and study if the bank losses can be traced to the quality of bank governance. For this purpose, we examine the …;boardroom competencequot; 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 …

This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … guarantees in a monetary union. I assume that banks can use sovereign bonds for repurchase agreements with a common central bank … cheaply, effectively shifting the risk of some of the potential sovereign default losses on the common central bank …

This paper analyzes the effect of the removal of government guarantees on bank risk taking. We exploit the removal of …

Bank distress can have severe negative consequences for the stability of the financial system, the real economy, and … public finances. Regimes for restructuring and restoring banks financed by bank levies and fiscal backstops seek to reduce … these costs. Bank levies attempt to internalize systemic risk and increase the costs of leverage. This paper evaluates the …

Southeast Asia. In view of slowdown in growth and even recession in advanced economies as a result of the adverse impact of the … toward rising middle class of Asia. To successfully implement the new initiative of “Make in India”, India needs to be …