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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| 格式: | 雜誌 |
| 語言: | English |
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Washington, D.C. :
International Monetary Fund,
1997.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 1997/096 |
| 在線閱讀: | Full text available on IMF |