McIntyre, M.L.; Tripe, David; Zhuang, Xiaojie - In: Journal of Financial Stability 5 (2009) 1, pp. 25-34
market discipline on banks either through the price approach (the correlation of price to risk), or the quantity approach … market conditions approach. We seek to determine if the prerequisites for the exertion of effective market discipline by … stakeholder monitors, as set out in Llewellyn and Mayes (2003. The role of market discipline in handling problem banks. Bank of …