Barth, James R. (contributor); Caprio, Gerard (contributor); … - 2008
or efficiency. While some countries have
empowered private monitoring of banks, consistent with
the third pillar of … regulations to empower private
monitoring, consistent with the third pillar of Basel II, there are many exceptions and even … grounded in what has worked in practice. In our earlier work, we found that an
approach that favors private monitoring …