Browsing Research Output by Author "ebf2971a-c6b2-4fec-a704-620421c5e13b"
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Banking regulations: an examination of the failure of African Bank using Merton’s structural model
Sanderson, Leon B.; De Jongh, Dawie C.J.; Maré, Eben (AOSIS, 2017)The business of banking involves the taking of deposits and the making of loans. Banking balance sheets are typically highly leveraged, with equity capital generally dwarfed by debt capital. Banks are ...