Public Disclosure and Bank Failures /
This paper examines how public disclosure of banks' risk exposure affects banks' risk-taking incentives and assesses how the presence of informed depositors influences the soundness of the banking system. It finds that, when banks have complete control over the volatility of their loan por...
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
1997.
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coleção: | IMF Working Papers; Working Paper ;
No. 1997/096 |
Acesso em linha: | Full text available on IMF |