01940cas a2200265 a 4500 AALejournalIMF003021 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451851311 1018-5941 BD-DhAAL BD-DhAAL Das, Udaibir. Does Regulatory Governance Matter for Financial System Stability? : An Empirical Analysis / Udaibir Das, Marc Quintyn, Kina Chenard. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (43 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper provides empirical evidence that the quality of regulatory governance-governance practices adopted by financial system regulators and supervisors-matters for financial system soundness. The paper constructs indices of financial system soundness and regulatory governance, based on country data collected from the Financial Sector Assessment Program (FSAP). Regression results indicate that regulatory governance has a significant influence on financial system soundness, along with variables reflecting macroeconomic conditions, the structure of the banking system, and the quality of political institutions and public sector governance. The results also indicate that good public sector governance amplifies the impact of regulatory governance on financial system soundness. Mode of access: Internet Chenard, Kina. Quintyn, Marc. IMF Working Papers; Working Paper ; No. 2004/089 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/089/001.2004.issue-089-en.xml IMF e-Library