Is regulatory capital a legitimate, comparable and objective global standard? Evidence from 51 institutions across 17 countries
Capital as an instrument for financial regulation has come under scrutiny since the financial crisis of 2007 to 2010 highlighted some deficiencies in the ability of capital to absorb unexpected losses and the procyclical nature of capital. This scrutiny arises mainly from the perspective that one of...
Main Authors: | Johann Jacobs, Gary van Vuuren |
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Format: | Article |
Language: | English |
Published: |
AOSIS
2014-05-01
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Series: | South African Journal of Economic and Management Sciences |
Online Access: | https://sajems.org/index.php/sajems/article/view/568 |
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