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2006 | nr 2 | 45--54
Tytuł artykułu

Dyscyplina rynkowa w bankowości: nowe idee, modele i obserwacje empiryczne

Warianty tytułu
Market discipline in banking: new ideas, models and empirical observations
Języki publikacji
Celem artykułu jest przybliżenie najnowszych osiągnięć literatury przedmiotu z zakresu dyscypliny rynkowej w bankowości oraz zidentyfikowanie popularnych i obiecujących nurtów badawczych. Za szczególnie istotne uznano wychwycenie najważniejszych osiągnięć z praktycznego, ale także metodologicznego punktu widzenia.
Theoretical and empirical work which discusses issues connected with possibilities, forms and consequences of market discipline in banking is the effect of growing interest in this field. In the last three years many important publications enriching or reviewing the existing state of knowledge have been published. The aim of this paper is to bring closer the latest achievements presented in the professional literature and to identify popular and promising research trends. The results of current research work not only confirm that the standing of banks is monitored by capital suppliers but also document a positive impact of institutional solutions which favour the role of market discipline in shaping the long-term stability of the banking system. They suggest that there are numerous complementary areas for market and regulatory disciplines, including these which are connected with inspection of exposed banks and the use of market signals in the supervision process (i.e. the use of the so-called intermediary market discipline). They enrich the knowledge about the specificity of capital suppliers' behaviour on emerging markets and under the conditions of increasing systemic risk.(original abstract)
Opis fizyczny
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