國立高雄大學圖資館 |

Mandatory financial disclosures and the banking sectora principal-agent framework /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Mandatory financial disclosures and the banking sectorby Kumar Dasgupta.
Reminder of title:	a principal-agent framework /
Author:	Dasgupta, Kumar.
Published:	Cham :Springer Nature Switzerland :2023.
Description:	xvii, 173 p. :ill., digital ;24 cm.
Contained By:	Springer Nature eBook
Subject:	Banks and bankingAccounting.
Online resource:	https://doi.org/10.1007/978-3-031-37212-4
ISBN:	9783031372124$q(electronic bk.)

Mandatory financial disclosures and the banking sectora principal-agent framework /
Dasgupta, Kumar.

Mandatory financial disclosures and the banking sectora principal-agent framework /[electronic resource] :by Kumar Dasgupta. - Cham :Springer Nature Switzerland :2023. - xvii, 173 p. :ill., digital ;24 cm. - Palgrave Macmillan studies in banking and financial institutions,2523-3378. - Palgrave Macmillan studies in banking and financial institutions..

1. Introduction -- 2. The Enigma of Mandatory Disclosures -- 3. Mandatory Disclosures as a Principal Agent Paradigm -- 4. Information asymmetry and banking regulations -- 5. Information content and pillar 3 disclosures -- 6. Conclusion.

This book explores mandatory disclosures. The book raises questions regarding the efficacy of market discipline and reaches a conclusion that seems to be borne out by the recent failure of Silicon Valley Bank and Credit Suisse. The book starts by asking the question why do we need mandatory disclosures. First, it develops a framework using a Principal-Agent model that provides an economic rationale for such disclosures. Second, it analyses the requirements outlined in Basel banking regulations over three decades and finds support for the propositions outlined in the developed framework in all key BCBS pronouncements. Last, the book empirically evaluates Pillar 3 disclosures and arrives at the surprising result that such disclosures do not seem have an impact on bond investors. The book concludes by outlining the policy implications regarding the design, efficacy, implementation, and limitations of regulation in an economy. Kumar Dasgupta is currently a Visiting Faculty in Accounting at the University of Cambridge, Judge Business School, UK and also the Technical Director (part-time) at the IVSC, the body responsible for setting global standards on valuations. Prior to this Kumar was Technical Director at the IFRS Foundation, and was responsible for projects relating to financial instruments accounting. Prior to his involvement in standard setting, Kumar was a partner in PricewaterhouseCoopers.

ISBN: 9783031372124$q(electronic bk.)

Standard No.: 10.1007/978-3-031-37212-4doiSubjects--Topical Terms:

892069
Banks and banking
--Accounting.

LC Class. No.: HG1707 / .D37 2023

Dewey Class. No.: 332.10681

Mandatory financial disclosures and the banking sectora principal-agent framework /
LDR:02757nmm a2200337 a 4500 001 648504
003 DE-He213
005 20230727154124.0
006 m d
007 cr nn 008maaau
008 240116s2023 sz s 0 eng d
020 $a 9783031372124$q(electronic bk.)
020 $a 9783031372117$q(paper)
024 7 $a 10.1007/978-3-031-37212-4 $2 doi
035 $a 978-3-031-37212-4
040 $a GP $c GP
041 0 $a eng
050 4 $a HG1707 $b .D37 2023
072 7 $a KNST $2 bicssc
072 7 $a BUS070140 $2 bisacsh
072 7 $a KFF $2 thema
082 0 4 $a 332.10681 $2 23
090 $a HG1707 $b .D229 2023
100 1 $a Dasgupta, Kumar. $3 958255
245 1 0 $a Mandatory financial disclosures and the banking sector $h [electronic resource] : $b a principal-agent framework / $c by Kumar Dasgupta.
260 $a Cham : $b Springer Nature Switzerland : $b Imprint: Palgrave Macmillan, $c 2023.
300 $a xvii, 173 p. : $b ill., digital ; $c 24 cm.
490 1 $a Palgrave Macmillan studies in banking and financial institutions, $x 2523-3378
505 0 $a 1. Introduction -- 2. The Enigma of Mandatory Disclosures -- 3. Mandatory Disclosures as a Principal Agent Paradigm -- 4. Information asymmetry and banking regulations -- 5. Information content and pillar 3 disclosures -- 6. Conclusion.
520 $a This book explores mandatory disclosures. The book raises questions regarding the efficacy of market discipline and reaches a conclusion that seems to be borne out by the recent failure of Silicon Valley Bank and Credit Suisse. The book starts by asking the question why do we need mandatory disclosures. First, it develops a framework using a Principal-Agent model that provides an economic rationale for such disclosures. Second, it analyses the requirements outlined in Basel banking regulations over three decades and finds support for the propositions outlined in the developed framework in all key BCBS pronouncements. Last, the book empirically evaluates Pillar 3 disclosures and arrives at the surprising result that such disclosures do not seem have an impact on bond investors. The book concludes by outlining the policy implications regarding the design, efficacy, implementation, and limitations of regulation in an economy. Kumar Dasgupta is currently a Visiting Faculty in Accounting at the University of Cambridge, Judge Business School, UK and also the Technical Director (part-time) at the IVSC, the body responsible for setting global standards on valuations. Prior to this Kumar was Technical Director at the IFRS Foundation, and was responsible for projects relating to financial instruments accounting. Prior to his involvement in standard setting, Kumar was a partner in PricewaterhouseCoopers.
650 0 $a Banks and banking $x Accounting. $3 892069
650 0 $a Banking law. $3 192251
650 0 $a Bank management. $3 207570
650 1 4 $a Financial Services. $3 747489
650 2 4 $a Financial Law. $3 921726
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer Nature eBook
830 0 $a Palgrave Macmillan studies in banking and financial institutions. $3 460181
856 4 0 $u https://doi.org/10.1007/978-3-031-37212-4
950 $a Economics and Finance (SpringerNature-41170)