-based informal co- and self-regulation through domestic (gentlemen's) agreements underpinned West German bank internationalisation …Current theories of financial regulation suggest expanding rules-based formal state intervention to promote … regulation, drawing on unused primary sources: Coalitions between the German regulating and regulated actors were bolstered by a …

This paper empirically examines how banks' dividend policy, the institutional environment, and banking regulation … regulation varies for crisis and noncrisis years. The estimation results reveal that banks' dividend policy influences positively … banks' profitability, whereas higher levels of the institutional environment or stricter banking regulation reduces banks …

Reforms of financial regulation after the crisis of 2007-2009 raise the question of what is the relation between … financial regulators and competition authorities. Should competition authorities play a role in financial regulation? Should …-specific regulation involves authorities actually prescribing desired modes of behavior. The ongoing nature of relations makes regulators …

attractive financial services offerings will benefit from having better global financial services regulation. The UK financial …

Hub-and-spoke regulation, where a central regulator with legal power over firms delegates monitoring to local … closure of a US bank regulator's field offices, the banks they previously supervised distribute cash, increase leverage, and … findings suggest that field level interaction is an important part of regulation, and that distancing supervisors from banks to …

premature to conclude that 'Too Big to Fail" has been solved, but macro-prudential regulation is now much more effective and …

In this paper, we investigate how the introduction of complex, model-based capital regulation affected credit risk of … financial institutions. Model-based regulation was meant to enhance the stability of the financial sector by making capital … introduce the model-based approach. Counter to the stated objectives, the introduction of complex regulation adversely affected …

In this paper, we investigate how the introduction of complex, model-based capital regulation affected credit risk of … financial institutions. Model-based regulation was meant to enhance the stability of the financial sector by making capital … introduce the model-based approach. Counter to the stated objectives, the introduction of complex regulation adversely affected …

regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly … "missed the forest for the trees". As a result, the need for macroprudential aspects of regulation emerged, which has recently … macroprudential regulation in creating stable, yet effcient financial systems. At the same time, I emphasize the importance of …

This paper provides the first empirical evidence on how home-country regulation and supervision affects bank risk … independently from the effect that bank balance sheets have on lending. These findings imply that loose home-country regulation and …