Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10012496805
In a crisis, when faced with insolvency, banks can sell stock in a dilutive offering in thestock market and borrow money in order to raise funds. We propose a simple model to find themaximum amount of new funds the banks can raise in these ways. To do this, we incorporatemarket confidence of the...
Persistent link: https://www.econbiz.de/10013247163
Persistent link: https://www.econbiz.de/10015358111