Agency costs and moral hazard under the new banks' capital regulation : diagnosis, modelling and solutions
This thesis investigates the agency costs and moral hazard associated with the new capital regulation for banks in the event of balance-sheet losses. The recent introduction of "Bail-in" provisions, under which unsecured creditors must contribute to banks’ rescue through recapitalisation,...
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Birkbeck (University of London)
2017
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| Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.715370 |