bank core capital, suggesting that bank managers tend to increase pure equity to signal better monitoring efforts and avoid … (PLS) principle that considers depositors as investors who agree to share profits and losses with the bank, thus making the …

The role that banks play in screening and monitoring their borrowers is well understood. However, these bank activities … question – who monitors the monitor? Financial intermediation theories posit that bank capital structure plays such a role in … incentivizing banks to monitor their borrowers. Both bank debt and bank equity have been proposed in various theories as providing …

equity and towards deposits when creditor rights become stronger. These results suggest that bank equity, rather than … in bank leverage affect bank risk-taking. We find that increases in creditor rights increase bank risk-taking, but only …

analyzes the implications of the change from IAS 39 to IFRS 9 in the context of bank resilience. We shed light on two effects … bank resilience through lower capital levels. In the absence of archival data of IFRS 9 and their potential biases due to … the COVID-19 pandemic, we use the European bank stress test results as a natural experiment, in which all banks are …

subprime borrowers carry negative NPVs. The dispersion of bank risk generated by this sorting is magnified in more unequal …

impact of accounting standard changes on bank behavior and, consequently, on the resilience of corporate and investment banks …. Thus, this paper provides early empirical evidence of the IFRS 9 transition for bank supervisors, governments, and …