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The new UEFA Club Licensing and Financial Fair Play Regulations have encountered stiff criticism. The concerns are that the new regulations may harm football in three different ways: By forgoing the potential benefits from substantial injections of “external” money into payrolls, by...
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an EUBS, there are also lessons in some shortcomings of the U.S. experience. We identify areas of risk for individual and …
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This article examines the evidences of moral hazard and the determinants of risk-taking among 500 banks in Central … Europe, the Baltic, and Balkan region. We analyze moral hazard incentives and investigate which factors impact the risk … structure. We find strong link between level of risk-taking and bank manager performance and efficiency, which supports the …
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