金融监管中的激励冲突与调整
5447 
1986
财经研究 2004 年 第 30 卷第 01 期, 页码：52 - 62
摘要
参考文献
摘要
对于金融监管失灵的原因存在着多种解释。本文的研究表明,当前金融监管安排在信息不对称条件下出现的多层激励冲突是形成监管失灵的主要原因,而不仅仅是金融机构的道德风险或者监管当局的宽容及决策失误所造成的。因而纠正监管失灵的关键是通过监管的透明度建设及相应的制度安排,解决金融监管中多层委托代理中的激励冲突问题,形成金融监管的激励相容机制。
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[3] 蒋海,温思美.制度变迁中的金融博弈与金融风险转嫁[J].金融研究,1998,(9) .
[4] 蒋海,钟琛,齐洁.对金融监管理论基础及其政策的反思[J].经济科学,2002,(4) .
[5] 蒋海,刘少波.金融监管理论及其新进展[J].经济评论,2003,(1) .
[6] 蒋海.论弹性监管与金融效率[J].财经研究,2001,(9) .
[7] 王亮.“新巴塞尔协议”框架下对中国国有商业银行充足率水平的影响[J].统计研究,2003,(1) .
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[12] Ang James & , Beni Lauterbach, Ben Z. Schreiber. Internal monitoring, regulation,and compensation of top executives in banks[J]. International Review of Economics andFinance, Vol. 10, 2001: 325-335．
[13] Boot, A. W. ,Thakor, Anjan. Self interested bank regulation[J]. American EconomicReview, Vol. 83, 1993: 206-213．
[14] Campbell, T. ,Chan, Y. S. , Marino, A. An incentive based theory of bank regulation[J]. Journal of Financial Intermediation. Vol.2, 1992: 255-276．
[15] Crawford A. J. , Ezzell J. R. .Miles J. A. Bank CEO pay performance relations andthe effects of deregulation[J]. Journal of Business Vol. 68, 1995: 231-256．
[16] Danielsson Jon, B. N. Jorgensen, Casper G. de Vries. Incentive for effective riskmanagement[J]. Journal of Banking and Finance. Vol.26, 2002: 1407-1425．
[17] Hellmann, T. F. , K. Murdock, J. Stiglitz. Liberalization, moral hazard in banking,and prudential regulation: are capital requirement enough? [J]. American EconomicReview, Vol. 90, 2000: 147-165．
[18] Hubbard R. G. , Palia D. Executive pay and performance evidence from the US banking industry[J]. Journal of Financial Economics, Vol. 39, 1995: 105-130．
[19] John Kose, Anthony Saunders and Lemma W. S A theory of bank regulation andmanagement compensation[J]. The Review of Financial Studies, Spring Vol. 13,2000: 95-125．
[20] Kane, E J. Making bank risk shifting more transparent[J]. Pacific-Basin FinanceJournal,. Vol. 5, 1997:143-156．
[21] Kane, E. J. Using deferred compensation to strengthen the ethics of financial regula-tion[J]. Journal of Banking and Finance, Vol.26, 2002: 1919-1933．
[22] Kaufman, G. G. Bank failures, systemic risk, and bank regulation[J]. CATO, Vol. 16, 1996: 17-45．
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[26] Spierings, R. Reflections on the regulation of financial intermediaries[J]. Kyklos, Vol. 43, 1990: 91-109．
[27] Stigler, G. J. The theory of economic regulation[J]. The Bell Journal of Economics and Management, Vol. 2, 1971:3-21．
[28] Tsuji Kenji. Bank capital regulation, diversification loss and the probability of bank fatlur[J]. Japan and World Economy. Vol.11, 1999: 485-495．
引用本文
蒋海. 金融监管中的激励冲突与调整[J]. 财经研究, 2004, 30(1): 52–62.
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