Political connections and depositor discipline

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dc.contributor Bank of Finland
dc.contributor.author Disli, Mustafa
dc.contributor.author Schoors, Koen
dc.contributor.author Meir, Jos
dc.date.accessioned 2014-09-22T08:00:19Z
dc.date.available 2014-09-22T08:00:19Z
dc.date.issued 2013
dc.identifier.isbn 978-952-6699-05-9
dc.identifier.issn 1456-5889
dc.identifier.uri https://helda.helsinki.fi/bof/handle/123456789/8164
dc.description.abstract We examine the effects of political connections on depositor discipline in a sample of Turkish banks. Banks with former members of parliament at the helm enjoy reduced depositor discipline, especially if the former politician's party is currently in power - less so if the former politician served as a minister. Banks with structural problems are more likely to appoint former politicians, but our results remain robust after controlling for selection effects. Ministers may reduce depositor discipline less because they signal severe problems and because the additional government deposits they bring to the bank during their term tend to leave with them. Keywords: Depositor discipline, political connections, banks JEL: G1, G2, D7
dc.format.extent 42 s.
dc.language.iso eng
dc.relation.ispartofseries BOFIT Discussion Papers
dc.rights https://helda.helsinki.fi/bof/copyright
dc.subject Turkki
dc.subject politiikka
dc.subject vaikutukset
dc.subject talletukset
dc.subject pankkitoiminta
dc.subject talletussuoja
dc.subject SP
dc.subject RP
dc.subject RP ST
dc.subject Bofit-kokoelma
dc.title Political connections and depositor discipline
dc.type Sarjajulkaisu
dc.identifier.urn URN:NBN:fi:bof-201408072148
dc.series.name BOFIT Discussion Papers
dc.series.year 2013
dc.series.number 6/2013
dc.series.sortingnumber 6
dc.date.publication 23.4.2013
dc.identifier.doi 10.1016/j.jfs.2013.04.005
dc.contributor.orgunit Institute for Economies in Transition (BOFIT)
dc.description.publication Published in Journal of Financial Stability, Vol. 9, No. 4, 2013, Pages 804–819

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