URI | http://purl.tuc.gr/dl/dias/7C72FCCD-C35C-4423-B2C0-B8B7B2810E19 | - |
Αναγνωριστικό | https://doi.org/10.1287/mnsc.2016.2585 | - |
Αναγνωριστικό | https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2795752 | - |
Γλώσσα | en | - |
Μέγεθος | 23 pages | en |
Τίτλος | Financial consumer protection and the cost of financial intermediation: evidence from advanced and developing economies | en |
Δημιουργός | Pasiouras Fotios | en |
Δημιουργός | Πασιουρας Φωτιος | el |
Εκδότης | INFORMS | en |
Περίληψη | Using a data set of approximately 3,000 commercial banks from more than 100 countries, I examine the impact of financial consumer protection policies on the cost of financial intermediation. I find evidence that the existence of internal mechanisms for handling complaints, requirements for fair treatment, supervisory power related to consumer protection, and various disclosure requirements reduce the cost of financial intermediation in advanced countries. The results are different in the case of developing countries, where I observe that most financial consumer protection policies increase the cost of intermediation, suggesting that banks pass on regulatory burdens to their customers. | en |
Τύπος | Peer-Reviewed Journal Publication | en |
Τύπος | Δημοσίευση σε Περιοδικό με Κριτές | el |
Άδεια Χρήσης | http://creativecommons.org/licenses/by/4.0/ | en |
Ημερομηνία | 2019-10-01 | - |
Ημερομηνία Δημοσίευσης | 2018 | - |
Θεματική Κατηγορία | Banks | en |
Θεματική Κατηγορία | Finance | en |
Θεματική Κατηγορία | Financial institutions | en |
Θεματική Κατηγορία | Government | en |
Θεματική Κατηγορία | Management | en |
Θεματική Κατηγορία | Regulations | en |
Βιβλιογραφική Αναφορά | F. Pasiouras, "Financial consumer protection and the cost of financial intermediation: evidence from advanced and developing economies," Manag. Sci., vol. 64, no. 2, pp. 902-924, Feb. 2018. doi: 10.1287/mnsc.2016.2585 | en |