Reporting Choices in the Shadow of Bank Runs
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DOI: 10.1016/j.jacceco.2017.11.005
Abstract: This paper investigates banks’ reporting choices in the context of bank runs. A fundamental-based run imposes market discipline on insolvent banks, but a panic-based run closes banks that could have survived with better coordination among… read more here.
Keywords: reporting discretion; reporting choices; panic based; bank runs ... See more keywords