| 书目名称 | Mandatory Financial Disclosures and the Banking Sector |
| 副标题 | A Principal-Agent Fr |
| 编辑 | Kumar Dasgupta |
| 视频video | |
| 概述 | Analyses the regulatory pronouncements of the Basel Committee on Banking Supervision (BCBS) over three decades.Evaluates the extent to which mandatory disclosures are taken on board by market particip |
| 丛书名称 | Palgrave Macmillan Studies in Banking and Financial Institutions |
| 图书封面 |  |
| 描述 | This book explores mandatory disclosures. The book raises questions regarding the efficacy of market discipline and reaches a conclusion that seems to be borne out by the recent failure of Silicon Valley Bank and Credit Suisse. The book starts by asking the question why do we need mandatory disclosures. First, it develops a framework using a Principal-Agent model that provides an economic rationale for such disclosures. Second, it analyses the requirements outlined in Basel banking regulations over three decades and finds support for the propositions outlined in the developed framework in all key BCBS pronouncements. Last, the book empirically evaluates Pillar 3 disclosures and arrives at the surprising result that such disclosures do not seem have an impact on bond investors. The book concludes by outlining the policy implications regarding the design, efficacy, implementation, and limitations of regulation in an economy. |
| 出版日期 | Book 2023 |
| 关键词 | Mandatory Disclosures; The Basel Committee on Banking Supervision (BCBS); Pillar 3 Disclosures; Princip |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-3-031-37212-4 |
| isbn_softcover | 978-3-031-37214-8 |
| isbn_ebook | 978-3-031-37212-4Series ISSN 2523-336X Series E-ISSN 2523-3378 |
| issn_series | 2523-336X |
| copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl |
发表于 2025-3-21 17:51:13
