Market Discipline and Bank Risk Taking: Evidence from the East Asian Banking Sector
The third pillar of the Basel II highlights the role of market discipline in easing the existing pressure on traditional monitoring measures like capital requirement and government supervision. This study test the effectiveness of market discipline in inducing prudential risk management practices am...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Korea Institute for International Economic Policy
2017-03-01
|
Series: | East Asian Economic Review |
Subjects: | |
Online Access: | http://dx.doi.org/10.11644/KIEP.EAER.2017.21.1.322 |