Ehsan's Notes: “🎥 Is limited liability the best regime for banks? 🏢 Peterson Institu…”

Ehsan's Notes @ehsanmnotes · 197 subscribers

Post #702 147 Oct 6, 2023, 20:07 UTC

🎥 Is limited liability the best regime for banks?

🏢 Peterson Institute for International Economics (PIIE)

👤 Charles Goodhart (London School of Economics, Professor Emeritus)
👤 Viral Acharya (NYU Stern School of Business)

🌐 https://www.piie.com/events/limited-liability-best-regime-banks

☑️ @ehsanmnotes

PIIE Is limited liability the best regime for banks? Limiting shareholders’ liability to the amount of their equity investment, a 19th-century innovation that was generalized in the 20th century, has long been questioned for possibly encouraging excessive risk taking. Charles Goodhart and Rosa Lastra have suggested…

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