Banking on the principles: Compliance with Basel Core Principles and bank soundness

Allum, P.F., Agça, M., 2001. Economic data dissemination: What influences country performance on frequency and timeliness? Working paper 01/173, International Monetary Fund, Washington Barth, 2001, The regulation and supervision of banks around the world: A new database, 183 Barth, 2004, Bank regulation and supervision: What works best?, J. Finan. Intermediation, 13, 205, 10.1016/j.jfi.2003.06.002 Barth, 2006 Basel Committee on Banking Supervision, 1997 Beck, 2003, Law, endowments, and finance, J. Finan. Econ., 70, 137, 10.1016/S0304-405X(03)00144-2 Billet, 1998, The cost of market versus regulatory discipline in banking, J. Finan. Econ., 48, 333, 10.1016/S0304-405X(98)00014-2 Boyd, 1993, Size and performance of banking firms, J. Monet. Econ., 31, 47, 10.1016/0304-3932(93)90016-9 Caprio, G., Klingebiel, D., 1996. Dealing with bank insolvencies: Cross country experience. Working paper No. 1620, Policy Research, World Bank, Washington Das, U.S., Iossifov, P., Podpiera, R., Rozkhov, D., 2005. Quality of financial policies and financial system stress. Working paper 05/173, International Monetary Fund, Washington Demirgüç-Kunt, 1998, Determinants of banking crises in developed and developing countries, Staff Papers, 45, 10.2307/3867330 Demirgüç-Kunt, 2002, Does deposit insurance increase banking sector fragility?, J. Monet. Econ., 49, 1373, 10.1016/S0304-3932(02)00171-X Demirgüç-Kunt, 2005, Cross-country empirical studies of systemic bank distress: A survey, Nat. Inst. Econ. Rev., 192, 68, 10.1177/002795010519200108 Feltenstein, 2005, International versus domestic auditing of bank solvency, J. Int. Econ., 67, 73, 10.1016/j.jinteco.2004.09.004 Gelos, 2004, Transparency and international portfolio holdings, J. Finance, 60, 2987, 10.1111/j.1540-6261.2005.00823.x Glaeser, 2004, Do institutions cause growth?, J. Econ. Growth, 9, 271, 10.1023/B:JOEG.0000038933.16398.ed Glennerster, R., Shin, Y., 2004. Is transparency good for you and can the IMF help? Working paper 03/132, International Monetary Fund, Washington Gropp, R., Richards, A., 2001. Rating agency actions and the pricing of debt and equity of European banks: What can we infer about private sector monitoring of bank soundness? Working paper No. 76, European Central Bank, Frankfurt Kaufmann, 2003 La Porta, 1998, Law and finance, J. Polit. Economy, 106, 1113, 10.1086/250042 La Porta, 2002, Government ownership of commercial banks, J. Finance, 57, 265, 10.1111/1540-6261.00422 Mitton, 2002, A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis, J. Finan. Econ., 64, 215, 10.1016/S0304-405X(02)00076-4 Moreira, 2003, A conditional likelihood test for structural models, Econometrica, 71, 1027, 10.1111/1468-0262.00438 Patel, 2002, Measuring transparency and disclosure at firm level in emerging markets, Emerging Markets Rev., 3, 325, 10.1016/S1566-0141(02)00040-7 Perotti, 2005, Dominant investor and strategic transparency, J. Law, Econ. Organ., 21, 76, 10.1093/jleo/ewi004 Podpiera, R., 2004. Does compliance with Basel Core Principles bring any measurable benefits? Working paper 04/204, International Monetary Fund, Washington Richards, A., Deddouche, D., 1999. Bank rating changes and bank stock returns—Puzzling evidence from the emerging markets. Working paper 99/151, International Monetary Fund, Washington Schweitzer, 1992, Bond rating agencies and their role in bank market discipline, J. Finan. Services Res., 6, 249, 10.1007/BF01047083 Sironi, 2003, Testing for market discipline in the European banking industry: Evidence from subordinated debt issues, J. Money, Credit, Banking, 35, 443, 10.1353/mcb.2003.0022 Stock, 2005, Testing for weak instruments in IV regressions, 80 Sundararajan, V., Marston, D., Basu, R., 2001. Financial system standards and financial stability—The case of Basel Core Principles. Working paper 01/62, International Monetary Fund, Washington Yu, 2005, Accounting transparency and the term structure of credit spreads, J. Finan. Econ., 75, 53, 10.1016/j.jfineco.2004.07.002