We examine evidence for a systematic underperformance of Germany's state-owned banks in the current financial crisis … and study if the bank losses can be traced to the quality of bank governance. For this purpose, we examine the … are then related directly to the magnitude of bank losses in the recent financial crisis. Our data confirms that …

We examine evidence for a systematic underperformance of Germany's state-owned banks in the current financial crisis … and study if the bank losses can be traced to the quality of bank governance. For this purpose, we examine the …" are then related directly to the magnitude of bank losses in the recent financial crisis. Our data confirms that …

competition, of which the most common are the concentration ratio and the Herfindahl-Hirschman index. It is important to emphasize … that when calculating the value of these indices, the National Bank of Serbia most often uses the absolute value of assets … competition. Although market changes are reflected in a reduced number of banks while a change in the dispersion of market shares …

are even larger for cooperative banks than for public banks. -- financially distressed firms ; bank lending ; public banks …