Bank Risk and Deposit Insurance

Laeven, Luc

关键词: ACCOUNTING;    ASSET VALUE;    ASSET VALUES;    ASSET VOLATILITY;    BAILOUT;   

RP-ID  :  77378

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Arguing that a relatively high cost ofdeposit insurance indicates that a bank takes excessiverisks, this article estimates the cost of deposit insurancefor a large sample of banks in 14 economies to assess therelationship between the risk-taking behavior of banks andtheir corporate governance structure. The results suggestthat banks with concentrated ownership tend to take thegreatest risks, and those with dispersed ownership engage ina relatively low level of risk taking. Moreover, as a proxyfor bank risk, the cost of deposit insurance has some powerin predicting bank distress