Glaser, Markus; Riepe, Jan - In: Finance Research Letters 11 (2014) 1, pp. 47-53
Unlike industrial companies, banks allocate “risk-taking potential” across subunits, instead of investment budgets or assets. Researchers typically do not have access to this data on risk-bearing capacity across subunits and use (changes in) assets or loans instead. Based on unique data from...