This paper investigates the incentives for banks to bias their internally generated risk estimates. We are able to … by low-capital banks to improve regulatory ratios. At the portfolio level, the difference in borrower probability of … credits. In addition, we find that low-capital banks’ risk estimates have less explanatory power than those of high …

financial distress, but distressed affiliated banks are more likely to receive capital injections and recover more quickly than … other banks. Moreover, the effects of affiliation are strengthened for an expanding bank holding company. However, the …

, maximize put option value - by pursuing riskier strategies. For safe banks with large charter value, however, the risk … highly risky banks. …

efficiency of the mutual agreement procedure (MAP). The MAP is included in Article 25 of the OECD Model Tax Convention and … commits countries to endeavour to resolve disputes related to the interpretation and application of tax treaties. The Action …

efficiency of the mutual agreement procedure (MAP). The MAP is included in Article 25 of the OECD Model Tax Convention and … commits countries to endeavour to resolve disputes related to the interpretation and application of tax treaties. The Action …