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Quack Corporate Governance, Round III? Bank Board Regulation Under the New European Capital Requirement Directive

Enriques, Luca - 2014

banks. We focus on the provisions that are aimed at reshaping bank boards' composition, functioning, and their members …' liabilities, and argue that they are unlikely to improve bank boards' effectiveness or prevent excessive risk-taking. We criticize … diversity requirements will worsen the shortage of bank directors, while requirements for induction and training and board …

Persistent link: https://www.econbiz.de/10013056692

Five years after the Liikanen Report : what have we learned?

Götz, Martin; Krahnen, Jan Pieter; Tröger, Tobias - 2017

liabilities subject to bail-in. The combination of both components leads to a three-layer structure of bank capital: a bail …

Persistent link: https://www.econbiz.de/10011762942

Monolithic Versus Differential Impacts of SOX Regulation on Market Valuation of Banks’ Loan Loss Provision

Bouchekoua, Asma - 2013

This study examines the incremental impact of the Sarbanes-Oxley Act (SOX) on the market valuation of the discretionary component of banks' provision for loan losses. The SOX provides an interesting context for testing the efficacy of corporate governance provisions developed in the professional...

Persistent link: https://www.econbiz.de/10013093858

Monolithic versus Differential Impacts of Sox Regulation on Market Valuation of Banks’ Loan Loss Provision

Bouchekoua, Asma - 2013

This study examines the incremental impact of the Sarbanes-Oxley Act (SOX) on the market valuation of the discretionary component of banks' provision for loan losses. The SOX act provides an interesting context for testing the efficacy of corporate governance provisions developed in the...

Persistent link: https://www.econbiz.de/10013094386

The political economy of financial systems

Haber, Stephen H.; Perotti, Enrico C. - 2008

This survey reviews the literature on the political economy of financial structure, broadly defined to include the size of capital markets and banking systems as well as the distribution of access to external finance across firms.The theoretical literature on the institutional basis for...

Persistent link: https://www.econbiz.de/10011374399

Systemic Risk in the European Banking Sector

Borri, Nicola - 2012

Brunnermeier (2011) based on the CoVaR and find that size is a predictor of a bank contribution to systemic risk, but it is not the …

Persistent link: https://www.econbiz.de/10013103612

Developing an Index of Liquidity-Risk Exposure : An Application to Latin American and Caribbean Banking Systems

Federico, Pablo Mariano - 2013

After the 2007-2009 global financial crisis and previous financial crises in Latin America, the liquidity-risk exposure of banking systems is considered one of the most important vulnerabilities. At the same time, that exposure may also be the most mysterious of those vulnerabilities, as the...

Persistent link: https://www.econbiz.de/10013086641

Tail Systemic Risk and Banking Network Contagion : Evidence from the Brazilian Banking System

Rivera-Castro, Miguel - 2018

In this study the tail systemic risk of the Brazilian banking system is examined, using the conditional quantile as the risk measure. Multivariate conditional dependence between Brazilian banks is modelled with a vine copula hierarchical structure. The results demonstrate that Brazilian...

Persistent link: https://www.econbiz.de/10012935520

Toward a More Resilient Financial System : Should Banks Be Diversified?

Baselga-Pascual, Laura - 2018

is also referred to as the system-GMM estimator. We conclude that higher income diversification favors bank profitability …. However, our study does not find a significant relationship between revenue diversification and bank risk, even when …

Persistent link: https://www.econbiz.de/10012936777

Lobbying in Finance Industry : Evidence from US Banking System

Unsal, Omer - 2017

We examine the relationship between corporate lobbying, shareholder-based litigation outcomes, and firm value for financial firms. First, we show that political lobbying lowers the litigation likelihood for financial institutions. Secondly, lobbying firms experience a higher likelihood of having...

Persistent link: https://www.econbiz.de/10012944489