fixed income unless the value of the bank’s assets falls below a predetermined threshold. In such an event, the debt … obligation is automatically converted to the bank’s common equities. By using a contingent claims valuation approach we present … bank that includes DES or alternatively subordinated debt in its capital structure. We compare and evaluate quantitatively …

bank risk-taking behavior. We especially focus on the different valuation of gains and losses relative to a reference point …

We examine wealth effects, for banks and insurers, of bank rights to sell and underwrite annuities. The stock …-price reactions to four court and regulatory decisions are consistent with expectations of bank gains at insurers' expense. Cross …, riskier bank holding companies with fee- based and consumer business gain most, consistent with the extension of federal …

This paper provides new evidence on the effects of bank capital requirements in Indonesia. In investigating the impact … of bank capital requirements, we set up a simple model of the banking firm which can detect the impact of capital … econometric tests, we choose the Fixed Effects panel regression model because the bank specific characteristics are found to be …

found for hypothesized transmission mechanisms through improved financing for SMEs or greater overall bank credit flows. The …