Journal of Financial Regulation and Compliance: Volume 26 Issue 2

Global financial regulatory reforms and sovereign’s exemption

Chiara Oldani

The purpose of this paper is to underline the (hidden) risks posed after the crisis by the exemption of non-financial operators, especially sovereigns, from the regulatory reforms…

Is commercial bank lending in South Africa procyclical?

Foluso Abioye Akinsola, Sylvanus Ikhide

This paper aims to examine the relationship between commercial bank lending and business cycle in South Africa. This paper attempts to know whether commercial bank lending in…

The use of efficiency measures to compute welfare improving: an application for competition policy

Gustavo Ferro, Sonia León

Merger approving focuses on both market power and welfare gains. In general, the approval process does not include a comparative efficiency analysis. This paper aims to introduce…

Impact of regulatory reforms on compliance with mandatory disclosures by savings and credit co-operatives in Kenya

David Mutua Mathuva, H. Gin Chong

This paper aims to utilize institutional theory to examine the impact of the 2008-2010 regulatory reforms on compliance with mandatory disclosures by savings and credit…

Institutional framework in developing economies: Do all dimensions matter for financial intermediation by microfinance deposit-taking institutions?

George Okello Candiya Bongomin, Charles Akol Malinga, John C. Munene, Joseph Mpeera Ntayi

The purpose of this paper is to establish the relationship between institutional framework of regulative (formal rules), normative (informal norms) and cultural-cognitive…

Household leverage and consumption during the Great Depression

Kim Abildgren

The purpose of this study is to explore the impact of household leverage on consumption in Denmark during the Great Depression in the 1930s.

Capital structure, ownership and crisis: how different are banks?

Saibal Ghosh, Goutam Chatterjee

The purpose of this study is to examine the issue of bank capital structure which has been widely debated in recent times, especially in view of the envisaged implementation of…