e-journal

Compensating victims of bankrupted financial institutions:a law and economic analysis

---

Purpose – The purpose of this paper is to understand the incentive effects of existing compensation
mechanisms in case of the bankruptcy of a financial institution.
Design/methodology/approach – The paper uses insights of law and economics to predict the
effects of compensation mechanisms on the incentives of depositors, financial institutions, financial
regulators and government.
Findings – The paper shows that the current compensation system in The Netherlands will not
provide sufficient incentives for all stakeholders to prevent the failure of a financial institution.
Adjustments to this system are necessary to improve these incentives.
Original/value – The paper examines for the first time the impact of different compensation
mechanisms on the incentives of multiple stakeholders. It also shows how these mechanisms influence
each other regarding their incentive generating capability. These findings offer important insights for
policy makers.

Keywords Torts, Compensation, Law, Economics

---

Ketersediaan

Tidak ada salinan data

Informasi Detail

Judul Seri

Journal of Financial Regulation and Compliance

No. Panggil

-

Penerbit

: Emerald Group., 2011

Deskripsi Fisik

Journal of Financial Regulation and Compliance Vol. 19 No. 2, 2011 pp. 156-173

Bahasa

English

ISBN/ISSN

-

Klasifikasi

-

Tipe Isi

-

Tipe Media

-

Tipe Pembawa

-

Edisi

-

Subjek

EKONOMI

Info Detail Spesifik

-

Pernyataan Tanggungjawab

Asmawati/Syahrial

Versi lain/terkait

Lampiran Berkas

Komentar

---

Anda harus masuk sebelum memberikan komentar