- Why EDHEC
- All programmes
- Executive Education
- Research and Innovation
-
Companies and careers
Working with and for companiesThe company is the focal point of EDHEC’s plan, and its reason for being.
- EDHEC Experience
Banking: Why Does Regulation Alone Not Suffice? Why Must Governments Intervene?
The position this paper takes is that if all institutional investors are bound by regulations that force them to sell risky assets during downturns, these assets will ultimately be absorbed by unregulated long-term investors.
Author(s) :
Applied Research Manager at the EDHEC Risk and Asset Management Research Centre
Presentation :
Additional examination shows that, in the current environment, sovereign wealth funds and governments are the possible buyers of theseassets. As public intervention entails moral hazard, it follows that for the stability of the financial system throughout the business cycle regulations must be improved. Our proposal is to include buffersby which we mean an amount of regulatory capital that will vary over the business cycle and could eventually disappear provided it is recovered over the medium termabove minimum capital requirements in the prudential regulations.| Type : | Position paper |
|---|---|
| Date : | le 03/11/2008 |
| Extra information : | Ce document constitue une synthèse de travaux scientifiques conduits au sein de l'EDHEC. Pour plus d'informations, nous vous prions de vous adresser à Séverine Anjubault de la direction de la recherche de l'EDHEC : severine.anjubault@edhec.edu Les opinions exprimées sont celles de l'auteur et n'engagent pas la responsabilité de l'EDHEC. |
| Research Cluster : | Finance |
See Also
About EDHEC
Located in Lille, Nice, Paris, London and Singapore, EDHEC is one of the 20 best business schools in the world. Resolutely international and directly connected to the world of business, it is known for the excellence of its research and its capacity to train entrepreneurs and managers able to move the lines.
A true laboratory of ideas, it produces innovative solutions recognized by companies.
Her research is irrigating her teaching based on "build people to build business" and "learning by doing".
