by curbing risk-taking incentives, the higher the leverage the bank is permitted to take on. Consequently, the risk …

debt and expand corporate bond issuance, thus increasing overall debt size and extending maturity. …

according to the hierarchical status of the respective market participant, and can therefore endanger sovereign debt …

unweighted leverage requirements, their differential impact on bank lending, and equity buffer accumulation in excess of …. Tighter leverage requirements, on the other hand, increase lending, preserve bank charter value and incentives to accumulate …

the risk of default outweighs the cost advantages of debt financing. In this setting, banks with lower monitoring costs …

We examine the capital market reaction to the announcement of the European Union (EU) to introduce a public tax country … extended information environment or more sustainable corporate tax strategies. In cross-sectional tests, we find that the … average investor reaction is more pronounced for firms with low effective book tax rates, indicating that reputational …

to bolster tax transparency requirements for multinational enterprises (MNEs), with the objective of reducing disparities … in international tax planning potential when compared to smaller, domestic firms. However, the efficacy of public CbCR in …