Should a mandatory subordinated debt policy be introduced in the United Kingdom? Evidence from the issuance activity of banks and building societies

Current research is beginning to question the role and effectiveness of traditional rules-based bank regulatory oversight in favor of incentive-compatible regulatory design and market discipline and, in particular, mandatory subordinated debt market discipline. However, research on the suitability o...

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Bibliographic Details
Main Authors: Paul Hamalainen, Barry Howcroft, Maximilian Hall
Format: Default Article
Published: 2010
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Online Access:https://hdl.handle.net/2134/14626
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