SciELO - Scientific Electronic Library Online

 
vol.18 número1Cost-effective infrastructure choices in education: Location, build or repairImplementing the countercyclical capital buffer in South Africa: Practical considerations índice de autoresíndice de materiabúsqueda de artículos
Home Pagelista alfabética de revistas  

Servicios Personalizados

Articulo

Indicadores

Links relacionados

  • En proceso de indezaciónCitado por Google
  • En proceso de indezaciónSimilares en Google

Compartir


South African Journal of Economic and Management Sciences

versión On-line ISSN 1015-8812

Resumen

JACOBS, Johann  y  VAN VUUREN, Gary. The role of cost of capital in regulatory capital discrepancies among developing countries. S. Afr. j. econ. manag. sci. [online]. 2015, vol.18, n.1, pp. 84-104. ISSN 1015-8812.  http://dx.doi.org/10.17159/2222-3436/2015/v18n1a7.

Capital as a regulatory instrument has been shown to contribute to competitiveness distortions between developed and developing countries. There is a dearth of literature that analyses the possibility of further competitiveness discrepancies to which capital requirements may contribute among developing countries. This article explores whether regulatory capital requirements lead to unequal competitive conditions between developing countries based on their costs of capital. It also attempts to identify drivers of such discrepancies. Data of 52 financial institutions from 20 countries spread across 4 geographical regions are used for the analysis.

Palabras clave : capital requirements; cost of capital; developing economies; banks; Basel; Solvency II.

        · texto en Inglés     · Inglés ( pdf )