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Disclosure is widely regarded as a necessary condition for market discipline in a modern financial sector. However, the … determinants of disclosure decisions are still unknown, particularly among banks. This paper investigates the determinants of … disclosure by Japanese Shinkin banks in 1996 and 1997. This period is unique because disclosure of non-performing loans was …
Persistent link: https://www.econbiz.de/10011402650
Disclosure is widely regarded as a necessary condition for market discipline in a modern financial sector. However, the … determinants of disclosure decisions are still unknown, particularly among banks. This paper investigates the determinants of … disclosure by Japanese Shinkin banks in 1996 and 1997. This period is unique because disclosure of non-performing loans was …
Persistent link: https://www.econbiz.de/10005406090
s have been worked through.Greater market discipline, in the form of a regime of quarterly public disclosure by banks of …
Persistent link: https://www.econbiz.de/10012147754
was the continuously increasing importance given to transparency and disclosure, as a consequence of the most recently …, our paper provides a different approach, by focusing upon the trend of research studies on disclosure and transparency in …
Persistent link: https://www.econbiz.de/10010925384
This paper deals with two issues. On the one hand, it shows that structural changes in financial markets and in the hedge funds industry make the “light-touch” arguments for regulating hedge funds no longer relevant. On the other hand, pleas for stronger regulation of hedge funds are getting...
Persistent link: https://www.econbiz.de/10009493752
This paper deals with two issues. On the one hand, it shows that structural changes in financial markets and in the hedge funds industry make the “light-touch” arguments for regulating hedge funds no longer relevant. On the other hand, pleas for stronger regulation of hedge funds are getting...
Persistent link: https://www.econbiz.de/10005404309
have been worked through. Greater market discipline, in the form of a regime of quarterly public disclosure by banks of …
Persistent link: https://www.econbiz.de/10005419681
This paper deals with two issues. On the one hand, it shows that structural changes in financial markets and in the hedge funds industry make the ?light-touch? arguments for regulating hedge funds no longer relevant. On the other hand, pleas for stronger regulation of hedge funds are getting...
Persistent link: https://www.econbiz.de/10005560110
The recent global financial crisis reflects numerous breakdowns in the prudential discipline of financial firms. This paper discusses ways to strengthen micro- and macroprudential supervision and restore credible market discipline. The discussion notes that microprudential supervisors are...
Persistent link: https://www.econbiz.de/10010292244
EMU driven interest rate convergence has led to a significant reduction of borrowing costs for some European governments in the second half of the nineties. The paper deals with the possible consequences for deficit behaviour. Although the impact of interest rates on deficits is a crucial...
Persistent link: https://www.econbiz.de/10010297752