Deregulation, market power and risk behaviour in Spanish banks

By V. Salas, Jesús Saurina. 2003

299 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/b15a3339107aea3ff0a097e9c7967b386cf4b0d6

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Citations in the corpus

Does Monetary Policy Affect Bank Risk-Taking? (2010, unknown): “9 ECB Working Paper Series No 1166 March 2010 supervision and regulation (Ackerman et al., 1999; Salas and Saurina, 2003; Kouwenberg and Ziemba, 2007).”
Determinants of bank efficiency: evidence from a semi‐parametric methodology (2009, background): “Obviously, the reform process when treated like this is viewed as an ongoing process that affects banks not only at the year of change in the regulatory regime, but for all the succeeding years of the sample period (see Salas and Saurina, 2003).”
Efficiency and Risk in European Banking (2011, unknown): “In this direction also, Demsetz et al., (1996) and Salas and Saurina (2003) found that banks with lower capital tended to operate with higher levels of credit risk in line with the moral hazard hypothesis.”
Risk, capital and efficiency in Chinese Banking (2013, unknown): “However, Hellmann et al. (2000) argue that increase in competition will result in greater risk-taking behaviour due to the fact that market power of banks is reduced and their charter values are decreased (Salas and Saurina, 2003; Goddard and Wilson, 2009).”
Exploring the Nexus between Banking Sector Reform and Performance: Evidence from Newly Acceded EU Countries (2008, methodology): “15 For instance, Salas and Saurina (2003) and Kumbhakar and Lozano-Vivas (2005) employ all the deregulation events that occurred in the period under examination to capture the deregulation process in the Spanish banking industry.”
Competition and Stability in Banking (2016, unknown): “Salas and Saurina (2003) find that liberalization measures in Spain over 31 years have increased competition and eroded banks’ market power (measured again by Tobin’s ), banks with lower charter values tend to have lower equity–assets ratios (lower solvency) and to experience higher credit risk (loa”