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Author:Flannery, M. J.
Title:Using market information in prudential bank supervision: a review of the U. S. empirical evidence.
Journal:Journal of Money, Credit and Banking
1998 : AUG, VOL. 30:3:1, p. 273-305
Index terms:Banks
Financial markets
Supervision
Government
Language:eng
Abstract:The author reviews and evaluates the growing empirical literature on private investors' abilities to assess the financial condition of banking firms. The evidence supports the propotion that market investors and analysts could reasonably provide a greater proportion of corporate governance services for large, traded U. S. financial firms.
SCIMA record nr: 189514
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