Utilizamos cookies propias y de terceros, analizando sus hábitos de navegación en nuestra página web, con la finalidad de garantizar la calidad, seguridad y mejora de los servicios ofrecidos a través de la misma. En los casos en que el usuario no manifieste expresamente si acepta o no la instalación de las cookies, pero continúe utilizando nuestra página web, se entenderá que éste ha dado su consentimiento, informándole expresamente de la posibilidad de bloquear o eliminar las cookies instaladas en su equipo mediante la configuración de las opciones del navegador. Puede obtener más información a este respecto consultando nuestra Política de Cookies Acepto
Ivie
VALENCIAN INSTITUTE OF ECONOMIC RESEARCH

Research article

Journal of Money, Investment and Banking Authors: Santiago Carbó-Valverde, Edward J. Kane and Francisco Rodriguez-Fernandez

Title: Regulatory arbitrage in cross-border banking mergers within the EU

Source: Journal of Money, Investment and Banking

Abstract: Expanding the cross-country footprint of an organization’s profit-making activities changes the geographic pattern of its exposure to loss in ways that are hard for regulators and supervisors to observe. This paper tests and confirms the hypothesis that differences in the size and character of safetynet benefits available to banks in individual EU countries help to account for cross-bordermerger activity. Our results suggest that central bankers need to develop statistical procedures for assessing the consequences of differences in supervisory strength and weakness in partner countries. We believe that the methods used here can help in this task.

View article

Recommended citation:

Carbó, S., E. J. Kane and F. Rodríguez (2013): "Regulatory arbitrage in cross-border banking mergers within the EU", Journal of Money, Investment and Banking, 44(8), December, pp. 1609-1629.

Article by Maria Teresa Balaguer-Coll, Diego Prior and Emili Tortosa-Ausina: Output complexity, environmental conditions, and the efficiency of municipalities, Journal of Productivity Analysis

Further articles