143
Views
5
CrossRef citations to date
0
Altmetric
Original Articles

Bank risk, charter value and depositor discipline: a simultaneous equations approach

Pages 639-644 | Published online: 20 Mar 2009

References

  • Agusman , A. , Gasbarro , D. and Zumwalt , J. K. 2006 . “ Bank moral hazard and the disciplining factors of risk taking: evidence from Asian banks during 1998–2003 ” . In FMA European Conference Stockholm
  • Ayuso , J. , Perez , D. and Saurina , J. 2004 . Are capital buffers pro-cyclical? Evidence from Spanish panel data . Journal of Financial Intermediation , 13 : 249 – 64 .
  • Bertrand , M. , Mehta , P. and Mullainathan , S. 2002 . Ferreting out tunneling: an application to Indian business groups . Quarterly Journal of Economics , 117 : 121 – 48 .
  • De Nicolo , G. 2000 . “ Size, charter value and risk in banking: an international perspective, IFC Discussion Paper No. 689, Board of Governors of the Federal Reserve ” . Washington, DC
  • Demirguc Kunt , A. and Huizinga , H. 2004 . Market discipline and deposit insurance . Journal of Monetary Economics , 51 : 375 – 99 .
  • Demsetz , R. , Saidenberg , M. and Strahan , P. 1996 . Banks with something to lose: the disciplinary role of franchise value . FRBNY Economic Review , 2 : 1 – 14 .
  • Flannery , M. and Rangan , K. 2008 . What caused the bank capital build-up of the 1990s? . Review of Finance , 12 : 391 – 429 .
  • Furlong , F. and Kwan , S. April 2005. 2005 . “ Market-to-book, charter value and bank risk-taking: a recent perspective ” . In Paper presented at the Basel Committee Research Task Force Conference April 2005. , Vienna
  • Galloway , T. , Lee , W. and Roden , D. 1997 . Banks' changing incentives and opportunities for risk taking . Journal of Banking and Finance , 21 : 509 – 27 .
  • Ghosh , S. 2007 . Promoting market discipline through interest rates: does financial liberalization matter? . Applied Economics Letters , 14 : 135 – 43 .
  • Gropp , R. and Vesala , J. 2004 . “ Deposit insurance, moral hazard and market monitoring, ECB Working Paper No. 302, ECB ” . Frankfurt
  • Hovakimian , A. and Kane , E. 2000 . Effectiveness of capital regulation at US commercial banks, 1985 to 1994 . Journal of Finance , 55 : 451 – 68 .
  • Keeley , M. 1990 . Deposit insurance, risk and market power in banking . American Economic Review , 80 : 1183 – 200 .
  • Khanna , T. and Palepu , K. 2000 . Is group affiliation profitable in emerging markets: an analysis of diversified Indian business groups? . Journal of Finance , 55 : 867 – 91 .
  • Lindquist , K. G. 2004 . Banks' buffer capital: how important is risk? . Journal of International Money and Finance , 23 : 493 – 513 .
  • Nier , E. and Baumann , U. 2006 . Market discipline, disclosure and moral hazard in banking . Journal of Financial Intermediation , 15 : 332 – 61 .
  • Shrieves , R. and Dahl , D. 1992 . The relationship between risk and capital in commercial banks . Journal of Banking and Finance , 16 : 439 – 57 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.