The current review of the 1988 Basel Capital Accord has put the spotlight on the ratios used
to assess banks' capital adequacy. This article examines the effectiveness of three capital …

… The study analyzes a large panel of thrifts that includes detailed information on each firm' s
… The banking turmoil has revived the public' s and federal regulators' concerns over safety …

… To shed some light on these estimates, we compared them to several s dard financial ratios
using simple correlation analysis. Overall, the correla coefficients between these efficiency …

A large fraction of the companies that went private between 1990 and 2007 were fairly
young public firms, often with the same management team making the crucial restructuring …

… In summary, the results in Table S suggest that abnormal returns earned by target firms
upon merger announcement are higher when commercial bank advisors are chosen, with no …

We investigate whether the “stress test,” the extraordinary examination of the 19 largest US
bank holding companies conducted by federal bank supervisors in 2009, produced useful …

… Moody’s database of asset-backed securities. The information from Moody’s focuses primarily
on … More important for our analysis, the Bloomberg and Moody’s databases offer extensive …

… 5While this volatility measure does not directly reflect the impact of a large supplier’s failure,
we believe it provides a reasonable proxy for market resiliency to a range of supply and …

An increase in margin requirements in the First Section of the Tokyo Stock Exchange is
followed by a decline in margin borrowing, trading volume, the proportion of trading performed …

We hypothesize that the intrinsic benefit required to trigger a refinancing has become smaller,
due to a combination of technological, regulatory, and structural changes that have made …