Article ID Journal Published Year Pages File Type
10488008 Journal of Financial Stability 2013 15 Pages PDF
Abstract
► The paper tests the market discipline of bank risk hypothesis. ► The ratio of subordinated debt affects bank risk management decisions. ► Market discipline evidence is stronger at BHC-affiliated banks. ► 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
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