The exposures of the banking system during the global financial crisis of 2007-2009 alerted regulators who strengthened their supervision of banks to prevent future problems. Yet, banks need to perform one of their main functions in the economy, which is creating liquidity. This raises the...

Although banks possess superior liquidity risk management skills, the financial crisis of 2007-2009 severely affected their liquidity buffers. This led to increasing concerns by regulators on the adverse effects of reliance on unstable wholesale funding. Building on the growing literature on...

We examine the relationship between bank asset and informational quality. We use a diversified panel of 699 banks from 84 countries and measure opacity (lack of informational quality) with rating disagreements between issuer-specific ratings by the Big 3 credit rating agencies (S&P, Moody's and...

Intro -- Contents -- Foreword -- Preface -- 第一编 总 则 Book I: General Provisions -- 第一章 基本 定 Chapter 1: Fundamental Rules -- 第二章 然 人 Chapter 2: Natural Person -- 第三章 法 人 Chapter 3: Legal Person -- 第四章 法人组织 Chapter 4: Unincorporated...