Demirgüç-Kunt, Asli; Detragiache, Enrica - In: Journal of Financial Stability 7 (2011) 4, pp. 179-190
This paper studies whether compliance with the Basel Core Principles for effective banking supervision (BCPs) is associated with bank soundness. Using data for over 3000 banks in 86 countries, we find that neither the overall index of BCP compliance nor its individual components are robustly...