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This paper examines the impact of banking crises on market discipline across an international sample of banks, revealing that market discipline generally weakens after such crises. The extent of this weakening is influenced by the regulatory, supervisory, and institutional frameworks in place prior to the crisis, as well as the nature of crisis intervention policies adopted by governments. Findings indicate that countries with stronger pre-crisis market discipline experience a greater decline in depositor v

Author

mmoproject68

Language

EN