Journal Article
Risk-sensitive deposit insurance premia: some practical issues
Protopapadakis, Aris; Flannery, Mark J. (1984-09)
Business Review , Issue Sep/Oct , Pages 3-10

Conference Paper
Panel discussion comments: the implications of \"banking's decline\" for safety and soundness regulation
Flannery, Mark J. (1994)
Proceedings , Paper 21

Working Paper
Market evidence on the opaqueness of banking firms' assets.
Flannery, Mark J.; Nimalendran, Mahendrarajah; Kwan, Simon H. (1999)
We assess the market microstructure properties of U.S. banking firms' equity, to determine whether they exhibit more or less evidence of asset opaqueness than similar-sized nonbanking firms. The evidence strongly indicates that large banks (traded on NASDAQ) trade much less frequently despite microstructure characteristics. Problem (noncurrent) loans tend to raise the frequency with which the bank's equity trades, as well as the equity's return volatility. The implications for regulatory policy and future market microstructure research are discussed.
Working Papers in Applied Economic Theory , Paper 99-11

Working Paper
From t-bills to common stocks: investigating the generality of intra- week return seasonality
Protopapadakis, Aris; Flannery, Mark J. (1987)
Working Papers , Paper 87-19

Conference Paper
Technology and payments: deja vu all over again?
Flannery, Mark J. (1996)
Proceedings

Conference Paper
Market forces at work in the banking industry: evidence from the capital buildup of the 1990s
Rangan, Kasturi P.; Flannery, Mark J. (2002)
We document the build-up of regulatory and market equity capital in large U.S. bank holding companies between 1986 and 2000. During this time, large banking firms raised their capital ratios to the highest levels in more than 50 years. Since 1995, essentially none of the 100 largest U.S. banking firms have been constrained by regulatory capital standards. Nor do these firms appear to be protecting themselves explicitly against falling below supervisory minimum capital standards. Variation in bank equity ratios reliably reflects portfolio risk, and we attribute the capital increase to enhanced ...
Proceedings , Paper 904

Journal Article
Deposit insurance creates a need for bank regulation
Flannery, Mark J. (1982-01)
Business Review , Issue Jan/Feb , Pages 17-31

Journal Article
Removing deposit rate ceilings: how will bank profits fare?
Flannery, Mark J. (1983-03)
Business Review , Issue Mar/Apr , Pages 13-21

Working Paper
Comparing market and supervisory assessments of bank performance: who knows what when?
Flannery, Mark J.; Davies, Sally M.; Berger, Allen N. (1998)
We compare the timeliness and accuracy of government supervisors versus market participants in assessing the condition of large U.S. bank holding companies. We find that supervisors and bond rating agencies both have some prior information that is useful to the other. In contrast, supervisory assessments and equity market indicators are not strongly interrelated. We also find that supervisory assessments are much less accurate overall than both bond and equity market assessments in predicting future changes in performance, but supervisors may be more accurate when inspections are recent. To ...
Finance and Economics Discussion Series , Paper 1998-32

Conference Paper
Market evidence on the opaqueness of banking firms' assets
Flannery, Mark J.; Nimalendran, Mahendrarajah; Kwan, Simon H. (1997)
Proceedings , Paper 560