Peer monitoring in managing moral hazard: An exploratory study on the functioning of peer monitoring arrangements on the management of moral hazard in the Dutch social housing sector

Risk taking in the Dutch social housing sector is characterized by moral hazard. This exploratory research studies the potential of peer monitoring in managing moral hazard. In scholarly literature, peer monitoring is argued to have potential in managing moral hazard as peers, in comparison to vertical regulators, are less hampered by...

The capability of peer monitoring to manage moral hazard

This thesis is the result of an explorative research to the capabilities of peer monitoring in the banking sector, to decrease the negative effects of moral hazard. The analysis shows that peers have limited ability and willingness to regulate one another, due to the existence of a governmental regulator, a disciplinary market and the...