equilibrium when banks have monopoly power, justifying a Pigouvian tax in this case. …

The aim of this paper is to investigate the long run relationship between the development of banks and stock markets … as evidence supporting the significance of financial development for economic development although banks and stock …

differences in financial factors, which may reflect differences in country risk and the legal and regulatory framework that banks …

The current financial crisis has sparked intense debate about how weak banks should be resolved. Despite international …

This paper investigates the benefits of banks’ direct investment in foreign subsidiaries and branches for non …-financial multinationals. The paper builds on the literature on international banks which has primarily focused on the implications for host … the volume of FDI by home market banks boosts FDI by non-financial firms from the same home market. Domestic and third …

We document that trust in public institutions—and particularly trust in banks, business and government—has declined …

Parliament) and aristocratic titles (e.g., lords)--on the boards of directors of English and Welsh banks from 1879-1909 to … corroborates this finding, showing that a bank’s shares exhibited negative abnormal returns when their directors were elected to …

incentive pay in the critical banking segments of treasury/capital market management and investment banking for 66 banks. We …

bank. Using a dynamic panel model estimated by GMM for a mixed sample of more than 1500 banks from 65 countries, we find no …, our results show that the growth and profitability dynamics of banks based in OECD countries differ from those of banks in …