ID | 363894 |
Title Proper | Agency Problems and Risk Taking at Banks |
Other Title Information | Federal Reserve Bank of New York - Staff Reports. No. 29, September 1997 |
Language | ENG |
Author | Demsetz, Rebecca S. ; Saidenberg, Marc R. ; Philip E. Strahan |
Publication | NEw York, Federal Reserve Bank of New York, 1997. |
Description | Paperback Volume |
Series | Federal Reserve Bank of New York - Staff Reports |
Summary / Abstract (Note) | The moral hazard problem associated with deposit insurance generates the potential for excessive risk taking on the part of bank owners. The banking literature identifies franchise value - a firm's profit-generating potential - as one force mitigating that risk taking. |
Key Words | Risks in Banking |