Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10009728478
This paper studies the impact of capital requirements, deposit insurance and franchise value on a bank’s capital structure. We find that properly regulated banks voluntarily choose to maintain capital in excess of the minimum required. Central to this decision is both firm franchise value and...
Persistent link: https://www.econbiz.de/10010863581