Implementation of Basel Accords in Bangladesh

The Role of Institutions

Authors: Hasan, A K M Kamrul, Suzuki, Yasushi

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  • Analyzes the External Credit Rating Agencies incentive and sanction issues from institutional economics perspective
  • Discusses the ill-impact of naïve adoption of sub-ordinated debt as regulatory capital and its associated risk on financial system
  • Argues institutional efficiency would be futile in the absence of incentive and sanction mechanisms in the regulation
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  • ISBN 978-981-16-3472-7
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About this book

This book analyzes the impact of Basel Accord in Bangladesh. More specifically, it focuses on the credit risk homogenization under standardized approach of Basel Accord where External Credit Rating Agencies (ECAIs) are allowed to rate the exposures, the potential risk of allowing sub-ordinated debt (Sub-debt) as Tier 2 capital, and multiple bank distress cases as a real-world scenarios. 
In doing so, the book explores why the ECAIs rating fail to capture the real credit risk of exposure and to what extent sub-debt is reliable as regulatory capital. With that, the book's scope is categorized into three tracts (i) analyzes the ECAIs incentive and sanction issues from institutional economics perspective (ii) discusses the ill-impact of Naïve adoption of sub-ordinated debt as regulatory capital and its associated risk on financial system, and (iii) providing readers an empirical illustrations of bank distress when an economy tapped into institutional failures in the above-mentioned tracts (i) and (ii).   

About the authors

A K M Kamrul Hasan has received his Ph.D. from Ritsumeikan Asia Pacific University. His research interests include banking regulation, corporate governance, venture capital, and innovation driven enterprise finance. His works have appeared in several peer-reviewed international journals including Financial Internet Quarterly, International Journal of Economics, Management and Accounting, International Journal of SME Development, and BAUET Journal.

Yasushi Suzuki is a Professor of Finance at the College of International Management, Ritsumeikan Asia Pacific University, Japan. His primary research interest focuses on the institutional political economy and financial development.




 

Table of contents (9 chapters)

Table of contents (9 chapters)

Buy this book

eBook $109.00
price for Brazil
  • ISBN 978-981-16-3472-7
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for Brazil
  • ISBN 978-981-16-3471-0
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
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Bibliographic Information

Bibliographic Information
Book Title
Implementation of Basel Accords in Bangladesh
Book Subtitle
The Role of Institutions
Authors
Copyright
2021
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
eBook ISBN
978-981-16-3472-7
DOI
10.1007/978-981-16-3472-7
Hardcover ISBN
978-981-16-3471-0
Edition Number
1
Number of Pages
XX, 214
Number of Illustrations
2 b/w illustrations
Topics