The Prudential Regulation of Banks

The Prudential Regulation of Banks

Book - 1994
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This text applies modern economic theory to prudential regulation of financial intermediaries. The authors tackle the key problem of providing the right incentives to management in banks by looking at how external intervention by claimholders (holders of equity or debt) affects managerial incentives and how that intervention might ideally be implemented. The primary focus is the regulation of commercial banks and S&Ls, but many of the implications of their theory are also valid for other intermediaries such as insurance companies, pension funds and securities funds.
Publisher: Cambridge, Mass. : MIT Press, c1994
Edition: English-language ed
ISBN: 9780262041461
Call Number: 332.1097 D512p
Characteristics: xii, 262 p. : ill. ; 24 cm
Additional Contributors: Tirole, Jean


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