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JOURNAL OF ACCOUNTING AND FINANCE
Financial Crisis and Innovation in Banking Business Model:
Are We Minding the Gap with the Reform Agenda?
Author(s): Valerio Pesic
Citation: Valerio Pesic, (2011) "Financial Crisis and Innovation in Banking Business Model: Are We Minding the Gap with the Reform Agenda?" Vol. 11, Iss. 2, pp. 177 - 193
Article Type: Research paper
Publisher: North American Business Press
Abstract:
The recent financial crisis has generated an impressive debate between practitioners and scholars about the causes and consequences of the crisis, as well as the need to promote a more resilient banking sector. By focusing the attention on the performance achieved by an international sample of banks during the period from 2005-2008, the objective of this paper is to understand if the reform agenda is going to cover the “gap” which has been revealed by 2007-2008 crisis, between the prudential supervision architecture and the real functioning of international financial system, or if any undisclosed bias is still remaining unresolved.
