Regulation, institutional quality, and stability of the banking system in West African Economic and Monetary Union

Autor:	Koffi Sodokin, Essowaba Egbeleo, Richard Kuessi, Mawuli Kodjovi Couchoro, Akoété Ega Agbodji
Jazyk:	angličtina
Rok vydání:	2023
Předmět:	banking regulation and supervision institutional quality banking risk management G38 G21 L51 Finance HG1-9999 Economic theory. Demography HB1-3840
Zdroj:	Cogent Economics & Finance, Vol 11, Iss 2 (2023)
Druh dokumentu:	article
ISSN:	23322039 2332-2039
DOI:	10.1080/23322039.2023.2256127
Popis:	AbstractThis study investigates the relationship between prudential regulation and banking risk in the West African Economic and Monetary Union contingent on institutional quality. The empirical analysis employed panel data from 63 banks spanning 2006–2019. The key findings reveal that stringent banking regulations and supervision enhance banks’ stability. Capital regulations, activity restrictions, and supervisory authorities reduce the risk of bank insolvency. The results suggest that a favorable institutional climate promotes rigorous enforcement of regulatory standards and robust supervision, thereby amplifying their efficacy. Overall, this study concludes that prudential policies exhibit risk-mitigating effects in West African Economic and Monetary Union countries conditional on sound institutional frameworks.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/41f31539098c492eb11b61fba3935738 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF Plný text ve formátu HTML
Nepřihlášeným uživatelům se plný text nezobrazuje	K zobrazení výsledku je třeba se přihlásit.