Subordinated debt, market discipline, and banks' risk taking

By Jürg M. Blum. 2002

131 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/7d1f25e6de64f0e465e2a0af4060acbe1521e178

Citations in the corpus

• Thoughts on Financial Accounting and the Banking Industry (2014, unknown): “mechanisms, transparency can promote bank stability by enhancing market discipline of banks’ risk-taking decisions (e.g., Rochet, 1992; Blum, 2002; Cordella and Yeyati, 1998).”
• Creditor rights and corporate risk-taking (2009, unknown): “However, Campa and Kedia (2002) and Villalonga (2004) find that the diversification discount disappears after addressing endogeneity econometrically, which means that business segments acquired by conglomerates are inferior to their industry’s standalone counterparts. These results are recently over”