04527nam a22006255i 4500 978-3-031-52311-3 DE-He213 20251030111736.0 cr nn 008mamaa 240321s2024 sz | s |||| 0|eng d 9783031523113 978-3-031-52311-3 10.1007/978-3-031-52311-3 doi HD61 KJM bicssc GPQD bicssc BUS027020 bisacsh KJM thema GPQD thema Abidi, Nordine. author. aut http://id.loc.gov/vocabulary/relators/aut 73661 Why Do Banks Fail and What to Do About It [electronic resource] : The Role of Risk Management, Governance, Accounting, and More / by Nordine Abidi, Bruno Buchetti, Samuele Crosetti, Ixart Miquel-Flores. 1st ed. 2024. Cham : Springer Nature Switzerland : Imprint: Springer, 2024. XIV, 180 p. 20 illus., 12 illus. in color. online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Contributions to Finance and Accounting, 2730-6046 The 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. Banks 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. Financial risk management. 59046 Corporate governance. 57663 Accounting. 57622 Capital market. 59069 Risk Management. 59047 Corporate Governance. 57663 Accounting. 57622 Capital Markets. 70943 Buchetti, Bruno. author. aut http://id.loc.gov/vocabulary/relators/aut 73662 Crosetti, Samuele. author. aut http://id.loc.gov/vocabulary/relators/aut 73663 Miquel-Flores, Ixart. author. aut http://id.loc.gov/vocabulary/relators/aut 73664 SpringerLink (Online service) Springer Nature eBook Printed edition: 9783031523106 Printed edition: 9783031523120 Printed edition: 9783031523137 Contributions to Finance and Accounting, 2730-6046 72528 https://doi.org/10.1007/978-3-031-52311-3 ZDB-2-BUM ZDB-2-SXBM 58544 58544