and study if the bank losses can be traced to the quality of bank governance. For this purpose, we examine the …" are then related directly to the magnitude of bank losses in the recent financial crisis. Our data confirms that … supervisory board (in-)competence in finance is related to losses in the financial crisis. Improved bank governance is therefore a …

Asia. Public spending and performance patterns differ hugely across countries. Asian “tigers” and some advanced countries …

the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent … long-term. In this respect, bank penalties resemble still waters that run deep. In contrast, a settlement with regulatory …

capital standards, and cost of bank equity determine credit reallocation, sectoral expansion and trade patterns …

bias in corporate taxation. It is well known that this reform reduces bank leverage. This paper analyzes a novel …