This paper explores the effect of taxation on the capital structure of banks. For identification, we exploit exogenous … regional banks provided by the Bank of Italy (1998-2011). We find that IRAP rate changes do not always lead to a change in … banks' leverage: banks close to the regulatory constraints do not change their leverage when tax rates change. This holds …

businesses in banks' portfolios substantially. In this paper we evaluate to what extent the deterioration of credit quality was … weakens the balance-sheets of banks and thus their ability to provide credit …

-performing loans absorbed 2.8 per cent of banks' operating costs, a larger share than in previous years. The study found not only … differences in the systems adopted by the banks for managing non-performing loans but also differences in the amount of …

frequently written off than those to male ones, suggesting that for banks female firms might be more creditworthy than male firms …

.8 per cent of banks' operating costs, a larger share than in previous years. The study found not only differences in the … systems adopted by the banks for managing non-performing loans but also differences in the amount of information available on …