Hazli Zakaria, Roza; Ghafar Ismail, Abdul - In: Humanomics 24 (2008) 2, pp. 95-109
Purpose – The purpose of this paper is to validate the concern that banks' increasing involvement in securitization activity restrains banks' lending, as well as their degree of risk tolerance. Theoretical frameworks claim that securitization reduces risk, hence decreasing banks' degree of...