國立虎尾科技大學 |

Consequences of Bank Stress Test Disclosures.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	Consequences of Bank Stress Test Disclosures./
Author:	Schmidt, Brent A.
Description:	1 online resource (107 pages)
Notes:	Source: Dissertations Abstracts International, Volume: 81-06, Section: A.
Contained By:	Dissertations Abstracts International81-06A.
Subject:	Investments. -
Online resource:	click for full text (PQDT)
ISBN:	9781392654170

Consequences of Bank Stress Test Disclosures.
Schmidt, Brent A.

Consequences of Bank Stress Test Disclosures. - 1 online resource (107 pages)

Source: Dissertations Abstracts International, Volume: 81-06, Section: A.

Thesis (Ph.D.)--The Ohio State University, 2019.

Includes bibliographical references

Whether bank stress test results should be disclosed has been debated since the financial crisis. Prior studies examining the effects of stress testing conflate the effects of stress testing per se and the effects of stress test disclosures. I utilize a novel setting to isolate the effects of stress test disclosures on bank risk taking and financial stability. My results show that stress test disclosures lead to banks increasing their risk taking (i.e., lowering their tier 1 capital ratios) by increasing their risk-weighted assets. I provide evidence consistent with stress test disclosures leading to heighted market discipline of bank risk taking via the pricing of banks' equity in the capital markets. My results further suggest that stress test disclosures lead to banks taking more profitable risks. Finally, I show that stress test disclosures improve bank stability. Overall, my study suggests that stress test disclosures are beneficial along the dimension I examine. These results inform the debate regarding whether stress test results should be publicly disclosed and the broader debate regarding the effects of bank transparency on financial stability.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2024

Mode of access: World Wide Web

ISBN: 9781392654170Subjects--Topical Terms:

557691
Investments.
Subjects--Index Terms:

Bank stress test resultsIndex Terms--Genre/Form:

554714
Electronic books.

Consequences of Bank Stress Test Disclosures.
LDR:02431ntm a22003497 4500 001 1145788
005 20240711091217.5
006 m o d
007 cr bn ---uuuuu
008 250605s2019 xx obm 000 0 eng d
020 $a 9781392654170
035 $a (MiAaPQ)AAI27692240
035 $a (MiAaPQ)OhioLINKosu1558628658813261
035 $a AAI27692240
040 $a MiAaPQ $b eng $c MiAaPQ $d NTU
100 1 $a Schmidt, Brent A. $3 1471006
245 1 0 $a Consequences of Bank Stress Test Disclosures.
264 0 $c 2019
300 $a 1 online resource (107 pages)
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
500 $a Source: Dissertations Abstracts International, Volume: 81-06, Section: A.
502 $a Thesis (Ph.D.)--The Ohio State University, 2019.
504 $a Includes bibliographical references
520 $a Whether bank stress test results should be disclosed has been debated since the financial crisis. Prior studies examining the effects of stress testing conflate the effects of stress testing per se and the effects of stress test disclosures. I utilize a novel setting to isolate the effects of stress test disclosures on bank risk taking and financial stability. My results show that stress test disclosures lead to banks increasing their risk taking (i.e., lowering their tier 1 capital ratios) by increasing their risk-weighted assets. I provide evidence consistent with stress test disclosures leading to heighted market discipline of bank risk taking via the pricing of banks' equity in the capital markets. My results further suggest that stress test disclosures lead to banks taking more profitable risks. Finally, I show that stress test disclosures improve bank stability. Overall, my study suggests that stress test disclosures are beneficial along the dimension I examine. These results inform the debate regarding whether stress test results should be publicly disclosed and the broader debate regarding the effects of bank transparency on financial stability.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2024
538 $a Mode of access: World Wide Web
650 4 $a Investments. $3 557691
650 4 $a Hypotheses. $3 1372657
650 4 $a Confidentiality. $3 1343685
650 4 $a Prices. $3 580802
650 4 $a Research design. $3 1466003
653 $a Bank stress test results
653 $a Bank risk taking
653 $a Financial stability
655 7 $a Electronic books. $2 local $3 554714
690 $a 0272
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a The Ohio State University. $b Accounting and MIS. $3 1471007
773 0 $t Dissertations Abstracts International $g 81-06A.
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=27692240 $z click for full text (PQDT)