Fixing The Bank Disclosure/Panic Feedback Loop
Prof. Pingyang Goa, a researcher on bank panics, discusses how disclosures need to change in order to prevent the next crisis.
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Show Notes
The past several days have brought new attention to the way financial institutions communicate the health of their balance sheet and the way that investors and depositors react.
In this episode of the podcast we speak with Pingyang Gao, Area Head of Accounting and Law and Professor at Hong Kong University. Before joining HKU in 2020, Dr. Gao had been on the faculty of Chicago Booth School of Business and Yale where his research focused on public policy and securities regulation issues, with a special emphasis on the correlation of bank runs and disclosures.
Special Guest: Pingyang Gao.