Banking on the Principles: Compliance with Basel Core Principles and Bank Soundness

This study finds that banks receive more favorable Moody's financial strength ratings in countries with better compliance with Basel Core Principles related to information provision. The results are robust to controlling for broad indexes of institutional quality, macroeconomic variables, sover...

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Bibliographic Details
Main Authors: Demirguc-Kunt, Asli, Detragiache, Enrica, Tressel, Thierry
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5634