Berger, Allen N; Davies, Sally M; Flannery, Mark J - In: Journal of Money, Credit and Banking 32 (2000) 3, pp. 641-67
This paper compares the timeliness and accuracy of (confidential) government assessments of bank condition against market evaluations of large U.S. bank holding companies. We find that supervisors and bond rating agencies both acquire some information that would help the other group forecast...