Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10488008 | Journal of Financial Stability | 2013 | 15 Pages |
Abstract
⺠The paper tests the market discipline of bank risk hypothesis. ⺠The ratio of subordinated debt affects bank risk management decisions. ⺠Market discipline evidence is stronger at BHC-affiliated banks. ⺠The analysis shows that the too-big-to-fail protection prevents market discipline.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics, Econometrics and Finance (General)
Authors
Mohamed Belkhir,