Mandatory Financial Disclosures and the Banking Sector
Dasgupta, Kumar
Produktnummer:
18a69d0810eedf4573939cb7469356427f
| Autor: | Dasgupta, Kumar |
|---|---|
| Themengebiete: | Banking Regulation Impact on Investors Mandatory Disclosures Market Discipline Pillar 3 Disclosures Principal-Agent framework Regulation in an Economy The Basel Committee on Banking Supervision (BCBS) |
| Veröffentlichungsdatum: | 15.08.2024 |
| EAN: | 9783031372148 |
| Sprache: | Englisch |
| Seitenzahl: | 173 |
| Produktart: | Kartoniert / Broschiert |
| Verlag: | Springer International Publishing |
| Untertitel: | A Principal-Agent Framework |
Produktinformationen "Mandatory Financial Disclosures and the Banking Sector"
This book explores mandatory disclosures. The book raises questions regarding the efficacy of market discipline and reaches a conclusion that seems to be borne out by the recent failure of Silicon Valley Bank and Credit Suisse. The book starts by asking the question why do we need mandatory disclosures. First, it develops a framework using a Principal-Agent model that provides an economic rationale for such disclosures. Second, it analyses the requirements outlined in Basel banking regulations over three decades and finds support for the propositions outlined in the developed framework in all key BCBS pronouncements. Last, the book empirically evaluates Pillar 3 disclosures and arrives at the surprising result that such disclosures do not seem have an impact on bond investors. The book concludes by outlining the policy implications regarding the design, efficacy, implementation, and limitations of regulation in an economy.
Sie möchten lieber vor Ort einkaufen?
Sie haben Fragen zu diesem oder anderen Produkten oder möchten einfach gerne analog im Laden stöbern? Wir sind gerne für Sie da und beraten Sie auch telefonisch.
Juristische Fachbuchhandlung
Georg Blendl
Parcellistraße 5 (Maxburg)
8033 München
Montag - Freitag: 8:15 -18 Uhr
Samstags geschlossen