Risk and the Corporate Structure of Banks

Risk and the Corporate Structure of Banks
We identify different sources of risk as important determinants of banks' corporate structures when expanding into new markets. Subsidiary-based corporate structures benefit from greater protection against economic risk because of affiliate-level limited liability, but are more exposed to the risk of capital expropriation than are branches.... READ MORE...

Publication date: February 2010
ISBN 9781451962901
$18.00

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