test_moissonnage_selune
type: Agent

Are early market indicators of financial deterioration accurate for Too Big To Fail banks? Evidence from East Asia
type: Distribution
access URL: https://unilim.hal.science/hal-00785042
format: HTML
issued: 2026-05-14T16:38:36.941593
modified: 2026-05-14T16:38:36.902359

Are early market indicators of financial deterioration accurate for Too Big To Fail banks? Evidence from East Asia
type: Dataset
contact point: Organization
  fn: CCSD
keyword: bank-failure
keyword: east-asia
keyword: shsecohumanities-and-social-scienceseconomics-and-finance
keyword: bank-risk
keyword: journal-articles
keyword: bank
keyword: infoeu-reposemanticsarticle
landing page: 1545-2921
description: This paper investigates whether market information is reliable to predict financial deterioration of large Too Big To Fail banks in Asia. A stepwise logit model is first estimated to isolate the optimal set of accounting indicators to predict rating downgrades. The model is then extended to assess the added value of market indicators and to test for the possible presence of a Too Big To Fail effect. While some results show that market indicators bring in additional information in the prediction process, there is consistent evidence of a Too Big To Fail effect.
issued: 2026-05-14T16:38:36.916473
language: en
modified: 2026-05-14T16:38:36.916479