Bank capital and risk-taking: the impact of capital regulation, charter value, and the business cycle
Auteur :
Stolz, Stéphanie M.
Éditeur :
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
ISBN :
9783642421020
Date de publication :
21 nov. 2014
Dimensions :
23,5 x 15,5 cm
Langue :
Anglais
Pays d'origine :
Allemagne
The year-long consultations on Basel II mirror the international popularity of capital requirements as a regulatory instrument. The aim of this study is to contribute to this understanding by answering the following questions: How do banks adjust capital and risk after an increase in capital requirements?