Ongoing financial innovation and greater information availability increase the tradability of bank assets and reduce … banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue … bank managers and shareholders becomes less severe. Consequently, banks' capital structure needs to be less concerned with …

anticipation of this bailout undermines a bank's private incentive to impose a bail-in. In the resulting equilibrium, bail-ins are …

financial institutions are of concern to the government and regulatory bodies. Consequently, the securitization market in China … securitization might be an effective way to protect against these risks. This paper studies the question of whether China needs a … transformation. We analyzed the determinants of securitization in the Chinese banking sector, relying on data on banks for two …

implemented unilaterally: proper bonus taxation reduces risk-taking of the taxed bank and, consequentially, rules out the …