Title

Changes in market assessments of bank risk following the Riegle-Neal Act of 1994

Authors

Authors

A. Akhigbe;A. M. Whyte

Comments

Authors: contact us about adding a copy of your work at STARS@ucf.edu

Abbreviated Journal Title

J. Bank Financ.

Keywords

bank risk; risk shift; regulation; Riegle-Neal; interstate banking; INTERSTATE BANKING; FINANCIAL INSTITUTIONS; WEALTH; RETURNS; DIDMCA; Business, Finance; Economics

Abstract

We examine changes in bank risk following the passage of the Riegle-Neal Act of 1994 and find a significant decline in bank risk. The extent of interstate banking activity and the status of state-level interstate banking laws are important in explaining the risk reduction. Banks with assets in multiple states experience a significant reduction in risk whereas banks with assets in one state experience no significant change in risk. Banks in states with the most restrictive interstate banking provisions experience a significant decrease in risk whereas banks in states with more liberal interstate banking provisions experience a significant increase in risk. (C) 2002 Elsevier Science B.V. All rights reserved.

Journal Title

Journal of Banking & Finance

Volume

27

Issue/Number

1

Publication Date

1-1-2003

Document Type

Article

DOI Link

http://dx.doi.org/10.1016/s0378-4266(01)00208-4

Language

English

First Page

87

Last Page

102

WOS Identifier

WOS:000180076200005

ISSN

0378-4266

Recommended Citation

"Changes in market assessments of bank risk following the Riegle-Neal Act of 1994" (2003). Faculty Bibliography 2000s. 3588.
https://stars.library.ucf.edu/facultybib2000/3588