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There are different types of audit, such as financial audit, regulatory audit, operational audit of performances, audit of information systems, environmental audit and others. But basically, we distinguish two types of audit which will be the main focus of attention in this work. External audit,...
Persistent link: https://www.econbiz.de/10011112074
As well as incorporating and exploring the role of formal analytical methods as a means of highlighting and discovering foundational and fundamental strategy issues, such as the determinants/causes of performance differences between banking institutions and other corporate structures across...
Persistent link: https://www.econbiz.de/10011156981
A sufficient and appropriate degree of central bank independence is widely acknowledged to be necessary for the goal of achieving price stability. However, despite the levels of independence claimed to be enjoyed by several central banks, recent events indicate shifts in focus of monetary policy...
Persistent link: https://www.econbiz.de/10011257824
The need for effective supervision of capital markets is becoming all the more evident in the aftermath of the recent … paper is aimed at highlighting why the transfer of bank supervision back to the Bank of England is required if further … progress is to be made in the effective regulation and supervision of the financial services sector. It also highlights …
Persistent link: https://www.econbiz.de/10011259086
supervisor’s signal, the likelihood of facing a high quality credit cooperative, and the cost of supervision. …
Persistent link: https://www.econbiz.de/10011259760
, the likelihood of facing a high quality MFI, and the cost of supervision. However, since improving the accuracy of … supervision is costly, even in the optimal monitoring scheme there generally exists a positive probability of MFI failure. The …
Persistent link: https://www.econbiz.de/10011259987
This paper highlights why financial bailouts are an inevitable and necessary element in global efforts aimed at ensuring that financial stability is sustained. How could such bailouts be conducted in such a way that moral hazard does not become a too frequent, ever recurring issue? Systemic...
Persistent link: https://www.econbiz.de/10011260835
delegation of supervisory responsibilities in the UK, namely the transfer of bank supervision from the Financial Services …
Persistent link: https://www.econbiz.de/10011261038
In this study, using the World Bank’s Bank Regulation and Supervision Survey (BRSS) data, we draw insights about the … bank regulatory/supervisory styles, illustrate the differences in regulation/supervision among crisis, non-crisis and BRICS … countries, and highlight the ways in which bank regulation and supervision has changed during the crisis period. The study …
Persistent link: https://www.econbiz.de/10011113271
Central banks’ economic and political importance has grown in advanced economies since the start of the Great Financial Crisis in 2007. An unwillingness or inability of governments to use countercyclical fiscal policy has made monetary policy the only stabilization tool in town. However, much...
Persistent link: https://www.econbiz.de/10011114270