TY  - BOOK
AU  - Stolz, Stéphanie
PY  - 2007
DA  - 2007//
TI  - Bank capital and risk-taking: the impact of capital regulation, charter value, and the business cycle
T3  - Kieler Studien 337
PB  - Springer
CY  - Berlin
KW  - Basler Akkord
KW  - Bankrisiko
KW  - Risikopräferenz
KW  - Konjunktur
KW  - Unternehmenswert
KW  - Schätzung
KW  - Theorie
KW  - EU-Staaten
KW  - Bank capital
KW  - Risk
AB  - The year-long consultations on Basel II mirror the international popularity of capital requirements as a regulatory instrument. Yet, the impact of capital requirements on banks' behavior is not fully understood. The aim of this study is to contribute to this understanding by answering the following questions: How do banks adjust capital and risk after an increase in capital requirements? How do banks adjust their regulatory capital buffer over the business cycle? And, what is the impact of banks' charter value on the regulatory capital buffer?
SN  - 9783540485445
LA  - English
N1  - Stéphanie M. Stolz
ID  - 532725085
ER  -