Recent financial regulatory reforms target banks’ risk-taking behaviours without considering their ownership and governance. This chapter argues that bank governance influences how regulations alter bank’s incentives. Banks with more powerful owners tend to take more risks, and greater capital requirements actually increase risk-taking in banks with powerful shareholders. Bank regulation should condition on bank governance.
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Events
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23 - 25 September 2019 / Florence, Italy / Florence School of Banking and Finance, European University Institute
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26 - 27 September 2019 / Rome / Banca d'Italia
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9 - 11 October 2019 / Florence, Italy / Florence School of Banking and Finance, European University Institute
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17 - 18 October 2019 / Florence, Italy / Florence School of Banking and Finance, European University Institute
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21 - 21 October 2019 / Frankfurt am Main / The Bank of England, the Board of Governors of the Federal Reserve System and the European Central Bank
