Arbeitspapier

Enhancing bank transparency: A re-assessment

Transparency regulation aims at reducing financial fragility by strengthening market discipline.There are however two elementary properties of banking that may render such regulation inefficient at best and detrimental at worst.First, an extensive financial safety net may eliminate the disciplinary effect of transparency regulation.Second, achieving transparency is costly for banks, as it dilutes their charter values, and hence it also reduces their private costs of risk-taking.We consider both the direct costs of complying with disclosure requirements and the indirect transparency costs stemming from imperfect property rights governing information and specify the conditions under which transparency regulation can (and cannot) reduce financial fragility.

ISBN
951-686-669-7
Sprache
Englisch

Erschienen in
Series: Bank of Finland Discussion Papers ; No. 10/2000

Klassifikation
Wirtschaft
Thema
information disclosure
market discpline
bank transparency
deposit insurance
financial safety net

Ereignis
Geistige Schöpfung
(wer)
Hyytinen, Ari
Takalo, Tuomas
Ereignis
Veröffentlichung
(wer)
Bank of Finland
(wo)
Helsinki
(wann)
2000

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Hyytinen, Ari
  • Takalo, Tuomas
  • Bank of Finland

Entstanden

  • 2000

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