000			02691nam a22002657a 4500
005			20250226214213.0
008			250226b |||||||| |||| 00| 0 eng d
020			_a9783031523106
082			_a332.1 _bABI
100			_aAbidi, Nordine _921235
245			_aWhy do banks fail and what to do about it: _bthe role of risk management, governance, accounting, and more
260			_bSpringer _aSwitzerland _c2024
300			_axiv, 180 p.
365			_aEURO _b139.99
490			_aContributions to Finance and Accounting
520			_aBanks play a crucial role in the global economy, yet they are vulnerable to failures that can have catastrophic effects. Key questions arise: What causes bank failures? What drives these failures? Can we avoid a banking crisis? What happens when a bank fails? This book explores the causes, consequences, and potential prevention of banking crises. It begins by examining the fundamental roles of banks in the economic system, focusing on their intermediary functions like liquidity provision, payment management, asset transformation, and borrower oversight. The book then delves into the challenges facing the banking sector, including cyber threats, climate change, and geopolitical instabilities. The second chapter addresses the primary risks banks face, such as liquidity, credit, market, interest rate, IT, and environmental risks, and how these contribute to banking failures. Chapter three shifts focus to financial statements, contrasting those of commercial and investment banks with non-financial companies, and discusses the impact of creative accounting in recent banking collapses. Governance issues and their role in banking failures are the focus of chapter four, highlighting the crucial need for effective risk monitoring by bank directors. The final chapter illustrates the process of bank resolution and the evolving strategies of resolution authorities in ensuring bank stability. Targeted at researchers, regulators, and practitioners, this book comprehensively covers the drivers of banking failures, regulatory improvement suggestions, and real-world case studies. It emphasizes the importance of banks in today’s economy, their unique risks, and the aftermath of their failure, aiming to provide a threefold contribution to understanding and managing banking crises. (https://link.springer.com/book/10.1007/978-3-031-52311-3)
650			_aBank crisis _921748
650			_aBank recovery _921749
650			_aCapital markets _97712
650			_aBank failures _96951
700			_aBuchetti, Bruno _921750
700			_aCrosetti, Samuele _921751
700			_aMiquel-Flores, Ixart _921752
942			_cBK _2ddc
999			_c8917 _d8917