Hogan, Thomas L.; Meredith, Neil R.; Pan, Xuhao (Harry) - In: Journal of Financial Regulation and Compliance 23 (2015) 2, pp. 115-134
Purpose – The purpose of this study is to replicate Avery and Berger’s (1991) analysis using data from 2001 through 2011. Although risk-based capital (RBC) regulation is a key component of US banking regulation, empirical evidence of the effectiveness of these regulations has been mixed....