Showing 81 - 90 of 154,546
We analyze the problem of a policy authority (PA) that must decide when to resolve a troubled bank whose underlying … solvency is uncertain. Delaying resolution increases the chance that information arrives that reveals the bank's true solvency … efficient resolution decision following the arrival of information. Providing the bank with liquidity support buys the PA time …
Persistent link: https://www.econbiz.de/10013166630
Regulation needs effective supervision; but regulated entities may deviate with unobserved actions. For identification, we analyze banks, exploiting ECB's asset-quality-review (AQR) and supervisory security and credit registers. After AQR announcement, reviewed banks reduce riskier securities...
Persistent link: https://www.econbiz.de/10012833527
This paper analyzes the causal relationship between institutional diversity in domestic banking sectors and bank … stability. We use a large bank- and country-level unbalanced panel data set covering the EU member states' banking sectors … of institutional diversity in the domestic banking sector positively affects bank stability. The positive relationship …
Persistent link: https://www.econbiz.de/10012833711
This paper considers the financial stability risks caused by Big Tech's entry into retail banking and discusses alternative policy responses aimed at allaying those concerns. The entry of Big Tech platforms may transform the retail banking industry in radical ways: while it may spur much-needed...
Persistent link: https://www.econbiz.de/10012836369
Banking regulation faces multiple challenges that call for rethinking the way it is designed. Not only does it have to tackle the specific risks associated with banking activities, but it is now expected from it to help dealing with climate change. In this paper, we argue that regulators should...
Persistent link: https://www.econbiz.de/10012837783
This paper empirically examines how banks' dividend policy, the institutional environment, and banking regulation affects banks' profitability using panel data of a sample of 567 banks, mainly from Organisation for Economic Cooperation and Development countries, for 2004–2015. It further...
Persistent link: https://www.econbiz.de/10012839032
institutions is firmly embedded in bank supervisory law and regulation. Most recently there has been intense discussion on the … purpose of (non-bank) corporations. Shareholder governance and stakeholder governance have been and still are the two … given way to stakeholder and, more particularly, creditor or debtholder governance, certainly in bank supervision and …
Persistent link: https://www.econbiz.de/10012839611
Using novel receivable-based-loan data, we study the effect of aging-report loan covenants on borrowers' accounts receivable reporting quality. Our purpose is to highlight a channel that lenders use to obtain private information and to understand whether lenders' information acquisition affects...
Persistent link: https://www.econbiz.de/10012842317
tests, asking do they add value to the information available in the bank capital ratios observed at the start of the stress … holding of domestic government bonds all require a bank-specific approach in the supervisory review and evaluation process …
Persistent link: https://www.econbiz.de/10012843606
hand-collected data on enforcement actions and bank-quarter or branch-year data on deposits and other bank characteristics …
Persistent link: https://www.econbiz.de/10012951948