Banking Crises and Bank Rescues: The Effect of Reputation

Jenny Corbett () and Janet Mitchell

No 290, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

Abstract: This paper focuses on bank rescue packages and on the behaviour of troubled banks in light of rescue offers. A puzzling feature of experience with banking crises is that in many cases policy authorities make offers of bank rescue, and banks are reluctant to accept these offers. We study situations in which regulators have decided to offer bank rescue plans, and we show that a combination of factors, including bankers' reputational concerns, can explain banks' potential reluctance to accept offers of recapitalisation.

Keywords: banking crises; banking regulation; financial reform (search for similar items in EconPapers)
Pages: pages
Date: 2000-01-01
New Economics Papers: this item is included in nep-cba and nep-pke
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Citations: View citations in EconPapers (19)

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Journal Article: Banking crises and bank rescues: the effect of reputation (2000)
Journal Article: Banking Crises and Bank Rescues: The Effect of Reputation (2000)
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