Table A7.

Univariate statistics on the impact of CoCo issuance on bank risk before and after issuance (issuers only sample)

(1)(2)(3)
Risk measuresBefore issuanceAfter issuanceDifferences
Loan Loss Res0.0263 (0.0007)0.0194 (0.0008)−0.006*** (0.001)
Impaired Loans0.049 (0.0013)0.038 (0.0016)−0.011*** (0.002)

Notes:

***p < 0.01, **p < 0.05, *p < 0.1.

This table reports a univariate analysis on how bank risk-taking is affected before and after CoCo issuance. We focus only on the issuers sample

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