Earlier studies have documented that foreign banks charge lower lending rates and interest spreads than domestic banks … demonstrate that banks differ significantly in terms of portfolio composition and we attest to the “portfolio composition … hypothesis” by showing that, having controlled for portfolio composition, there are no differences in lending rates between banks. …

owned and state-owned banks. Using a unique dataset on private small and medium-sized enterprises (SMEs) we find that an … increase in relative borrowings from local state-owned banks significantly reduces firms’ financial constraints, while there is … no such effect for privately owned banks. Improved credit availability and private information production are the main …

payouts occur through a decrease in both dividends and repurchases. Our results also hold over a subsample of TARP banks where … the interests of CEOs with those of creditors, regulators, and in the case of TARP banks, the taxpayer. …

financial performance. We also find that the voting power of bank’s controlling shareholder is positively related to the … borrower concentration. The evidence is consistent with the view that controlling shareholders divert resources away from banks …

2007. The decline is coincident with a rise in bank equity share prices, decrease in transparent asset holdings by banks …

We investigate the liquidity management of 62 Dutch banks between January 2004 and March 2010, when these banks were … subject to a liquidity regulation that is very similar to Basel III’s Liquidity Coverage Ratio (LCR). We find that most banks … the regulation. More solvent banks hold fewer liquid assets against their stock of liquid liabilities, suggesting an …

. We find that banks with long board tenure audit committees have lower total risk and idiosyncratic risk, and banks with … associated with bank risk for banks with long board tenure, more female audit committee members, or large size audit committees … than for other banks, consistent with the notion that audit committee effectiveness may increase risk management …

between 1997 and 2007. We find that acquiring banks value profitable, high-growth and low risk targets. We also find that the … banks. This result, presumably in anticipation of higher compliance costs, is driven by domestic deals. Similar qualitative …

banks in 15 countries. Banks below the ratio need to increase stable sources of funding and to reduce assets requiring … 40% of their year-end 2009 values. Universal banks with diversified funding sources and high trading assets are penalized …