search query: @author Karels, G. B. / total: 1
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Author: | Karels, G. B. Prakash, A. J. Roussakis, E. |
Title: | The relationship between bank capital adequacy and market measures of risk |
Journal: | Journal of Business Finance and Accounting
1989 : WINTER, VOL. 16:5, p.663-673 |
Index terms: | BANKING BANK MARKETING RISK FINANCIAL RISK RISK MEASUREMENT |
Language: | eng |
Abstract: | The relationship between capital adequacy ratio and the usual market risk measures is examined. In particular, the theoretical covariance relationships between the primary capital adequacy ratio of a bank and its systematic, relative systematic, unsystematic and total risk are derived. In all cases except the unsystematic risk case a negative relationship is implied. The theoretical relationships were tested using a sample of 24 large banks. The empirical findings generally coincide with the theoretical relationships. |
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