Banks’ capital, regulation and the financial crisis

Detalhes bibliográficos
Autor(a) principal: Teixeira, João
Data de Publicação: 2013
Outros Autores: Silva, Francisco, Fernandes, Ana V., Alves, Ana Carolina Gomes
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.3/5075
Resumo: This paper investigates whether regulatory capital requirements play an important role in determining banks’ equity capital. We estimate equity capital regressions using panel data of a sample of 560 banks for 2004-2010. Our results suggest that regulatory capital requirements are not first order determinants of banks’ capital structure. We document differences on the effect of most factors on banks’ share of equity according to the type of bank and to the region of the bank. Finally, we show that the determinants of this share are sensitive to the recent international financial crisis and to a set of regulatory country factors.
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spelling Banks’ capital, regulation and the financial crisisBank CapitalCapital StructureFinancial CrisisFinancing PolicyThis paper investigates whether regulatory capital requirements play an important role in determining banks’ equity capital. We estimate equity capital regressions using panel data of a sample of 560 banks for 2004-2010. Our results suggest that regulatory capital requirements are not first order determinants of banks’ capital structure. We document differences on the effect of most factors on banks’ share of equity according to the type of bank and to the region of the bank. Finally, we show that the determinants of this share are sensitive to the recent international financial crisis and to a set of regulatory country factors.Universidade dos AçoresRepositório da Universidade dos AçoresTeixeira, JoãoSilva, FranciscoFernandes, Ana V.Alves, Ana Carolina Gomes2019-04-30T17:57:50Z2013-122013-12-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.3/5075engTeixeira, João C. A.; Silva, Francisco J. F.; Fernandes, Ana V.; Alves, Ana C. G. (2013). Banks’ capital, regulation and the financial crisis, “Working Paper Series”, nº 3/13, 54 pp.. Ponta Delgada: Universidade dos Açores, CEEAplA-A.10.1016/j.najef.2014.01.002info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2022-12-20T14:33:21Zoai:repositorio.uac.pt:10400.3/5075Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:27:21.745374Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Banks’ capital, regulation and the financial crisis
title Banks’ capital, regulation and the financial crisis
spellingShingle Banks’ capital, regulation and the financial crisis
Teixeira, João
Bank Capital
Capital Structure
Financial Crisis
Financing Policy
title_short Banks’ capital, regulation and the financial crisis
title_full Banks’ capital, regulation and the financial crisis
title_fullStr Banks’ capital, regulation and the financial crisis
title_full_unstemmed Banks’ capital, regulation and the financial crisis
title_sort Banks’ capital, regulation and the financial crisis
author Teixeira, João
author_facet Teixeira, João
Silva, Francisco
Fernandes, Ana V.
Alves, Ana Carolina Gomes
author_role author
author2 Silva, Francisco
Fernandes, Ana V.
Alves, Ana Carolina Gomes
author2_role author
author
author
dc.contributor.none.fl_str_mv Repositório da Universidade dos Açores
dc.contributor.author.fl_str_mv Teixeira, João
Silva, Francisco
Fernandes, Ana V.
Alves, Ana Carolina Gomes
dc.subject.por.fl_str_mv Bank Capital
Capital Structure
Financial Crisis
Financing Policy
topic Bank Capital
Capital Structure
Financial Crisis
Financing Policy
description This paper investigates whether regulatory capital requirements play an important role in determining banks’ equity capital. We estimate equity capital regressions using panel data of a sample of 560 banks for 2004-2010. Our results suggest that regulatory capital requirements are not first order determinants of banks’ capital structure. We document differences on the effect of most factors on banks’ share of equity according to the type of bank and to the region of the bank. Finally, we show that the determinants of this share are sensitive to the recent international financial crisis and to a set of regulatory country factors.
publishDate 2013
dc.date.none.fl_str_mv 2013-12
2013-12-01T00:00:00Z
2019-04-30T17:57:50Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.3/5075
url http://hdl.handle.net/10400.3/5075
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Teixeira, João C. A.; Silva, Francisco J. F.; Fernandes, Ana V.; Alves, Ana C. G. (2013). Banks’ capital, regulation and the financial crisis, “Working Paper Series”, nº 3/13, 54 pp.. Ponta Delgada: Universidade dos Açores, CEEAplA-A.
10.1016/j.najef.2014.01.002
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade dos Açores
publisher.none.fl_str_mv Universidade dos Açores
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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