Market discipline and banking system transparency: Do we need more information?

被引：0
|
作者：
Semenova, Maria [1 ]
机构：
[1] Natl Res Univ HSE, Ctr Inst Studies, Int Lab Inst Anal Econ Reforms, Moscow, Russia
来源：
JOURNAL OF BANKING REGULATION | 2012年 / 13卷 / 03期
关键词：
market discipline; banking system transparency; bank disclosure;
D O I：
10.1057/jbr.2011.21
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
The primary goal of enhancing banking system transparency by introducing additional disclosure requirements suggested by Basel II is to provide market participants with additional incentives to monitor their banks. This article attempts to discover the statistically significant relationship between quantitative market discipline and banking system transparency using cross-country data from 1990 to 2003. We use the Nier index, as well as an index constructed using World Bank 'Bank Regulation and Supervision' data, to measure banking system transparency. We found no statistically significant influence of banking system transparency on market discipline. Our result implies that measures designed to increase transparency not accompanied by requirements related to information availability and/or interpretability may not be effective in enhancing market discipline.
引用
收藏
页码：241 / 248
页数：8
相关论文
共 50 条
  • [21] -We need to do more research
    Svanstrom, Christina
    TIDSSKRIFT FOR DEN NORSKE LAEGEFORENING, 2021, 141 (07) : 678 - 681
  • [22] Do we need more antidepressants?
    Pinder, RM
    JOURNAL OF AFFECTIVE DISORDERS, 2004, 78 : S8 - S8
  • [23] Do we need more scientists?
    Teitelbaum, Michael S.
    U.S. SCIENFIFIC AND TECHNICAL WORKFORCE: IMPRIVING DATA FOR DECISIONMAKING, 2004, : 11 - 20
  • [24] DO WE NEED MORE GENERALISTS
    GINZBERG, E
    ACADEMIC MEDICINE, 1989, 64 (09) : 495 - 497
  • [25] DO WE NEED MORE DOCTORS OR NOT
    PARKHOUSE, J
    PROCEEDINGS OF THE ROYAL SOCIETY OF MEDICINE-LONDON, 1976, 69 (11): : 815 - 821
  • [26] DO WE NEED MORE HOSPICES
    REGNARD, CFB
    BRITISH MEDICAL JOURNAL, 1993, 306 (6894): : 1754 - 1754
  • [27] DO WE NEED A SOCIETY OF TRANSPARENCY (The ideas of a book)
    Kukartsev, M. A.
    SOTSIOLOGICHESKIE ISSLEDOVANIYA, 2013, (10): : 152 - 157
  • [28] Do We Really Need to Adopt Electronic Banking?
    Al-Baghdadi, Zaid
    Rizvi, S. A. M.
    Rizvi, Halima Sadia
    PROCEEDINGS OF 2009 INTERNATIONAL CONFERENCE ON MACHINE LEARNING AND COMPUTING (IACSIT ICMLC 2009), 2009, : 234 - 238
  • [29] DO WE NEED INFORMATION ETHICS?
    Sigmund, Tomas
    IDIMT-2015: INFORMATION TECHNOLOGY AND SOCIETY INTERACTION AND INTERDEPENDENCE, 2015, 44 : 289 - 294
  • [30] WHAT INFORMATION DO WE NEED
    MURRILL, PW
    INSTRUMENTATION TECHNOLOGY, 1980, 27 (04): : 83 - 83
12345