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Persistent link: https://www.econbiz.de/10009747213
Government support to banks through the provision of explicit or implicit guarantees affects the willingness of banks to take on risk by reducing market discipline or by increasing charter value. We use an international sample of bank data and government support to banks for the periods...
Persistent link: https://www.econbiz.de/10014395222
This paper explores insolvency and debt recovery procedures, and political, legal, and institutional factors … structures and the depth of recessions across economies. Second, aspects of insolvency procedures favoring rehabilitation of …
Persistent link: https://www.econbiz.de/10014400638