Lin, Shu Ling; Hwang, Da-Yeh; Wang, Keh Luh; Xie, Zhe Wen - In: International Journal of Management, Economics and … 2 (2013) 2, pp. 99-128
This study analyzes the relevance of capital adjustment and risk-taking adjustment during the financial tsunami when the banking industry was under capital regulation. Using the panel data of commercial banks in the USA and non-USA from 2003 to 2009, we consider the effects of financial freedom,...