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This paper studies whether compliance with the Basel Core Principles for Effective Banking Supervision (BCPs) improves bank soundness. The authors find a significant and positive relationship between bank soundness (measured with Moody''s financial strength ratings) and compliance with...
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This paper studies whether compliance with the Basel Core Principles for effective banking supervision (BCPs) is associated with bank soundness. Using data for over 3,000 banks in 86countries, we find that neither the overall index of BCP compliance nor its individual components are robustly...
Persistent link: https://www.econbiz.de/10014402918
This paper explores insolvency and debt recovery procedures, and political, legal, and institutional factors … structures and the depth of recessions across economies. Second, aspects of insolvency procedures favoring rehabilitation of …
Persistent link: https://www.econbiz.de/10014400638