How Binding Is Supervisory Guidance? : Evidence from the European Calendar Provisioning

This paper investigates whether banks respond differently to supervisory guidance than to specific regulatory action. Using a sample of subsidiaries of European banks operating in developing countries, the study exploits the sequencing in the super...

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Bibliographic Details
Main Authors: Fiordelisi, Franco, Lattanzio, Gabriele, Mare, David S.
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099712205172222193/IDU04756c4680f87d046860b6af0e7a34c058952
http://hdl.handle.net/10986/37449