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...

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Détails bibliographiques
Auteur principal: Hardy, Daniel
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2012.
Collection:IMF Working Papers; Working Paper ; No. 2012/114
Accès en ligne:Full text available on IMF