Controlling-Regelkreis einer Bank ein. Die drei Teile des Forschungsberichts enthalten zudem jeweils die Ergebnisse einer Ende …

whether depositors monitor their banks and withdraw their savings deposits whenever the fundamentals of their bank are no … longer satisfactory. We use a panel of bank-specific data on 250 Swiss banks over the period 1987-1998. We find considerable … evidence of market discipline, in the sense that depositors are sensitive to bank-specific fundamentals, to institutional …