Teixeira, João C.A.; Silva, Francisco J.F.; Fernandes, … - In: The North American Journal of Economics and Finance 28 (2014) C, pp. 33-58
This paper investigates whether regulatory capital requirements play an important role in determining banks’ equity capital. We estimate equity capital regressions using panel data of a sample of 560 banks for 2004–2010. Our results suggest that regulatory capital requirements are not first...