Institutional structures of financial sector supervision, their drivers and historical benchmarks

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F13%3A86087033" target="_blank" >RIV/61989100:27510/13:86087033 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.sciencedirect.com/science/article/pii/S1572308913000211" target="_blank" >http://www.sciencedirect.com/science/article/pii/S1572308913000211</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.jfs.2013.03.003" target="_blank" >10.1016/j.jfs.2013.03.003</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Institutional structures of financial sector supervision, their drivers and historical benchmarks

Popis výsledku v původním jazyce

This paper studies institutional structures of prudential and business conduct supervision of financial services in 98 high and middle income countries over the past decade. It identifies possible drivers of changes in these supervisory structures usingthe panel ordered probit analysis. The results show that (i) more developed, small open economies with better public governance tend to integrate their supervision, especially the prudential one; (ii) more financially developed countries integrate more their supervision; however, greater development of the non-bank financial system leads to less integrated prudential supervision but not business conduct supervision; (iii) the lobbying power of concentrated and highly profitable banking sectors significant hinders business conduct integration; (vi) countries that experienced financial crises integrate their supervisory structure relatively more and (v) greater central bank independence could cause less integration of prudential supervisi

Název v anglickém jazyce

Institutional structures of financial sector supervision, their drivers and historical benchmarks

Popis výsledku anglicky

This paper studies institutional structures of prudential and business conduct supervision of financial services in 98 high and middle income countries over the past decade. It identifies possible drivers of changes in these supervisory structures usingthe panel ordered probit analysis. The results show that (i) more developed, small open economies with better public governance tend to integrate their supervision, especially the prudential one; (ii) more financially developed countries integrate more their supervision; however, greater development of the non-bank financial system leads to less integrated prudential supervision but not business conduct supervision; (iii) the lobbying power of concentrated and highly profitable banking sectors significant hinders business conduct integration; (vi) countries that experienced financial crises integrate their supervisory structure relatively more and (v) greater central bank independence could cause less integration of prudential supervisi

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

<a href="/cs/project/GA13-20613S" target="_blank" >GA13-20613S: Institucionální struktura dohledu nad finančními službami a monitorování systémového rizika ve střední Evropě</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Journal of Financial Stability

ISSN

1572-3089

e-ISSN

—

Svazek periodika

9

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

17

Strana od-do

428-444

Kód UT WoS článku

000324042400015

EID výsledku v databázi Scopus

—