Fair value accounting

key issues arising from the financial crisis

The 2008 financial crisis has turned a spotlight on the role of financial reporting in periods of economic downturn. In analysing the financial crisis, many commentators have attributed blame to fair value accounting (FVA) because of the pro-cyclical effect it potentially introduces in banks' financial ...

Consolidation in the european financial industry

Eds. Roberto Bottiglia, Elisabetta Gualandri, Gian Nereo Mazzocco. This book examines the consolidation process that has taken place within the financial system of the European Union. One distinctive feature of this process in the case of Europe is the growing number of cross-border and cross-sector ...

The evolution of nordic finance

From the establishment of the first financial institutions to the latest bank rescues, this book traces the origins, development, regulation, and trajectory of the framework for capital market institutions and activities in the Nordic region. This evolution is examined from a broader comparative perspective, in ...

The myth of too big to fail

'Too big to fail' has become a household expression. Governments the world over have insisted that taxpayers need to bailout failing financial institutions on the grounds that not doing so would induce a crisis of even greater scale in the entire economic system. But is ...

Risk tolerance in financial decision making

Eds. Caterina Lucarelli, Gionni Brighetti. Economics, psychology, and neuroscience have converged into a single field under the label of neuroeconomics, aimed to employ recent neuroscientific methods in order to analyze economically relevant brain processes. This innovative field has repeatedly revealed deviations from the classical theory ...

The UK banking system and its regulatory and supervisory framework

This book is a comprehensive analysis of the UK banking system and its regulation in a globally integrated environment.The UK banking and financial sectors are considered through a multidisciplinary approach, where historical, institutional, economic and regulatory factors are considered in a simple yet rigorous ...