Risk and the Corporate Structure of Banks.
We identify different sources of risk as important determinants of banks' corporate structures when expanding into new markets. Subsidiary-based corporate structures benefit from greater protection against economic risk because of affiliate-level limited liability, but are more exposed to the r...
| Ente Autore: | |
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| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2010.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2010/040 |
| Accesso online: | Full text available on IMF |