Showing 11 - 20 of 380,155
The Basel Accord has often been regarded as one of the most successful forms of international regulation due to the … high level of compliance from various actors despite the lack of direct repercussions. International financial regulation … to perform as a stable method of international regulation, despite the consistent presence of flaws within the global …
Persistent link: https://www.econbiz.de/10012956093
This is a chapter for a forthcoming volume Oxford Handbook of Financial Regulation (Oxford University Press 2014) (eds …. Eilís Ferran, Niamh Moloney, and Jennifer Payne). It provides an overview of EU financial regulation from the first banking … the accommodation of cross-border capital flows and their regulation necessarily require an orchestration of the …
Persistent link: https://www.econbiz.de/10010372581
This paper analyzes the relation between CEOs monetary incentives, financial regulation and risk in banks. We present a … affected banks' stock price and volatility during the 2007-2008 financial crisis on a sample of large banks around the World … regulation. The empirical analysis suggests that the sensitivity of CEOs equity portfolios to stock prices and volatility has …
Persistent link: https://www.econbiz.de/10013050210
securities regulation. The discussion offers two theses: one descriptive and the other normative. Descriptively, drawing on … institutional approaches to the study of regulation, I show how regulatory systemic risk emerges in the US securities regulatory …
Persistent link: https://www.econbiz.de/10013128555
implementing regulation two key procedural mechanisms: (1) a requirement of automatic subsequent review and reconsideration of the …
Persistent link: https://www.econbiz.de/10013113238
Financial regulation should be countercyclical, strengthening during speculative booms to contain excessive leverage … and loosening following crises so as to not limit credit extension in hard times. And yet, financial regulation in fact … choice perspective on financial regulation, i.e. rational choice ideas drawn from economics and applied to politics, but with …
Persistent link: https://www.econbiz.de/10013086761
This written testimony accompanied Professor J.W. Verret's oral testimony before the House Committee on Financial Services. This testimony argues that executive compensation proposals by the Administration will not address any systemic risk posed by large financial institutions. It also argues...
Persistent link: https://www.econbiz.de/10013157878
Sector-specific macroprudential regulations can increase the riskiness of credit to other sectors. First, using cross-country bank-level data we find that after a tightening of household-specific macroprudential policy during a credit expansion, banks with larger portfolios of residential...
Persistent link: https://www.econbiz.de/10013553461
We examine the impact of corporate board reforms around the world on stock price crash risk. Using a sample of firms in …
Persistent link: https://www.econbiz.de/10012843006
This paper describes how behavioral elements are relevant to financial supervision,regulation, and central banking. It …
Persistent link: https://www.econbiz.de/10012912488