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Do Accounting Changes Affect the Economic Behaviour of Financial Firms?
Beatty, Anne - 2013
influence bank decision-making.quot; These papers do not attempt to disentangle the effects of capital regulation versus market … accounting does not affect regulatory capital calculations. This is consistent with bank managers acting as if they are concerned …
Persistent link: https://www.econbiz.de/10012711586
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Dynamic Prudential Regulation : Is Prompt Corrective Action Optimal?
Shim, Ilhyock - 2013
Prompt Corrective Action (PCA) prescribes prompt and deterministic termination of banks with insufficient levels of book-value capital. This paper investigates whether reliance on book-value capital is a good policy choice and if PCA is an optimal regulatory approach. I use a variant of DeMarzo...
Persistent link: https://www.econbiz.de/10012711686
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Forbearance and Prompt Corrective Action
Kocherlakota, Narayana - 2013
This paper investigates whether a bank regulator should terminate problem banks promptly or exercise forbearance. We …
Persistent link: https://www.econbiz.de/10012711949