Are Sanctions Effective in Improving Bank Performance? A Study on Supervision and Administrative Sanctions Upon Italian Banks During the 1998-2009 Period

Are Sanctions Effective in Improving Bank Performance? A Study on Supervision and Administrative Sanctions Upon Italian Banks During the 1998-2009 Period

The recent financial turmoil has refuelled the debate on the effectiveness of supervision and the overall architecture for the safeguard and stability of the international financial system.

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