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The Role of Monitoring in Reducing the Moral Hazard Problem Associated with Government Guarantees: Evidence from the Life Insurance Industry
16 references·0 citing·41 second hop
The Role of Monitoring in Reducing the Moral Hazard Problem Associated with Government Guarantees: Evidence from the Life Insurance Industry (1997)The Role of Monitoring in Reducing the Mo…Diversification, Size, and Risk at Bank Holding Companies (1997)Diversification, Size, and Ri…The Impact of Firm Risk on Property-Liability Insurance Prices (1996)The Impact of Firm Risk on Pr…Capital and risk in property-liability insurance markets (1996)Capital and risk in property-…Corporate Control, Portfolio Choice, and the Decline of Banking (1995)Corporate Control, Portfolio …An Empirical Test of the Incentive Effects of Deposit Insurance: The Case of Junk Bonds at Savings and Loan Associations (1994)An Empirical Test of the Ince…Ownership Structure, Deregulation, and Bank Risk Taking (1990)Ownership Structure, Deregula…Deposit Insurance: Lessons from the Record (1989)Deposit Insurance: Lessons fr…Risk‐Based Premiums for Insurance Guaranty Funds (1988)Risk‐Based Premiums for Insur…Management ownership and market valuation (1988)Management ownership and mark…Access to deposit insurance, insolvency rules and the stock returns of financial institutions (1986)Access to deposit insurance, …The Structure of Corporate Ownership: Causes and Consequences (1985)The Structure of Corporate Ow…Deregulation and bank financial policy (1984)Deregulation and bank financi…Federal Deposit Insurance, Regulatory Policy, and Optimal Bank Capital (1981)Federal Deposit Insurance, Re…An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory (1977)An analytic derivation of the…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Pooling Cross Section and Time Series Data in the Estimation of a Dynamic Model: The Demand for Natural Gas (1966)Pooling Cross Section and Tim…Agency Problems and the Theory of the Firm (1980)Separation of Ownership and Control (1983)A Survey of Corporate Governance (1997)Law and Finance (1998)Corporate Ownership Around the World (1999)The Modern Corporation and Private Property (1933)Agency Problems and Residual Claims (1983)Option pricing (1976)On the Cost of Deposit Insurance When There Are Surveillance Costs (1978)Deposit Insurance, Risk, and Market Power in Banking (1988)Bank Competition and Financial Stability (2008)Bank Competition and Stability: Cross-Country Heterogeneity (2011)Financial Intermediation and Delegated Monitoring (1984)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Inside the black box: What explains differences in the efficiencies of financial institutions? (1997)Does Distance Still Matter? The Information Revolution in Small Business Lending (2002)Bank Governance, Regulation, and Risk Taking (2008)The Pricing of Options and Corporate Liabilities (1973)Theory of Rational Option Pricing (1973)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Bank Runs, Deposit Insurance, and Liquidity (1983)The Theory of Bank Risk Taking and Competition Revisited (2005)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)Risk in Banking and Capital Regulation (1988)Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence (1999)The cost of capital, corporation finance and the theory of investment (2008)Risk Reduction as a Managerial Motive for Conglomerate Mergers (1981)The relationship between return and market value of common stocks (1981)Ownership structure, risk and performance in the European banking industry (2007)Strong boards, CEO power and bank risk-taking (2009)The Nature of the Firm (1937)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Corporate financing and investment decisions when firms have information that investors do not have (1984)An Integrative Model Of Organizational Trust (1995)Another look at the instrumental variable estimation of error-components models (1995)The Economics and Econometrics of Active Labor Market Programs (1999)Testing for unit roots in heterogeneous panels (2003)The consolidation of the financial services industry: Causes, consequences, and implications for the future (1999)Rating Banks: Risk and Uncertainty in an Opaque Industry (2002)The dark side of diversification: The case of US financial holding companies (2005)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1988Management ownership and market valuation6,910 cited
  • 1985The Structure of Corporate Ownership: Causes and Consequences6,243 cited
  • 1977An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory1,923 cited
  • 1997Diversification, Size, and Risk at Bank Holding Companies1,092 cited
  • 1990Ownership Structure, Deregulation, and Bank Risk Taking1,031 cited
  • 1966Pooling Cross Section and Time Series Data in the Estimation of a Dynamic Model: The Demand for Natural Gas1,005 cited
  • 1984Deregulation and bank financial policy712 cited
  • 1995Corporate Control, Portfolio Choice, and the Decline of Banking550 cited
  • 1981Federal Deposit Insurance, Regulatory Policy, and Optimal Bank Capital525 cited
  • 1988Risk‐Based Premiums for Insurance Guaranty Funds284 cited
  • 1996The Impact of Firm Risk on Property-Liability Insurance Prices274 cited
  • 1996Capital and risk in property-liability insurance markets271 cited
  • 1989Deposit Insurance: Lessons from the Record133 cited
  • 1994An Empirical Test of the Incentive Effects of Deposit Insurance: The Case of Junk Bonds at Savings and Loan Associations

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98 cited
  • 1986Access to deposit insurance, insolvency rules and the stock returns of financial institutions92 cited
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