LEADER 04158nam 22006855 450 001 9910845480903321 005 20240324155228.0 010 $a9783031523113 010 $a3031523113 024 7 $a10.1007/978-3-031-52311-3 035 $a(MiAaPQ)EBC31225676 035 $a(Au-PeEL)EBL31225676 035 $a(CKB)31056858200041 035 $a(DE-He213)978-3-031-52311-3 035 $a(OCoLC)1427958308 035 $a(EXLCZ)9931056858200041 100 $a20240321d2024 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aWhy Do Banks Fail and What to Do About It $eThe Role of Risk Management, Governance, Accounting, and More /$fby Nordine Abidi, Bruno Buchetti, Samuele Crosetti, Ixart Miquel-Flores 205 $a1st ed. 2024. 210 1$aCham :$cSpringer Nature Switzerland :$cImprint: Springer,$d2024. 215 $a1 online resource (192 pages) 225 1 $aContributions to Finance and Accounting,$x2730-6046 311 08$a9783031523106 311 08$a3031523105 327 $aThe role of banking -- Risk management and banking failures -- The role of the accounting information in banking failures -- Corporate Governance and banking failures -- Banking resolution and its key concepts and tools -- Conclusion. 330 $aBanks play a crucial role in the global economy, yet they are vulnerable to failures that can have catastrophic effects. Key questions arise: What causes bank failures? What drives these failures? Can we avoid a banking crisis? What happens when a bank fails? This book explores the causes, consequences, and potential prevention of banking crises. It begins by examining the fundamental roles of banks in the economic system, focusing on their intermediary functions like liquidity provision, payment management, asset transformation, and borrower oversight. The book then delves into the challenges facing the banking sector, including cyber threats, climate change, and geopolitical instabilities. The second chapter addresses the primary risks banks face, such as liquidity, credit, market, interest rate, IT, and environmental risks, and how these contribute to banking failures. Chapter three shifts focus to financial statements, contrasting those of commercial and investment banks with non-financial companies, and discusses the impact of creative accounting in recent banking collapses. Governance issues and their role in banking failures are the focus of chapter four, highlighting the crucial need for effective risk monitoring by bank directors. The final chapter illustrates the process of bank resolution and the evolving strategies of resolution authorities in ensuring bank stability. Targeted at researchers, regulators, and practitioners, this book comprehensively covers the drivers of banking failures, regulatory improvement suggestions, and real-world case studies. It emphasizes the importance of banks in today?s economy, their unique risks, and the aftermath of their failure, aiming to provide a threefold contribution to understanding and managing banking crises. 410 0$aContributions to Finance and Accounting,$x2730-6046 606 $aFinancial risk management 606 $aCorporate governance 606 $aAccounting 606 $aCapital market 606 $aRisk Management 606 $aCorporate Governance 606 $aAccounting 606 $aCapital Markets 615 0$aFinancial risk management. 615 0$aCorporate governance. 615 0$aAccounting. 615 0$aCapital market. 615 14$aRisk Management. 615 24$aCorporate Governance. 615 24$aAccounting. 615 24$aCapital Markets. 676 $a658.155 700 $aAbidi$b Nordine$01734169 701 $aBuchetti$b Bruno$01227748 701 $aCrosetti$b Samuele$01734170 701 $aMiquel-Flores$b Ixart$01734171 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910845480903321 996 $aWhy Do Banks Fail and What to Do about It$94150809 997 $aUNINA