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firm incentives in a post-reform financial system. -- Financial regulatory reform ; corporate governance ; bank charter … ; bank insolvency …
Persistent link: https://www.econbiz.de/10008657240
This article has a following thesis: changes in banking and a role of banks in real economy in last years, give an argument for treating banks as public good. Banks received a great support from governments as a result of the subprime crisis. G-20 and European Commission recommended new...
Persistent link: https://www.econbiz.de/10012002038
The failure of Lehman Brothers highlighted the severe lapses in risk management and regulatory oversight that brought on and intensified the global financial crisis. This paper presents a structural credit risk model that provides useful early warning signals that regulators could have used to...
Persistent link: https://www.econbiz.de/10013035485
Corporate governance of banks and other financial institutions differs considerably from general corporate governance. For financial institutions the scope of corporate governance goes beyond the shareholders (equity governance) to include debtholders, insurance policy holders and other...
Persistent link: https://www.econbiz.de/10013087257
based on the resolution authority that the FDIC has held over commercial bank failures. In this article, we consider the …
Persistent link: https://www.econbiz.de/10013083574
liquidity risk, competitive banks offer demand deposits. We use global games to link the probability of a bank run to the … the portfolio choice, (i) banks provide more liquidity ex ante (so banks offer a higher deposit rate), and (ii) the …
Persistent link: https://www.econbiz.de/10012101651
uncertainty also determines instability by suddenly curtailing market and funding liquidity. Third, all financial institutions …
Persistent link: https://www.econbiz.de/10012975823
are inversely related to the deposit ratio, bank size and the GDP growth rate. Taking economic downturns into … consideration, loss rates are negatively related to liquidity, but are positively related to deposit funding and size. Second, we … simulate the distributions of bank losses and financial system losses in Australia for future periods. In doing so, we quantify …
Persistent link: https://www.econbiz.de/10012999381
This article analyses the effects of the bank restructuring process performed in Spain between 2010 and 2016. First, we … Bank of Spain. Second, we investigate whether these reforms affected (i) the stability, (ii) the degree of competition, and … (iii) lending and liquidity supply of the Spanish banking industry. The main results suggest that the restructuring process …
Persistent link: https://www.econbiz.de/10011819351