کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
999876 | 1481638 | 2013 | 12 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
The financial institutions incentives when they place financial assets with credit risk to retail investors
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
موضوعات مرتبط
علوم انسانی و اجتماعی
مدیریت، کسب و کار و حسابداری
حسابداری
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: The financial institutions incentives when they place financial assets with credit risk to retail investors The financial institutions incentives when they place financial assets with credit risk to retail investors](/preview/png/999876.png)
چکیده انگلیسی
This paper analyzes the conflict of interest that exists when a financial institution issues and places a financial asset with credit risk among retail investors. Four regulatory measures are presented and analyzed in order to improve retail investors protection. Theoretically, it is shown that two of these measures, setting a price cap to the issue and an adequate enforcement could implement a first best social optimum.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: The Spanish Review of Financial Economics - Volume 11, Issue 1, January–June 2013, Pages 1–12
Journal: The Spanish Review of Financial Economics - Volume 11, Issue 1, January–June 2013, Pages 1–12
نویسندگان
Ramiro Losada,