Institutional Repository [SANDBOX]
Technical University of Crete
EN  |  EL

Search

Browse

My Space

Regulations, competition and bank risk-taking in transition countries

Pasiouras Fotios, Maria-Eleni K. Agoraki, Manthos D. Delis

Simple record

URIhttp://purl.tuc.gr/dl/dias/FF57BDD0-9D16-4D41-BDE4-CC2E922F85C2-
Identifierhttps://doi.org/10.1016/j.jfs.2009.08.002-
Languageen-
TitleRegulations, competition and bank risk-taking in transition countriesen
CreatorPasiouras Fotiosen
CreatorΠασιουρας Φωτιοςel
CreatorMaria-Eleni K. Agorakien
Creator Manthos D. Delisen
PublisherElsevieren
Content SummaryThis study investigates whether regulations have an independent effect on bank risk-taking or whether their effect is channeled through the market power possessed by banks. Given a well-established set of theoretical priors, the regulations considered are capital requirements, restrictions on bank activities and official supervisory power. We use data from the Central and Eastern European banking sectors over the period 1998–2005. The empirical results suggest that banks with market power tend to take on lower credit risk and have a lower probability of default. Capital requirements reduce risk in general, but for banks with market power this effect significantly weakens or can even be reversed. Higher activity restrictions in combination with more market power reduce both credit risk and the risk of default, while official supervisory power has only a direct impact on bank risk.en
Type of ItemPeer-Reviewed Journal Publicationen
Type of ItemΔημοσίευση σε Περιοδικό με Κριτέςel
Licensehttp://creativecommons.org/licenses/by/4.0/en
Date of Item2015-10-27-
Date of Publication2011-
Bibliographic CitationAgoraki MEK, Delis MD, Pasiouras F., "Regulations, competition and bank risk-taking in transition countries", Journal of Financial Stability, vol. 7, no. 1, pp. 38-48, Jan. 2011. doi: 10.1016/j.jfs.2009.08.002en

Services

Statistics

 

Copyright © DIAS 2013