Frame et al., 2024 - Google Patents
Financial innovation and risk: Evidence from operational losses at US banking organizationsFrame et al., 2024
View PDF- Document ID
- 14988479821611455355
- Author
- Frame W
- McLemore P
- Mihov A
- Publication year
- Publication venue
- Recuperado de https://www. clevelandfed. org/-/media/project/clevelandfedtenant/clevelandfedsite/events/financial-stability-conferences/papers/mihov-paper. pdf
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This study documents that financial innovation is associated with adverse operational risk externalities. Using supervisory data on operational losses from large US bank holding companies (BHCs), we show that organizations with more financial patent innovation suffer …
- 238000005516 engineering process 0 abstract description 29
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