new Basel III Accord to counter excessive bank risk-taking behavior. However, prior theoretical as well as empirical … literature that studies the impact of risk-based capital requirements on bank risk-taking behavior is inconclusive. The primary … purpose of this paper is to examine the impact of risk-based capital requirements on bank risk-taking behavior, using a panel …

Operational risk management remains a major concern for financial institutions. Indeed, institutions are bound to … manage their own funds to hedge this risk. In this paper, we propose an approach to allocate one's own funds based on a …