Exportar Publicação

A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Dutra, T. M., Teixeira, J. C. A. & Dias, J. C. (2023). Banking regulation and banks’ risk-taking behavior: The role of investors’ protection. The Quarterly Review of Economics and Finance. 90, 124-148
Exportar Referência (IEEE) 
T. M. Dutra et al.,  "Banking regulation and banks’ risk-taking behavior: The role of investors’ protection", in The Quarterly Review of Economics and Finance, vol. 90, pp. 124-148, 2023
Exportar BibTeX 
@article{dutra2023_1734978970183,
	author = "Dutra, T. M. and Teixeira, J. C. A. and Dias, J. C.",
	title = "Banking regulation and banks’ risk-taking behavior: The role of investors’ protection",
	journal = "The Quarterly Review of Economics and Finance",
	year = "2023",
	volume = "90",
	number = "",
	doi = "10.1016/j.qref.2023.06.002",
	pages = "124-148",
	url = "https://www.sciencedirect.com/science/article/pii/S1062976923000716?via%3Dihub"
}
Exportar RIS 
TY  - JOUR
TI  - Banking regulation and banks’ risk-taking behavior: The role of investors’ protection
T2  - The Quarterly Review of Economics and Finance
VL  - 90
AU  - Dutra, T. M.
AU  - Teixeira, J. C. A.
AU  - Dias, J. C.
PY  - 2023
SP  - 124-148
SN  - 1062-9769
DO  - 10.1016/j.qref.2023.06.002
UR  - https://www.sciencedirect.com/science/article/pii/S1062976923000716?via%3Dihub
AB  - Using panel data from a sample of 535 banks from OECD countries for the 2004–2016 period, this paper examines whether the influence of banking regulation on banks’ risk is channeled through the level of investors’ protection. The banking regulatory factors we consider are activity restrictions, capital stringency and supervisory power. We find that the overall effect of banking regulation on banks’ risk is conditional on the level of investors’ protection and that investors’ protection plays the role of reinforcing each of these individual effects. Investor protection reinforces the positive effect of activity restrictions and capital stringency on banks’ risk and also reinforces the negative effect of supervisory power on this risk. These results are robust to a different estimation method and a different proxy for banks’ risk. Additional robustness tests reveal that some of the banking regulation effects are contingent on the banks’ size and the systemic banking crisis period. 
ER  -