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- Title
Should Bank Supervisors Disclose Information About Their Banks?
- Authors
Prescott, Edward Simpson
- Abstract
The article discusses the argument regarding bank supervisors' disclosure on the information about their banks. The author stresses the legal and regulatory powers of the supervisor of the bank to gather information regarding bank's financial stability. He notes the importance of the information for potential investor to evaluate a bank. He demonstrates the possible effect in disseminating information for public use that matters who receives it and for what purpose. He emphasizes the purpose of bank supervision in which to keep banks safe and sound for the protection of taxpayers from liabilities. He presents different reporting models for gathering information necessary for the market and for supervisor. He further notes the reasons why banks disclose its examination results.
- Subjects
BANKING industry; DISCLOSURE; INVESTORS; FINANCIAL disclosure; TRUTHFULNESS &; falsehood; CONFIDENTIAL communications; BANK assets; BANK liquidity; BANK investments
- Publication
Economic Quarterly (10697225), 2008, Vol 94, Issue 1, p1
- ISSN
1069-7225
- Publication type
Article