Mark Flannery is the Bank of America Eminent Scholar in Finance in the Warrington College of Business. His work is focuses on corporate finance and the financial regulatory process, particularly as it applies to banks in the United States and abroad. Current research interests include the stability of “shadow banking” institutions and Islamic banking.
Areas of Expertise (7)
Government Regulation of the Financial Sector
Banks and Supervision
Media Appearances (2)
CenterState buying 2 other banks to become Florida’s largest community bank
The Ledger online
And the Winter Haven-based bank has probably not finished its buying spree, said Mark Flannery, Bank of America eminent scholar at the University of Florida and chairman of the Department of Finance, Insurance and Real Estate at the Warrington College of Business. “I don’t see any reason to think they’re done” purchasing other banks, Flannery said. “I wouldn’t be surprised to see this keep going. It sort of looks like this is their business.”
Securities and Exchange Commission Operations
Senior Securities and Exchange Commission officials testified on the hill today on what they are doing to protect investors while maintaining fair and free markets. The House Financial Services Subcommittee on Capital Markets convened the hearing. A frequent topic of discussion was the commission’s rule-making process as the Dodd Frank financial law continues to be implemented. Representative Scott Garrett chairs the subcommittee while Representative Carolyn Maloney serves as the Ranking Member.
Housing Booms and Bank GrowthSocial Science Research Network
Mark J Flannery, et al.
The rapid increase in U.S. house prices during the 2001-2006 period was accompanied by a historically rapid expansion of bank assets. This article exploits cross-regional variation in local housing booms to study how housing demand shocks affected the growth of the banking sector. This article estimates the effect of housing demand shocks. The finding was the housing boom’s large effect on bank asset growth.
Contrasting Worldviews at Bank and Securities Market RegulatorsJournal of Money, Credit and Banking
Mark J Flannery
Bank and securities regulators operate with different attitudes about the appropriate regulation of financial institutions and markets. Securities market regulators tend to presume that security markets almost always clear quickly at prices close to the asset's fundamental value. These regulators seek to assure full disclosure of information, which facilitates active securities trading. The Securities and Exchange Commission's investor protection duties are tailored to the financial sophistication of investors.
Bond Mutual Fund Flows, Fund Liquidity, and Broker-Dealer InventoriesSocial Science Research Network
Mark J Flannery
Some financial supervisors worry that liquidity transformation within the “shadow banking” sector might threaten financial stability. One protection against this possibility would be a broker-dealer sector that stands ready to stabilize prices by buying (or selling) for its own inventory. I evaluate the extent to which bond mutual funds’ flows are reflected in broker-dealers’ inventories. These results provide further information about how various types of bond mutual funds handle liquidity demands.