[go: up one dir, main page]
create a website
A closed-form solution to the risk-taking motivation of subordinated debtholders. (2019). Raviv, Alon ; Lazar, Sharon Peleg ; Heller, Yuval.
In: MPRA Paper.
RePEc:pra:mprapa:93698.

Full description at Econpapers || Download paper

Cited: 2

Citations received by this document

Cites: 20

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Secured and unsecured debt in creditor-friendly bankruptcy. (2023). Naqvi, Hassan ; Franois, Pascal.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:80:y:2023:i:c:s0929119923000627.

    Full description at Econpapers || Download paper

  2. Banks’ risk taking and creditors’ bargaining power. (2022). Raviv, Alon ; Lazar, Sharon Peleg ; Heller, Yuval.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:74:y:2022:i:c:s0929119922000414.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Ashcraft, A. B. (2008): “Does the market discipline banks? New evidence from regulatory capital mix,” Journal of Financial Intermediation, 17(4), 543–561.

  2. Belkhir, M. (2013): “Do subordinated debt holders discipline bank risk-taking? Evidence from risk management decisions,” Journal of Financial Stability, 9(4), 705–719.

  3. Berg, T., and C. Kaserer (2015): “Does contingent capital induce excessive risk-taking?,” Journal of Financial Intermediation, 24(3), 356–385.

  4. Black, F., and J. C. Cox (1976): “Valuing corporate securities: Some effects of bond indenture provisions,” Journal of Finance, 31(2), 351–367.

  5. Black, F., and M. Scholes (1973): “The pricing of options and corporate liabilities,” Journal of Political Economy, 81(3), 637–654.

  6. Calomiris, C. W., and R. J. Herring (2013): “How to design a contingent convertible debt requirement that helps solve our too-big-to-fail problem,” Journal of Applied Corporate Finance, 25(2), 39–62.

  7. Chen, Y., and I. Hasan (2011): “Subordinated debt, market discipline, and bank risk,” Journal of Money, Credit and Banking, 43(6), 1043–1072.

  8. Dewatripont, M., and J. Tirole (1993): “Efficient governance structure: Implications for banking regulation,” in Capital Markets and Financial Intermediation, ed. by C. Mayer, and X. Vives, chap. 2, pp. 12–35. Cambridge University Press, Cambridge.

  9. Evanoff, D. D., and L. D. Wall (2001): “Sub-debt yield spreads as bank risk measures,” Journal of Financial Services Research, 20(2-3), 121–145.

  10. Flannery, M. J. (2001): “The faces of market discipline,” Journal of Financial Services Research, 20(2), 107–119.

  11. Galai, D., and R. W. Masulis (1976): “The option pricing model and the risk factor of stock,” Journal of Financial Economics, 3(1), 53–81.

  12. Gorton, G., and A. M. Santomero (1990): “Market discipline and bank subordinated debt: Note,” Journal of Money, Credit and Banking, 22(1), 119–128.

  13. Heller, Y., S. Peleg Lazar, and A. Raviv (2019): “Banks risk taking and creditors bargaining power,” working paper.

  14. Hilscher, J., and A. Raviv (2014): “Bank stability and market discipline: The effect of contingent capital on risk taking and default probability,” Journal of Corporate Finance, 29, 542–560.

  15. John, K., H. Mehran, and Y. Qian (2010): “Outside monitoring and CEO compensation in the banking industry,” Journal of Corporate Finance, 16(4), 383–399.

  16. Martynova, N., and E. Perotti (2018): “Convertible bonds and bank risk-taking,” Journal of Financial Intermediation, 35, 61–80.

  17. Merton, R. C. (1974): “On the pricing of corporate debt: The risk structure of interest rates,” Journal of Finance, 29(2), 449–470.

  18. Nguyen, T. (2013): “The disciplinary effect of subordinated debt on bank risk taking,” Journal of Empirical Finance, 23, 117–141.

  19. Peleg Lazar, S., and A. Raviv (2017): “Bank risk dynamics where assets are risky debt claims,” European Financial Management, 23(1), 3–31.

  20. Peleg Lazar, S., and A. Raviv (2019): “The Risk Spiral: The Effects of Bank Capital and Diversification on Risk Taking,” working paper.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Debt holder monitoring and implicit guarantees: did the BRRD improve market discipline?. (2020). Cutura, Jannic Alexander.
    In: ESRB Working Paper Series.
    RePEc:srk:srkwps:2020111.

    Full description at Econpapers || Download paper

  2. Regulators vs. markets: Do differences in their bank risk perceptions affect lending terms?. (2020). Wu, Eliza ; Politsidis, Panagiotis ; Delis, Manthos ; Kim, Suk-Joong.
    In: MPRA Paper.
    RePEc:pra:mprapa:98548.

    Full description at Econpapers || Download paper

  3. Beyond common equity: The influence of secondary capital on bank insolvency risk. (2020). Cotter, John ; Conlon, Thomas ; Molyneux, Philip.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:47:y:2020:i:c:s1572308920300103.

    Full description at Econpapers || Download paper

  4. A closed-form solution to the risk-taking motivation of subordinated debtholders. (2020). , Sharonpeleg-Lazar ; Heller, Yuval ; Raviv, Alon ; Peleg-Lazar, Sharon.
    In: Papers.
    RePEc:arx:papers:2006.15309.

    Full description at Econpapers || Download paper

  5. A closed-form solution to the risk-taking motivation of subordinated debtholders. (2019). Raviv, Alon ; Lazar, Sharon Peleg ; Heller, Yuval.
    In: MPRA Paper.
    RePEc:pra:mprapa:93698.

    Full description at Econpapers || Download paper

  6. Banks, Taxes, and Nonbank Competition. (2019). Pennacchi, George.
    In: Journal of Financial Services Research.
    RePEc:kap:jfsres:v:55:y:2019:i:1:d:10.1007_s10693-017-0277-2.

    Full description at Econpapers || Download paper

  7. Policy externalities and banking integration. (2019). Smolyansky, Michael.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:132:y:2019:i:3:p:118-139.

    Full description at Econpapers || Download paper

  8. Market monitoring and influence: evidence from deposit pricing and liability composition from 1986 to 2013. (2019). Prezas, Alexandros P ; Guo, Lin.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:43:y:2019:i:c:p:146-166.

    Full description at Econpapers || Download paper

  9. A closed-form solution to the risk-taking motivation of subordinated debtholders. (2019). Raviv, Alon ; Heller, Yuval ; Peleg-Lazar, Sharon.
    In: Economics Letters.
    RePEc:eee:ecolet:v:181:y:2019:i:c:p:169-173.

    Full description at Econpapers || Download paper

  10. Is the fox guarding the henhouse? Bankers in the Federal Reserve, bank leverage and risk-shifting. (2019). Hagendorff, Jens ; Armitage, Seth ; Lim, Ivan.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:58:y:2019:i:c:p:478-504.

    Full description at Econpapers || Download paper

  11. Monetary policy, macroprudential policy, and financial stability. (2019). Repullo, Rafael ; Martinez-Miera, David.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20192297.

    Full description at Econpapers || Download paper

  12. Debt holder monitoring and implicit guarantees: Did the BRRD improve market discipline?. (2018). Cutura, Jannic Alexander.
    In: SAFE Working Paper Series.
    RePEc:zbw:safewp:232.

    Full description at Econpapers || Download paper

  13. Bank External Financing and Early Adoption of SFAS 133. (2018). Wang, Sophia I-Ling.
    In: Review of Pacific Basin Financial Markets and Policies (RPBFMP).
    RePEc:wsi:rpbfmp:v:21:y:2018:i:03:n:s0219091518500157.

    Full description at Econpapers || Download paper

  14. Beyond Common Equity - The Influence of Secondary Capital on Bank Insolvency Risk. (2018). Molyneux, Philip ; cotter, john ; Conlon, Thomas.
    In: Working Papers.
    RePEc:ucd:wpaper:201806.

    Full description at Econpapers || Download paper

  15. Bank Taxes, Leverage, and Risk. (2018). Milonas, Kristoffer.
    In: Journal of Financial Services Research.
    RePEc:kap:jfsres:v:54:y:2018:i:2:d:10.1007_s10693-016-0265-y.

    Full description at Econpapers || Download paper

  16. Policy Externalities and Banking Integration. (2018). Smolyansky, Michael.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2016-08.

    Full description at Econpapers || Download paper

  17. What Does Matched Bank-Firm Data Tell Us about the Moral Hazard in Lending Decisions of State-Owned Banks in India? (Revised as on January 3, 2018). (2017). Gopalakrishnan, Balagopal.
    In: IIMA Working Papers.
    RePEc:iim:iimawp:14581.

    Full description at Econpapers || Download paper

  18. Bank capital, lending and financing behaviour of dual banking systems. (2017). Louhichi, Awatef ; Boujelbene, Younes.
    In: Journal of Multinational Financial Management.
    RePEc:eee:mulfin:v:41:y:2017:i:c:p:61-79.

    Full description at Econpapers || Download paper

  19. How do financial institutions react to a tax increase?. (2017). Schandlbauer, Alexander .
    In: Journal of Financial Intermediation.
    RePEc:eee:jfinin:v:30:y:2017:i:c:p:86-106.

    Full description at Econpapers || Download paper

  20. Bank capital, liquid reserves, and insolvency risk. (2017). Hugonnier, Julien ; Morellec, Erwan.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:125:y:2017:i:2:p:266-285.

    Full description at Econpapers || Download paper

  21. CEO turnover in large banks: Does tail risk matter?. (2017). Mollah, Sabur ; Vallascas, Francesco ; Keasey, Kevin ; Srivastav, Abhishek.
    In: Journal of Accounting and Economics.
    RePEc:eee:jaecon:v:64:y:2017:i:1:p:37-55.

    Full description at Econpapers || Download paper

  22. The determinants of long-term debt issuance by European banks: evidence of two crises.. (2016). Yang, Jing ; Rixtel, Adrian ; Romo Gonzalez, Luna Azahara ; van Rixtel, Adrian.
    In: Working Papers.
    RePEc:bde:wpaper:1621.

    Full description at Econpapers || Download paper

  23. Bank executive compensation structure, risk taking and the financial crisis. (2015). Khaksari, Shahriar ; Jalal, Abu ; Guo, Lin.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:45:y:2015:i:3:p:609-639.

    Full description at Econpapers || Download paper

  24. Depositor discipline and bank failures in local markets during the financial crisis. (2015). Lamers, Martien.
    In: Research Report.
    RePEc:gro:rugsom:15007-eef.

    Full description at Econpapers || Download paper

  25. Market discipline by bank creditors during the 2008–2010 crisis. (2015). Bennett, Rosalind ; Kwast, Myron L ; Hwa, Vivian .
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:20:y:2015:i:c:p:51-69.

    Full description at Econpapers || Download paper

  26. Quality of bank capital and bank lending behavior during the global financial crisis. (2015). Marinč, Matej ; Loncarski, Igor ; Lonarski, Igor ; Li, Shaofang ; Koak, Marko .
    In: International Review of Financial Analysis.
    RePEc:eee:finana:v:37:y:2015:i:c:p:168-183.

    Full description at Econpapers || Download paper

  27. The determinants of long-term debt issuance by European banks: evidence of two crises. (2015). Yang, Jing ; Rixtel, Adrian ; Romo Gonzalez, Luna Azahara ; van Rixtel, Adrian.
    In: BIS Working Papers.
    RePEc:bis:biswps:513.

    Full description at Econpapers || Download paper

  28. Do stock markets discipline US bank holding companies : Just monitoring, or also influencing?. (2014). Vander Vennet, Rudi ; De Jonghe, Olivier ; de Bruyckere, V.
    In: Other publications TiSEM.
    RePEc:tiu:tiutis:b8371b2e-a7f1-4ede-9f4b-d48030f83096.

    Full description at Econpapers || Download paper

  29. Do stock markets discipline US Bank Holding Companies: Just monitoring, or also influencing?. (2014). Vander Vennet, Rudi ; De Jonghe, Olivier ; Baele, Lieven ; de Bruyckere, Valerie .
    In: The North American Journal of Economics and Finance.
    RePEc:eee:ecofin:v:29:y:2014:i:c:p:124-145.

    Full description at Econpapers || Download paper

  30. Banks’ capital, regulation and the financial crisis. (2014). Teixeira, Joao ; Silva, Francisco José ; Alves, Ana C. G., ; Teixeira, João C. A., ; Silva, Francisco J. F., ; Fernandes, Ana V..
    In: The North American Journal of Economics and Finance.
    RePEc:eee:ecofin:v:28:y:2014:i:c:p:33-58.

    Full description at Econpapers || Download paper

  31. Executive board composition and bank risk taking. (2014). Schaeck, Klaus ; Kick, Thomas ; Berger, Allen N..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:28:y:2014:i:c:p:48-65.

    Full description at Econpapers || Download paper

  32. Leverage and Risk Taking under Moral Hazard. (2013). Hott, Christian.
    In: Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order.
    RePEc:zbw:vfsc13:79960.

    Full description at Econpapers || Download paper

  33. Is bank debt special for the transmission of monetary policy? Evidence from the stock market. (2013). Ozdagli, Ali ; Ippolito, Filippo ; Orive, Ander Perez .
    In: Economics Working Papers.
    RePEc:upf:upfgen:1384.

    Full description at Econpapers || Download paper

  34. Market Discipline and Bank Charter Value: The Case of Two Safe Banking Industries. (2013). TARAZI, Amine ; Avkiran, Necmi ; Haq, Mamiza ; Fonceca, Ana Rosa .
    In: Working Papers.
    RePEc:hal:wpaper:hal-00955135.

    Full description at Econpapers || Download paper

  35. Do subordinated debt holders discipline bank risk-taking? Evidence from risk management decisions. (2013). Belkhir, Mohamed.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:9:y:2013:i:4:p:705-719.

    Full description at Econpapers || Download paper

  36. Is Bank Debt Special for the Transmission of Monetary Policy? Evidence from the Stock Market. (2013). Ozdagli, Ali ; Ippolito, Filippo ; Orive, Ander Perez .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:9696.

    Full description at Econpapers || Download paper

  37. Financial soundness indicators and financial crisis episodes. (2013). Tagkalakis, Athanasios ; Kasselaki, Maria ; Maria Th. Kasselaki, .
    In: Working Papers.
    RePEc:bog:wpaper:158.

    Full description at Econpapers || Download paper

  38. Market discipline and the Russian interbank market. (2013). Semenova, Maria.
    In: BOFIT Discussion Papers.
    RePEc:bof:bofitp:2013_029.

    Full description at Econpapers || Download paper

  39. Is Bank Debt Special for the Transmission of Monetary Policy? Evidence from the Stock Market. (2013). Ozdagli, Ali ; Ippolito, Filippo ; Perez, Ander.
    In: Working Papers.
    RePEc:bge:wpaper:721.

    Full description at Econpapers || Download paper

  40. Executive board composition and bank risk taking. (2012). Schaeck, Klaus ; Kick, Thomas ; Berger, Allen N..
    In: Discussion Papers.
    RePEc:zbw:bubdps:032012.

    Full description at Econpapers || Download paper

  41. Do Stock Markets Discipline US Bank Holding Companies: Just Monitoring, or also In?uencing?. (2012). Vander Vennet, Rudi ; De Jonghe, Olivier ; BAELE, L. ; DE BRUYCKERE, V..
    In: Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium.
    RePEc:rug:rugwps:12/827.

    Full description at Econpapers || Download paper

  42. Enhancing Bank Transparency: Risk Ineffciency as a Market Disciplining Mechanism. (2011). Vander Vennet, Rudi ; De Jonghe, Olivier ; Bruyckere, DE ; Lieven, Baele .
    In: 2011 Meeting Papers.
    RePEc:red:sed011:559.

    Full description at Econpapers || Download paper

  43. TIER 2 Capital and Bank Behaviour. (2011). Fic, Tatiana ; Davis, E ; Karim, Dilruba ; Barrell, Ray ; Professor E. Philip Davis, .
    In: National Institute of Economic and Social Research (NIESR) Discussion Papers.
    RePEc:nsr:niesrd:2904.

    Full description at Econpapers || Download paper

  44. Liquidity risk management and credit supply in the financial crisis. (2011). Tehranian, Hassan ; Strahan, Philip E. ; Cornett, Marcia Millon ; McNutt, Jamie John .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:101:y:2011:i:2:p:297-312.

    Full description at Econpapers || Download paper

  45. Enhancing market discipline in banking: The role of subordinated debt in financial regulatory reform. (2011). Nakata, Taisuke ; Jagtiani, Julapa ; Evanoff, Douglas.
    In: Journal of Economics and Business.
    RePEc:eee:jebusi:v:63:y::i:1:p:1-22.

    Full description at Econpapers || Download paper

  46. Enhancing market discipline in banking: The role of subordinated debt in financial regulatory reform. (2011). Nakata, Taisuke ; Jagtiani, Julapa ; Evanoff, Douglas.
    In: Journal of Economics and Business.
    RePEc:eee:jebusi:v:63:y:2011:i:1:p:1-22.

    Full description at Econpapers || Download paper

  47. Information disclosure in credit markets when banks costs are endogenous. (2011). Van Tassel, Eric.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:35:y:2011:i:2:p:490-497.

    Full description at Econpapers || Download paper

  48. Does Interbank Borrowing Reduce Bank Risk?. (2009). Vonhagen, Jurgen ; von Hagen, Jurgen ; Dinger, Valeriya.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:41:y:2009:i:2-3:p:491-506.

    Full description at Econpapers || Download paper

  49. Who Disciplines Bank Managers?. (2009). Cihak, Martin ; Stolz, Stephanie Marie ; Schaeck, Klaus ; Maechler, Andrea M.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2009/272.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2024-12-24 17:11:03 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.