Bertus, Mark; Jahera Jr., John S.; Yost, Keven - In: Journal of Banking & Finance 32 (2008) 2, pp. 338-345
This paper empirically analyzes the relation between foreign bank ownership and the three pillars of the New Basel Capital Accord (i.e., capital regulatory oversight, supervisory oversight, and market discipline). Using a new database covering 153 countries, we find that countries with greater...