untraded consumer goods in an uncertain productive environment, borrowing funds from a bank in either the home or the foreign … of bank failure is partly borne by taxpayers in the banks' home countries. Moreover, each bank chooses the share of its … lending allocated between domestic and foreign firms, but the bank's overall loan volume is fixed by a capital requirement set …

This paper describes the trends in foreign bank ownership across the world and presents, for the first time, empirical … bank subsidiaries across 54 countries from 1997 to 2009, we show that the problems encountered by subsidiaries were not the …. Therefore, we assume that a multinational bank's decision to close or sell a subsidiary in another country is based mainly on …

-based measures of systemic bank shocks (SBS). These measures differ from “banking crisis” (BC) indicators employed in many empirical … studies, which are constructed using primarily information on government actions undertaken in response to bank distress … that BC indicators actually measure lagged policy responses to systemic bank shocks. We then re-examine the impact of …

How does “what managers know” affect firm performance on international markets? This question is of considerable … performance on international markets is shaped by the human factor. This paper proposes managerial mobility as an integral part of … notable impact on possibly multiple firms' internationalization. Exploiting a rich panel data set, the paper thoroughly tests …