Browsing Faculty of Business by Subject "Capital requirements"
Now showing items 1-1 of 1
-
A prudential paradox: The signal in (not) restricting bank dividends
(Wiley, 2022)By restricting dividends in the weakest banks, prudential regulators counterintuitively induce more capital payouts in marginal banks. The potential for bank runs exacerbates the incentive to signal strength through dividend ...
Share this page