Haq, Mamiza; Faff, Robert; Seth, Rama; Mohanty, Sunil - In: Pacific-Basin Finance Journal 26 (2014) C, pp. 37-64
We investigate the impact of bank capital, market discipline and charter value as bank disciplinary tools on both bank … market discipline. Further, our results provide evidence that market discipline complements bank capital while market … discipline substitutes bank self-disciplinary tools such as charter value. Finally, the magnitude of the charter value …