{"product_id":"2405460","title":"Market Discipline in Banking: Theory and Evidence","description":"Effective banking regulation relies on the concept of market discipline, where stakeholders closely monitor bank performance to ensure sound financial practices. This discipline hinges on the existence of \"de-facto at-risk\" stakeholders who have a vested interest in monitoring bank performance. Research emphasizes the importance of market discipline in guaranteeing the safe and efficient operation of the banking system. By favoring sound banks, investors play a crucial role in maintaining market discipline. A systematic review of existing studies reveals a model that underlines the key components of market discipline in banking. This concept is essential for promoting effective banking regulation and fostering a healthy banking environment.","brand":"Chalkys.com","offers":[{"title":"Default Title","offer_id":54688897761665,"sku":"2405460","price":129.48,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0056\/8043\/1219\/files\/31EsQcof5PL.jpg?v=1756813527","url":"https:\/\/chalkys.com\/products\/2405460","provider":"Chalkys.com","version":"1.0","type":"link"}