Cover Image

Market discipline across countries and industries / edited by Claudio Borio [and others]

Show other versions (1)

Leading academics and policymakers address the theory of market discipline and consider evidence across different industries and countries.The effectiveness of market discipline--the strong built-in incentives that encourage banks and financial systems to operate soundly and efficiently--commands mu...

Full description

Saved in:
Bibliographic Details
Online Access: Full Text (via MIT Press)
Other Authors: Borio, C. E. V.
Format: eBook
Language:English
Published: Cambridge, MA : MIT Press, 2004.
Subjects:
Capital market > Congresses.
International finance > Congresses.
Banks and banking, International > Congresses.
Risk management > Congresses.
Banks and banking, International.
Capital market.
International finance.
Risk management.
Conference papers and proceedings.
Table of Contents:
  • Part I: Keynote Addresses
  • 1. Market Discipline and Public Policy : The Role of the IMF / Anne O. Krueger
  • 2. Three Observations on Market Discipline / Malcolm Knight
  • 3. Effective Market Discipline : The Roles of Auditors, Companies, and Analysts / Susan Schmidt Bies
  • 4. A Review of the New Basel Capital Accord / Jaime Caruana
  • Part II: Theory of Market Discipline
  • 5. Market Discipline : Players, Processes, and Purposes / Robert R. Bliss
  • 6. Market Discipline in Banking : Where Do We Stand? / Jean-Charles Rochet
  • 7. Market Discipline for Financial Institutions and Sovereigns / Hal S. Scott
  • 8. Comments on the Theory of Market Discipline / Kostas Tsatsaronis
  • Part III: Evidence of Market Discipline in Banking
  • 9. Market Discipline of U.S. Financial Firms : Recent Evidence and Research Issues / Mark J. Flannery and Stanislava Nikolova
  • 10. Bank Market Discipline and Indicators of Banking System Risk : The European Evidence / Reint Gropp
  • 11. Weakening Market and Regulatory Discipline in the Japanese Financial System / Mitsuhiro Fukao
  • 12. Market Discipline in Emerging Economies : Beyond Bank Fundamentals / Eduardo Levy-Yeyati, Maria Soledad Martinez Peria, and Sergio L. Schmukler
  • 13. Inside the "Black Box" of Market Discipline / David T. Llewellyn
  • Part IV: Evidence of Market Discipline in Other Industries
  • 14. Market Discipline in Insurance and Reinsurance / Scott E. Harrington
  • 15. Conflicts of Interest and Market Discipline / Ingo Walter
  • 16. Market Discipline and Corporate Control / Clifford W. Smith, Jr.
  • Part V: Evidence of Market Discipline for Countries
  • 17. Capital Controls : Mud in the Wheels of Market Discipline / Kristin J. Forbes
  • 18. Equity Integration in Times of Crisis / Robert P. Flood and Andrew K. Rose
  • 19. Assessing the Evidence on Market Discipline for Countries / Andrew G. Haldane.

Similar Items