...Khaldoon I. Al-Haddad; Ghassan H. Mardini Purpose This study aims to investigate the determinants of voluntary disclosure in US small banks, focusing on the impact of market discipline exerted by depositors. Using a regulatory change in 2017 that allowed small banks to choose between two...

... in assessing the compliance with disclosure requirements as prescribed by Pillar III of the Basel norms. To the best of the authors’ knowledge, this is the first research to compare market discipline in emerging markets. Existing studies have either assessed the level of compliance in one individual or similar...

... of these regulations in mitigating Bank risk (instability) in SSA. The focus of empirical analysis is on examining the implications of four regulations (capital, activity restrictions, supervisory power and market discipline) on risk-taking behaviour of banks. Design/methodology/approach This paper uses two...

... loans. Greater disclosure is associated with more risk-taking and vice versa. This implies that market discipline is not effective in Ghana. Treasury bill rate, profitability and liquidity were found to be economically meaningful and statistically significant in influencing risk-taking of banks in Ghana...

...Fernando Castagnolo; Gustavo Ferro Purpose The purpose of this paper is to examine empirically whether the market discipline works, and if so, whether it is a complement or substitute of prudential regulation in the insurance markets. Market discipline is intended as “the power of … market forces...