Aufgabe darin besteht, glaubwürdige Information für Investoren bereitzustellen. Drei Determinanten der Instabilität werden … sinnvolle Reform der Regulierung ableiten. Neben den Anreizproblemen, die Gegenstand einer weiteren Arbeit sind (Franke …

think about information as well as market discipline and discuss policy implications and proposals for regulation. …The aim of this paper is to examine what has been the role of information provision to the market throughout the crisis …. We consider two main sources of information to the market, financial statements and information provided by credit rating …

misjudgement is the usage of heuristics like representativeness. The authors consider that the provision of information may … substantially contribute to the reduction of misjudgement and exuberance in markets. Both availability and quality of information … are important. Another approach aims at the regulation of bank lending, which should be limited particularly during a …

Eine der wesentlichen Gründe für das Entstehen und den Verlauf der Finanzkrise dürfte in der Intransparenz moderner … Bewertungs- und/oder die Koordinationsfunktion der Rechnungslegung mit dem Verlauf der Finanzkrise in Verbindung gebracht werden …

In 2007 the world faced one of the biggest financial crises ever. It was the third important financial crisis in the … worldwide political institutions to approve a more rigorous regulation on financial institutions and predict financial crises … EU regulation on credit rating agencies and current Basel II enhancements. Finally we can determine that most regulatory …