Buch, Claudia M.; DeLong, Gayle - In: Journal of Financial Stability 4 (2008) 1, pp. 23-39
Weak bank supervision could give banks the ability to shift risk from themselves to supervisors. We use cross-border bank mergers as a natural experiment to test changes in risk and the impact of supervision. We examine cross-border bank mergers and find that the supervisory structures of the...