outcome of the interaction between market liquidity risk, solvency risk, and the funding structure of banks. To assess the …We offer a multi-period systemic risk assessment framework with which to assess recent liquidity and capital regulatory … requirement proposals in a holistic way. Following Morris and Shin (2009), we introduce funding liquidity risk as an endogenous …

We study the effect of board governance in state-owned and private banks by undertaking a study of commercial banks in … exhibiting a significant positive correlation with the performance of private banks and a significant but negative correlation … with the performance of state-owned banks. The effect of CEO duality is negative in state-owned banks where incidence of …

lead to significant changes in the competitive environment should banks consider adding a granularity adjustment to the …

RBC rules and related rules on bank liquidity. We find that nine of the 27 rules include RIAs. Five of the RIAs claim the …

We develop a dynamic model of banking to assess the effects of liquidity and leverage requirements on banks' insolvency … risk. In this model, banks face taxation, flotation costs of securities, and default costs and maximize shareholder value … regulatory requirements. Our analytic characterization of the bank policy choices shows that imposing solely liquidity …

lead to significant changes in the competitive environment should banks consider adding a granularity adjustment to the …

We study the effect of board governance in state-owned and private banks by undertaking a study of commercial banks in … exhibiting a significant positive correlation with the performance of private banks and a significant but negative correlation … with the performance of state-owned banks. The effect of CEO duality is negative in state-owned banks where incidence of …

This paper sets out the criteria that boards and supervisors should use to determine whether banks are governing risk … correctly. First, boards have to set an overall risk target consistent with the overall return target. Second, the bank’s …

We develop a dynamic model to assess the effects of liquidity and leverage requirements on banks' insolvency risk. The … model features endogenous capital structure, liquid asset holdings, payout, and default decisions. In the model, banks face …. Using the model, we show that liquidity requirements have no long-run effects on default risk but may increase it in the …