The Stock Market and Bank Risk-Taking
收藏NBER2016-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w22689
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资源简介:
We present evidence that pressure to maximize short-term stock prices and earnings leads banks to increase risk. We start by showing that banks increase risk when they transition from private to public ownership through a public listing or an acquisition. The increase in risk is greater than for a
我们提供证据表明,最大化短期股价与收益的压力会促使银行提升风险水平。我们首先展示,当银行通过公开上市或收购的方式从私有所有权转变为公有所有权时,其风险会增加。这种风险的增加幅度大于
提供机构:
美国国家经济研究局
创建时间:
2016-10-01



