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Contingent convertible bonds as an alternative to strengthen banks' ability in financing a real economy

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Contingent convertible bonds as an alternative to strengthen banks' ability in financing a real economy

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dc.contributor.author Zombirt, Jolanta [SAP11018502] pl
dc.date.accessioned 2015-06-18T09:35:25Z
dc.date.available 2015-06-18T09:35:25Z
dc.date.issued 2015 pl
dc.identifier.isbn 978-83-939576-8-2 pl
dc.identifier.issn 2353-883X pl
dc.identifier.uri http://ruj.uj.edu.pl/xmlui/handle/item/9813
dc.language eng pl
dc.rights Udzielam licencji. Uznanie autorstwa - Użycie niekomercyjne - Bez utworów zależnych 3.0 Polska *
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/pl/legalcode *
dc.title Contingent convertible bonds as an alternative to strengthen banks' ability in financing a real economy pl
dc.type JournalArticle pl
dc.description.physical 135-149 pl
dc.description.additional Bibliogr. s. 148-149 pl
dc.identifier.weblink https://eber.uek.krakow.pl/index.php/eber/article/view/74 pl
dc.abstract.en The main goal of this paper is to analyse whether Contingent Convertible Bonds (CoCos) are equally safe for banks and for the real economy because of their, sometimes, uneasy to understand features. Main methods are studies of the available literature, especially recommended by Calomiris & Herring (2013) and Borio (2013). A particular attention has been paid to various models of CoCos. Findings confirm that there are still unidentified threats connected with CoCos that could jeopardize future proper functioning of a financial system and then - a real economy. Still, if not materialized, these threats will by easily outweighed by advantages for resistant balance sheets of banks. CoCos can serve as a valuable instrument to upgrade a capital base of banks. However, it is important to make some efforts to design certain standardized features to enable comparison and valuation, to avoid unintended negative consequences for banks and economy, as a whole. Negative consequences for banks could result from overreliance on this source of capital and for economy - in a form of rescue packages from taxpayers money.Studies are an attempt of a comparison of pros and cons of CoCos. Moreover, it is an attempt to present CoCos in a broader context of banking regulations. pl
dc.subject.en contingent convertible bonds pl
dc.subject.en trigger point pl
dc.subject.en loss absorption mechanism pl
dc.subject.en regulatory capital requirements pl
dc.description.volume 3 pl
dc.description.number 1 pl
dc.description.publication 1,19 pl
dc.identifier.doi 10.15678/EBER.2015.030110 pl
dc.identifier.eissn 2353-8821 pl
dc.title.journal Entrepreneurial Business and Economics Review (EBER) pl
dc.title.volume Social entrepreneurship and socio-economic development pl
dc.language.container eng pl
dc.date.accession 2015-05-22 pl
dc.affiliation Wydział Studiów Międzynarodowych i Politycznych : Instytut Europeistyki pl
dc.subtype Article pl
dc.rights.original CC-BY-ND; otwarte czasopismo; ostateczna wersja wydawcy; w momencie opublikowania; 0; pl
dc.identifier.project ROD UJ / P pl
.pointsMNiSW [2015 B]: 12


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Udzielam licencji. Uznanie autorstwa - Użycie niekomercyjne - Bez utworów zależnych 3.0 Polska Except where otherwise noted, this item's license is described as Udzielam licencji. Uznanie autorstwa - Użycie niekomercyjne - Bez utworów zależnych 3.0 Polska