empirical support. We conclude that bank equity is not socially expensive, and that high leverage at the levels allowed, for … challenges are addressed, capital regulation can be a powerful tool for enhancing the role of banks in the economy. …

because it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy … benefits. Contrary to claims in the literature that “equity is expensive” and that regulation requiring more equity in the … funding mix entails costs to society, such regulation actually helps create useful commitment for banks to avoid the …

it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy that …. Contrary to claims in the literature that "equity is expensive" and that regulation requiring more equity in the funding mix … entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high …

Bank's (2013) database covering various aspects of bank regulation. Using multiple explorative factor analysis, we identify …This paper identifies the main dimensions of capital regulation. We use survey data from 142 countries from the World … two main dimensions of capital regulation: complexity of capital regulation and stringency of capital regulation. We show …

-level sources of risk are much easier for corporate governance and regulation to address than risk arising at the systemic level … limited role in the regulation of systemic risk and then relates this discussion to the current state of affairs in the …

Regulation may impact on financial risk taking by financial intermediaries by way of the decision-making process … 2003. In the last eighteen months it was chosen in three of the most recent bank mergers in Italy (Intesa-Sanpaolo IMI … investment bank Mediobanca.It was also suggested for Assicurazioni Generali by international institutional investors. This re …

, the European Union has engaged in an ambitious overhaul of banking regulation. One of its centerpieces, the 2013 Fourth … banks. We focus on the provisions that are aimed at reshaping bank boards' composition, functioning, and their members …' liabilities, and argue that they are unlikely to improve bank boards' effectiveness or prevent excessive risk-taking. We criticize …

In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences … through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the …