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A note on foreign bank ownership and monitoring: An international comparison

  • Bertus, Mark
  • Jahera Jr., John S.
  • Yost, Keven
Registered author(s):

    This paper empirically analyzes the relation between foreign bank ownership and the three pillars of the New Basel Capital Accord (i.e., capital regulatory oversight, supervisory oversight, and market discipline). Using a new database covering 153 countries, we find that countries with greater market discipline have a lower presence of foreign banks operating in their economy. Furthermore, our evidence indicates that capital regulatory oversight and supervisory oversight are not significantly related to foreign bank ownership.

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    File URL: http://www.sciencedirect.com/science/article/B6VCY-4P6M625-1/1/4b2f1890de393b13528180c07eff4f34
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    Article provided by Elsevier in its journal Journal of Banking & Finance.

    Volume (Year): 32 (2008)
    Issue (Month): 2 (February)
    Pages: 338-345

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    Handle: RePEc:eee:jbfina:v:32:y:2008:i:2:p:338-345
    Contact details of provider: Web page: http://www.elsevier.com/locate/jbf

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