Open AccessJournal Article
Comparing financial systems.
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This article is published in Kyklos.The article was published on 2000-01-01 and is currently open access. It has received 603 citations till now.read more
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Dissertation
Analyse des effets de la concurrence bancaire sur la stabilité et l'efficience : une perspective européenne
TL;DR: In this article, a debat on the degre de concurrence optimalen Europe is discussed, where the authors propose a lien positif entre concurrence and stabilite.
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Market for Bank Control, Charter Value, and Risk Incentives: Evidence from a Landmark Court Decision
Kose John,Dasol Kim,Chenyang Wei +2 more
TL;DR: This article examined structural shifts in the market for bank control resulting from the court decision of Northeast Bancorp, Inc., et al. v. Board of Governors (1985), and analyzed its impact on stock prices and risk incentives in affected banks.
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Competition Between Banks with Different Ownership Structure: Implications for Performance, Risk and Welfare
TL;DR: In this article, the authors present a model of strategic competition in the retail banking sector where a profit-maximizing bank, i.e., commercial bank, competes against a non-for-profit maximizing bank, such as a stakeholder bank.
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A Macroprudential Perspective on the Regulatory Boundaries of U.S. Financial Assets
David M. Arseneau,Grace Brang,Matt Darst,Jacob M. M. Faber,David Rappoport,Alexandros Vardoulakis +5 more
TL;DR: In this article , the regulatory perimeter is defined as the boundary between the part of the financial sector that is subject to some form of prudential regulatory oversight and that which is not, and it has evolved over the past forty years.
Journal Article
Anemirical study of ownership structure and its impact on corporate governance and performance in Indian context
TL;DR: In this article, the authors argue that for Inclusive growth and development there has to be strong Governance but separation of ownership and control affects sound Corporate Governance, and that corporate governance is essential.
References
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Journal ArticleDOI
Investor Protection and Corporate Governance
TL;DR: In this article, the authors argue that the legal approach is a more fruitful way to understand corporate governance and its reform than the conventional distinction between bank-centered and market-centered financial systems, and discuss the possible origins of these differences, summarize their consequences, and assess potential strategies of corporate governance reform.
Journal ArticleDOI
The Theory of Bank Risk Taking and Competition Revisited
John H. Boyd,Gianni De Nicolo +1 more
TL;DR: The authors show that existing theoretical analyses of this topic are fragile, since there exist fundamental risk-incentive mechanisms that operate in exactly the opposite direction, causing banks to become more risky as their markets become more concentrated.
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Bank concentration, competition, and crises: First results
TL;DR: In this paper, the impact of national bank concentration, bank regulations, and national institutions on the likelihood of a country suffering a systemic banking crisis was studied using data on 69 countries from 1980 to 1997.
Posted Content
Competition and Financial Stability
Franklin Allen,Douglas Gale +1 more
TL;DR: The authors used a variety of models to address the question of what are the efficient levels of competition and financial stability, and found that different models provide different answers, and that sometimes competition increases stability, while in a second best world, concentration may be socially preferable to perfect competition.
Posted Content
The Corporate Governance of Banks
Jonathan R. Macey,Maureen O'Hara +1 more
TL;DR: In this paper, the authors argue that commercial banks pose unique corporate governance problems for managers and regulators, as well as for claimants on the banks' cash flows, such as investors and depositors.