
Admati
Anat R. Admati
Financial economist of market information, bank capital, and corporate accountability
Official Source Note
Stanford Graduate School of Business lists Admati as George G.C. Parker Professor of Finance and Economics and describes her work on financial-market information, corporate governance, banking, financial regulation, and corporate accountability.
Admati is included because her research and policy work expose the incentive conflicts behind bank leverage and connect financial regulation to broader questions of corporate power, governance, and institutional accountability.
Relevance to the Archive
Admati connects corporate-finance theory to prudential law by clarifying why private incentives can favor excessive leverage and why claims about the social cost of bank equity require institutional scrutiny.
Representative Contributions
- A Theory of Intraday Patterns (with Paul Pfleiderer, 1988)
- The Bankers' New Clothes (with Martin Hellwig, 2013)
- The Leverage Ratchet Effect (with coauthors, 2018)
Works Included Here
2013
Advanced
The Bankers' New Clothes: What's Wrong with Banking and What to Do about It
Anat Admati and Martin Hellwig
Princeton University Press
