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 assuntospesquisa de artigos
Home Pagelista alfabética de periódicos  

Serviços Personalizados

Artigo

Indicadores

Links relacionados

  • Em processo de indexaçãoCitado por Google
  • Em processo de indexaçãoSimilares em Google

Compartilhar


South African Journal of Economic and Management Sciences

versão On-line ISSN 2222-3436
versão impressa ISSN 1015-8812

Resumo

JACOBS, Johann  e  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 2222-3436.  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.

Palavras-chave : capital requirements; cost of capital; developing economies; banks; Basel; Solvency II.

        · texto em Inglês     · Inglês ( pdf )