Haar, Lawrence; Gregoriou, Andros - In: Risks : open access journal 11 (2023) 6, pp. 1-23
performance and capital structure, to see if the Basel regulatory agenda concerning the quantity, quality and liquidity of capital … aligning the cost of capital with their exposure to market risk, measured by Value at Risk; or if regulations have induced … capital is largely unchanged. A consequence of regulation may be to encourage the migration of riskier activities to …