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Assessing market discipline in UK credit institutions: subordinated debt holders as signallers of bank risk

The thesis examines subordinated debt holder market discipline in UK credit institutions during the period 1995 to 2002. The topic is relevant as current research is questioning the role and effectiveness of rules-based bank regulatory oversight, and favouring, instead, incentive-compatible regulato...

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Bibliographic Details
Main Author: Paul Hamalainen
Format: Default Thesis
Published: 2007
Subjects:
Online Access:https://hdl.handle.net/2134/8057
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