a decrease in bank equity risk. We show theoretically, that keeping less capital in excess of the minimum capital … requirement can outweigh the risk-reducing effect on equity of increased total capitalization. Empirically, we find that excess … capitalization is a significant determinant of equity risk, and can explain why bank equity risk has not become lower after the Great …

, banks' disclosures about relevant risk exposures were relatively sparse. Such disclosures came later after major concerns …

financial stability. Our analysis suggests that, going into the financial crisis, banks' disclosures about relevant risk …

This research paper studies the quality of own credit (OC) risk disclosures in European banks by analyzing their annual …) richness of the information provided, it is found out that disclosure in annual reports about own credit risk tends to be low … variables were selected on a holistic basis and relate to a bank's earnings situation (profit and loss statement view), risk …

This paper analyzes the determinants of empirical credit default swap (CDS) spreads of European banks based on two …) is a statistically significant and economically important credit risk factor from the KMV structural model. The panel … empirical study is the first finding an explanatory content of the EURIBOR-EUREPO, TED and five-year swap spread for CDS spread …

probability, enterprise risk, and value. I measure disclosure via a self-constructed index for the largest 80 U.S. bank holding … of the bank risk and value. This evidence suggests that disclosure may alleviate informational frictions and lead to a … more efficient allocation of risk and return …