Bank Capitalization As a Signal /
The level of a bank's capitalization can effectively transmit information about its riskiness and therefore support market discipline, but asymmetry information may induce exaggerated or distortionary behavior: banks may vie with one another to signal confidence in their prospects by keeping ca...
主要作者: | |
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格式: | 杂志 |
语言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
2012.
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丛编: | IMF Working Papers; Working Paper ;
No. 2012/114 |
在线阅读: | Full text available on IMF |