whether the targets in cross-border bank M&As are materially different from those banks targeted in domestic M&A deals. The …, and contrary to what one might expect, bank size does not have a different effect on the probability of being a domestic …

The objective of this study is to examine technical efficiency and productivity growth in the Indian banking sector …

and that this increase is stronger for incoming CEOs from outside the bank than for insiders. We further show that CEOs … coming from outside increase discretionary expenses during their first year in charge even if the default risk of the bank is …

This paper reconsiders the formal estimation of bank risk using the variability of the profit function. In our model …, point estimates of the variability of profits are derived from a model where this variability is endogenous to other bank …–2012q4. The findings show that bank risk was fairly stable up to 2001 and accelerated quickly thereafter up to 2007. We also …

customers, shut out of public debt markets, get bank loans through drawdowns of loan commitments. Unlike TARP under …

for firms issuing bank debt during the year of CEO turnover than for firms not issuing bank debt, and bank debt issuance … increases the likelihood of external CEO succession. The stock price reaction to CEO succession is higher when bank monitoring … for well informed, incentivized bank lenders. …

Bank payouts divert cash to shareholders, while leaving behind riskier and less liquid assets to repay debt holders in … the future. Bank payouts, therefore, constitute a type of risk-shifting that benefits equity holders at the expense of … pensions and deferred compensation) impact bank payout policy in a manner that protects debt holder interests. We show that …

We examine the effects of opacity on bank valuation and synchronicity in bank equity returns over the years 2000 … transparent assets, and taking profitability into account, have larger valuation discounts relative to transparent assets. The … 2007. The decline is coincident with a rise in bank equity share prices, decrease in transparent asset holdings by banks …