Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/59474 
Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
Working Paper No. 2012-04
Verlag: 
Rutgers University, Department of Economics, New Brunswick, NJ
Zusammenfassung: 
Self regulation encouraged by market discipline constitutes a key component of Basel II's third pillar. But high-risk investment strategies may maximize the expected value of some banks. In these cases, does market discipline encourage risk-taking that undermines bank stability in economic downturns? This paper reviews the literature on corporate control in banking. It reviews the techniques for assessing bank performance, interaction between regulation and the federal safety net with market discipline on risk-taking incentives and stability, and sources of market discipline, including ownership structure, capital market discipline, product market competition, labor market competition, boards of directors, and compensation.
Schlagwörter: 
banking
JEL: 
D20
Dokumentart: 
Working Paper

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