Financial supervisory independence and accountability : exploring the determinants /

We analyze recent trends in, and determinants of, financial supervisory governance. We first calculate levels of supervisory independence and accountability in 55 countries. The econometric analysis of the determinants indicates that the quality of public sector governance plays a decisive role in e...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Masciandaro, Donato, 1961- (Autor), Quintyn, Marc (Autor), Taylor, Michael, 1962- (Autor)
Autores Corporativos: IMF Institute, International Monetary Fund
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund : IMF Institute, 2008.
Colección:IMF working paper ; WP/08/147.
Temas:
Finance > State supervision.
Banks and banking, Central > State supervision.
Finances > Contrôle de l'État.
Banques centrales > Contrôle de l'État.
Banks and banking, Central > State supervision
Finance > State supervision
Bankenaufsicht.
Welt.
Computer network resources.
Acceso en línea:Texto completo
Descripción
Sumario:We analyze recent trends in, and determinants of, financial supervisory governance. We first calculate levels of supervisory independence and accountability in 55 countries. The econometric analysis of the determinants indicates that the quality of public sector governance plays a decisive role in establishing accountability arrangements, more than independence arrangements. It also shows that decisions regarding levels of independence and accountability are not well-connected. The results also show that the likelihood of establishing adequate governance arrangements are higher when the supervisor is located outside the central bank.
Descripción Física:1 online resource (34 pages) : illustrations
Bibliografía:Includes bibliographical references (pages 31-34).
ISBN:145191458X
9781451914580
ISSN:2227-8885 ;

Ejemplares similares