An Exploration of Effectiveness in the Regulation of Federal Depository Institutions, 1989-2008: Striving for Balance (Hardcover)

An Exploration of Effectiveness in the Regulation of Federal Depository Institutions, 1989-2008: Striving for Balance Cover Image
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Description


Financial services regulators are tasked with balancing the conflicting roles of empowering and policing their regulated communities. In order to be effective, agencies must be able to accomplish both tasks. This analysis examines several determinants of effectiveness among U.S. bank regulators. Using statistical and narrative analyses, it examines factors that have contributed to the regulatory effectiveness of the National Credit Union Administration, Office of the Comptroller of the Currency, and Office of Thrift Supervision. The study focused on the relationships between regulatory ability to prevent failures and influences including agency longevity, ability to manage complexity, appointee and staff qualities, mission stability, regulatory style, and resources. Agency longevity and resources had the greatest impact on effectiveness among the cases that were examined. Additionally, this study proposes a typology that suggests that more effective regulators are able to balance information from their regulated communities with a public interest orientation. This allows them to have current information regarding emerging regulatory issues but also to avoid becoming too reliant on their supervised institutions for information. By not being overly reliant or out of touch with their regulated communities, agency can better foster regulatory resiliency.

About the Author


Mike Potter is assistant professor at Appalachian State University. He worked for the West Virginia State Legislature and the American Bankers Association. He holds a Ph.D. in Public Administration and Public Affairs from the Center for Public Administration and Policy at Virginia Tech. He has published articles in Administration & Society. His research interests include ethics and financial services policy.


Product Details
ISBN: 9780739179352
ISBN-10: 0739179357
Publisher: Lexington Books
Publication Date: September 19th, 2013
Pages: 144
Language: English