Showing 1 - 10 of 6,029
their operational, investment or financing strategy or when structural changes happen in the economy. This may end in …
Persistent link: https://www.econbiz.de/10011695372
account key institutional features of EU public utilities, such as: a) regulation by agencies with various degrees of …
Persistent link: https://www.econbiz.de/10008729094
In October 2006, Dominion Bond Rating Service (DBRS) introduced new ratings for banks that account for the potential of government support. The rating changes are not a reflection of any changes in the respective banks' credit fundamentals. We use this natural experiment to evaluate the...
Persistent link: https://www.econbiz.de/10009580069
this article, we examine the promise of regulatory dualism as a strategy to diffuse the tension between future growth and … regulatory dualism as a strategy for capital market reform is not unique to Brazil, nor is it suited just to developing countries …
Persistent link: https://www.econbiz.de/10009506961
securities regulation. The discussion offers two theses: one descriptive and the other normative. Descriptively, drawing on … institutional approaches to the study of regulation, I show how regulatory systemic risk emerges in the US securities regulatory …
Persistent link: https://www.econbiz.de/10013128555
Atlantic. We show that the regulation of bankers' pay is presently more detailed and less flexible in Europe than in the US …
Persistent link: https://www.econbiz.de/10013091649
regulation is regulatory systemic risk …
Persistent link: https://www.econbiz.de/10013068598
five times greater in the state in which the shock occurs. Features of banking regulation (Section 109) negatively affect …
Persistent link: https://www.econbiz.de/10012936720
This study examines three issues related to the sensitivity of bank CEO compensation to risk, or vega: (1) its relevance compared with CEO compensation vega in industrial firms; (2) its determinants; and (3) its effect on bank risk-taking. Using a sample of 156 U.S. bank holding companies (BHCs)...
Persistent link: https://www.econbiz.de/10013147144
This paper proposes a theoretical model that incorporates corporate governance into the basic CAPM, where corporate governance affects the disutility of managerial effort and the possibility of managers to divert company resources. It shows that corporate governance affects firms’ stock...
Persistent link: https://www.econbiz.de/10010212666