We study lottery behavior in banking stocks and use MAX/MIN to capture loss protection from bank bailout guarantees. We … find that bank lottery preferences lead to lower short-term returns and that regulatory TARP assistance increases the … likelihood of bank lotteryness and risk taking. Lottery-type bank equities are riskier after TARP and exhibit fatter right to …

bank profits, taxpayers, and consumers. …

In 2014 the Prudential Regulation Authority, Bank of England, was given a new secondary objective to facilitate … mitigating risk in the absence of good prudential regulation, and (iv) if prudential regulation is set at the same time that the …

paper shows that financial regulation can be effective at mitigating this type of risk. Exploiting regulatory changes … financial institutions subject to stricter regulation. Following the easing of these regulations, overconfidence-induced risk …-taking increases again. These findings confirm the effectiveness of financial regulation at correcting overconfident behavior, but also …

to provide guidance for the drawing up of national legislation and regulation, and have already had a pervasive influence … around the world.This paper surveys recent international developments concerning the prudential regulation of financial … complex regulation. Removing impediments to more effective self discipline and market discipline in the financial sector would …

the recent financial crisis, commentators often argue that bank executives had poor incentives. Critics claim, in … bank managers were at the root of the recent crisis. On the academic side of the current debate, recent empirical studies … reveal no proof that short-term incentives led to excessive risks. The second question is whether banking regulation should …

competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the …We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … ask two questions: i) how does capital regulation affect (endogenous) entry; and ii) how do (exogenous) changes in the …