Governance, Regulation and Bank Stability by Ted Lindblom, Stefan Sjögren, Magnus Willesson (eds.)

By Ted Lindblom, Stefan Sjögren, Magnus Willesson (eds.)

Show description

Read or Download Governance, Regulation and Bank Stability PDF

Best banking books

An Introduction to Credit Derivatives

The second one version of An creation to credits Derivatives offers a large advent to items and a market that experience replaced considerably because the monetary obstacle of 2008. writer Moorad Choudhry supplies a practitioner's point of view on credits spinoff tools and the hazards they contain in a succinct variety with out sacrificing technical info and medical precision.

Organising Knowledge. Taxonomies, Knowledge and Organisational Effectiveness

Taxonomies are frequently inspiration to play a distinct segment function inside of content-oriented wisdom administration tasks. they're considered 'nice to have' yet now not crucial. during this ground-breaking ebook, Patrick Lambe indicates how they play an necessary function in supporting enterprises coordinate and converse successfully.

Extra resources for Governance, Regulation and Bank Stability

Sample text

Finally, a healthy banking system would go beyond ‘regulation by labels’ and focus on ‘regulation by economic function’. An important reason why credit default swaps (CDS) were largely unregulated before the crisis is that they were called CDS, not insurance. , it will reduce ‘regulatory arbitrage’). So, how do we develop a healthy financial system? Based on the preceding discussion, the following steps seem worthy of serious consideration. 1. Create a better business model by creating a bankruptcy code for banks (Chapter 11) similar to that for non-financials.

The frequency of board meetings (BM) is measured as the median of the number of the meetings held the in the years 2004, 2005, 2006 (before the crisis) and this variable allows us to test our third hypothesis. To identify which banks in our samples can be considered systemic (SIB) in each year of our period of investigation (DUMMY_SIB) we refer to the top ten annual ranking of European systematic banks as reported in Acharya and Steffen (2012). This variable is used to construct the interaction terms with BD, IND, and BM allowing us to test the fourth hypothesis.

4 Conclusion In this chapter, I have discussed the 2007–2009 subprime crisis and identified four essential attributes of a healthy financial system. These are: ● ● ● ● The system experiences periodic idiosyncratic failures of a few financial institutions that are not bailed out by the government, but has a very low probability of experiencing large systemic crises. Depository institutions, as well as institutions in the shadow banking system, are well-capitalized. Corporate governance by bank shareholders is active and effective.

Download PDF sample

Rated 4.98 of 5 – based on 9 votes