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Frame et al., 2024 - Google Patents

Financial innovation and risk: Evidence from operational losses at US banking organizations

Frame et al., 2024

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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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Snippet

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 …
Continue reading at www.clevelandfed.org (PDF) (other versions)

Classifications

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