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Les exigences de transparence des accords de Bâle : aubaine ou fardeau pour les pays en développement ?

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  • Étienne Farvaque
  • Catherine Refait-Alexandre

Abstract

The purpose of this article is to sum up the impact of regulatory requirements for transparency for banks, focusing on the implementation of Basel's requirements in developing and emerging countries. We show how an increased transparency implies a rise in associated cost. However, as the increased transparency can also reduce capital requirements, the net effect is ambiguous, and shown to depend upon the institional context.

Suggested Citation

  • Étienne Farvaque & Catherine Refait-Alexandre, 2016. "Les exigences de transparence des accords de Bâle : aubaine ou fardeau pour les pays en développement ?," Mondes en développement, De Boeck Université, vol. 0(1), pages 131-147.
    • Handle: RePEc:cai:meddbu:med_173_0131
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    References listed on IDEAS

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    1. Ari Hyytinen & Tuomas Takalo, 2002. "Enhancing Bank Transparency: A Re-assessment," Review of Finance, European Finance Association, vol. 6(3), pages 429-445.
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    12. Akhigbe, Aigbe & Martin, Anna D., 2006. "Valuation impact of Sarbanes-Oxley: Evidence from disclosure and governance within the financial services industry," Journal of Banking & Finance, Elsevier, vol. 30(3), pages 989-1006, March.
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    16. Benjamin E. Hermalin & Michael S. Weisbach, 2007. "Transparency and Corporate Governance," NBER Working Papers 12875, National Bureau of Economic Research, Inc.
    17. DeYoung, Robert, et al, 2001. "The Information Content of Bank Exam Ratings and Subordinated Debt Prices," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 33(4), pages 900-925, November.
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    19. Daniel E. Ho, 2002. "Compliance and International Soft Law: Why Do Countries Implement the Basle Accord?," Journal of International Economic Law, Oxford University Press, vol. 5(3), pages 647-688, August.
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    Cited by:

    1. François Guillemin & Maria Semenova, 2020. "Transparency and market discipline: evidence from the Russian interbank market," Annals of Finance, Springer, vol. 16(2), pages 219-251, June.

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    More about this item

    Keywords

    transparency; banks; profits; capital requirements; market discipline; emerging countries;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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