Assessing the impact of prompt corrective action on bank capital and risk

Aggarwal, Raj; Jacques, Kevin T.

Journal Article

Assessing the impact of prompt corrective action on bank capital and risk

Abstract: This paper was presented at the conference \\"Financial services at the crossroads: capital regulation in the twenty-first century\\" as part of session 1, \\"Impact of capital requirements on bank risk taking: empirical evidence.\\" The conference, held at the Federal Reserve Bank of New York on February 26-27, 1998, was designed to encourage a consensus between the public and private sectors on an agenda for capital regulation in the new century.

Keywords: Risk; Bank capital; Bank investments; Bank supervision;

Status: Published in Financial services at the crossroads: capital regulation in the twenty-first century