'Holding shareholders to account. British banking stability and contingent capital' in N Dimsdale & A Hotson (eds), British Financial Crises Since 1945
Details:
- Author(s) Turner, John, business historian
- Publication type Chapter
- Year published 2014
- Pages pp137-57
- Publisher Oxford University Press
- Place Published Oxford
Topics:
- Name Capital and money markets, etc
Countries:
Library:
- Name British Library
- City London
- County Greater London
- Country England
- Postcode NW1 2DB
- Visit British Library's website
Groups:
Notes:
Considers the relative stability of the British banking system from the 1820s to 2008, suggesting its sustained relative stability until the latter date can be attributed to the role of contingent shareholder capital and the element of stability that it induced. Has sections: 'Why does contingent capital result in stable banks?'; 'Contingent capital in British banking'; 'Banking stability, 1800-2008' - 'pre 1826 stability' / 'stability in the contingent capital era, 1826-1958' / 'banking stability, 1958-2008'; 'Critiques of contingent capital in banking'; 'Contingent capital redux'