Showing 1 - 10 of 399
question : why do banks fund loans with both equity and demand deposits ? The model determines the optimal bank capital … structure. In comparison with a Diamond-Dybvig bank which funds loans with demand deposits only, a capitalized financial … model identifies the sources of market failure that may justify banking regulation. …
Persistent link: https://www.econbiz.de/10010707190
During this interview, Joel Metais retraces the milestones in the history of the financial industry, suffering under the constraints, as least as far as retail banks are concerned, of rules and regulations constituting thinly veiled protectionism, which in Europe has at last begun to give way to...
Persistent link: https://www.econbiz.de/10011072201
systemic risk. Moreover, bank regulation is considered in a two-scale level, either at the bank level or at the system …The post-crisis financial reforms address the need for systemic regulation, focused not only on individual banks but … alternative model to Basel framework is derived where systemic risk is taken into account in each bank's dynamic. This might be a …
Persistent link: https://www.econbiz.de/10010790026
systemic risk. Moreover, bank regulation is considered in a two-scale level, either at the bank level or at the system …The post-crisis financial reforms address the need for systemic regulation, focused not only on individual banks but … alternative model to Basel framework is derived where systemic risk is taken into account in each bank's dynamic. This might be a …
Persistent link: https://www.econbiz.de/10010708963
previously developed relationship with a lead bank obtained a lower spread and a longer maturity during the financial crisis but …
Persistent link: https://www.econbiz.de/10010960595
. Intermed. doi:10.1016/j.jfi.2012.06.001, 2012), with optimal contracting between competitive investors and an impatient bank … explicit description of both the value function and the optimal contract. Finally, we study the limit case where the bank is no …
Persistent link: https://www.econbiz.de/10011073244
The organization of securities markets has not benefited from the feigned attempts of reform presented by authorities since the outbreak of the current crisis. However, speculative opportunities like the risks incurred also depend on the markets on which one operates. The Markets in Financial...
Persistent link: https://www.econbiz.de/10011073693
. Recent scandals in the financial industry exposed overconfidence in IT based regulation and, as scholars of regulation have … with a broad perspective we define sociomaterial regulation as the relationships between the rules, the IT artifacts, and … modalities of sociomaterial regulation which can be understood using the three relationships: functionality-, tool-, role …
Persistent link: https://www.econbiz.de/10010757430
French law mandates that employees of publicly listed companies can elect two types of directors to represent employees. Privatized companies must reserve board seats for directors elected by employees by right of employment, while employee-shareholders can elect a director whenever they hold at...
Persistent link: https://www.econbiz.de/10010708775
French law mandates that employees of large publicly listed companies be allowed to elect two types of directors to represent employees. First, partially privatized companies must reserve two or three (depending on board size) board seats for directors elected by employees by right of...
Persistent link: https://www.econbiz.de/10011074058