The Disciplinary Effect of Subordinated Debt on Bank Risk Taking
x, 99 p. === Using data for publicly listed commercial banks and bank holding companies around the world, I investigate the market discipline effect of subordinated debt on banking firm risk taking in the period 2002-2008. In addition, I examine whether this effect depends on national bank regulatio...
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Language: | en_US |
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University of Oregon
2012
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Online Access: | http://hdl.handle.net/1794/11983 |