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| Tekijä: | Vollmer, U. |
| Otsikko: | Minimum capital adequacy ratios for banks: an obstacle to investment finance of poorly capitalized firms? |
| Lehti: | Jahrbücher für Nationalökonomie und Statistik
2001 : OCT, VOL. 221:5-6, p. 577-591 |
| Asiasana: | Banks Investment analysis Capital investment |
| Kieli: | eng |
| Tiivistelmä: | The regulations intend to guarantee the solvency of banks and to protect depositors against excessive risk-taking by bank-owners. The paper asks in a standard principal-agent-setting what these consequences for investment finance of poorly capitalized firms which do not have access to direct finance via capital markets. |
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