1p28-57.html
   My bibliography  Save this article

Booking positions in small offshore financial centres: focus on US global banks

Author

Listed:
  • Carmela D'Avino
  • Mimoza Shabani

Abstract

Small offshore centres are home to the leading booking centres of global banks and facilitate their transactions across offices worldwide. This paper investigates the factors driving booking positions in offices located in small offshore centres, with a focus on US global banks. We find that global banks tend to increase their booking positions when liquidity conditions at the global and parent levels deteriorate and when banks' risk-taking increases through leverage. Our results suggest that lower tax levels and higher secrecy explain booking centres' localisation in small offshore countries.

Suggested Citation

  • Carmela D'Avino & Mimoza Shabani, 2024. "Booking positions in small offshore financial centres: focus on US global banks," International Journal of Banking, Accounting and Finance, Inderscience Enterprises Ltd, vol. 14(1), pages 28-57.
    • Handle: RePEc:ids:injbaf:v:14:y:2024:i:1:p:28-57
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=137095
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:injbaf:v:14:y:2024:i:1:p:28-57. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=277 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.