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We examine the period over which banking authorities discussed, adopted, and implemented Basel III to understand whether, when, and how firms respond to proposed regulation. We find evidence to suggest that the affected banks not only lobbied rule makers against it, but these banks also made...
Persistent link: https://www.econbiz.de/10012856871
This is an Online Appendix to "Disclosure Regulation in the Hands of Bank Regulators", available at: "https …
Persistent link: https://www.econbiz.de/10012846466
Using a unique setting where stand-alone banks submit filings to bank regulators instead of the SEC, we examine the … consequences of disclosure regulation in the hands of bank regulators. Consistent with theory, we find that bank regulators are … less concerned about transparency than the SEC. Bank regulators' disclosure requirements are less strict and the disclosure …
Persistent link: https://www.econbiz.de/10012848685
At the peak of the financial crisis in October 2008, the IASB amended IAS 39 to grant companies the option of abandoning fair value recognition for selected financial assets. Using a comprehensive global sample of publicly listed IFRS banks, we find that banks use the reclassification option to...
Persistent link: https://www.econbiz.de/10009651904
indeed find that a failure prediction model for large banks is considerably different from that for small banks. Major bank … for bank failures should be separate for small and large banks …
Persistent link: https://www.econbiz.de/10012895930
the average bank. The authors show similar effects on net charge-offs and for U.S. banks only …
Persistent link: https://www.econbiz.de/10013055917
the ongoing substitution between securities and bank lending as the main financing channel of non-financial firms …
Persistent link: https://www.econbiz.de/10012925194
choices when determining their own. This effect is asymmetric and not present in bank capital choices. Importantly, I find …
Persistent link: https://www.econbiz.de/10013248835
This paper examines the negative externalities that may occur when a large bank fails, describes the nature of those … directed first at closing institutions promptly, reforming bankruptcy statutes to admit special procedures for handling bank …
Persistent link: https://www.econbiz.de/10003730539
bank market values hardly respond to changes in the default risk of individual systemic banks. Together, however, changes …
Persistent link: https://www.econbiz.de/10010354063