change the scale of the lending channel for a large global bank by more than 30 percent … financial conglomerates. We conjecture and provide evidence that the organizational complexity of the family of a bank is a … fundamental driver of the business model of the bank itself, as reflected in the management of the bank's own balance sheet. Using …

outside directors than non- financial firms, and bank officer-directors tend to have more external board directorships than … whether those connections affect lending and borrowing behavior. Although a board linkages may reduce the costs of information …- information cost firms are also more likely to borrow from their connected bank, and when they do so the terms of the loan appear …

analysis focuses on Massachusetts, and tests whether firms with bank directors on their boards fared better following the Panic …This paper studies the role of bank affiliations in mitigating frictions related to asymmetric information. The … percent of all non-financial corporations in the state had a bank director on their board in 1872. These firms survived the …

Shareholder valuations are economically and statistically positively correlated with independent directors' power …, gauged by social network power centrality. Powerful independent directors' sudden deaths reduce shareholder value … significantly; other independent directors' deaths do not. More powerful independent directors Granger cause higher valuations; the …

stronger if the observing and penalized directors share the same professional background or gender and if the observing …What makes independent directors perform their monitoring duty? One possible reason is that they are worried about … market, we estimate the extent to which independent directors' perceptions of the likelihood of receiving a regulatory …

effects on and consequences for lending vary widely across banks. We demonstrate fundamental differences across banks without … lending patterns to domestic and foreign customers. The use of official-sector emergency liquidity facilities by global and … drivers of cross-sectional differences in lending …

studying bank-specific data on lending by domestically- and foreign-owned banks in Argentina and Mexico. We find that foreign … lending, contributing to lower overall volatility of credit. Additionally, in both countries, foreign banks show notable … similar, and lending rates analogously respond to aggregate demand fluctuations. In Mexico, foreign and domestic banks with …

This paper is a survey of the literature on boards of directors, with an emphasis on research done subsequent to the …