characteristics (size, composition and functioning of the board) and analyze their impacts on bank performance and bank asset quality … positive impacts on both bank performance and asset quality while board size has a significantly negative impact on bank … performance. We find new evidence that the degree of bank boards’ political connection is negatively correlated with bank …

without previous employment at the bank compared to being an insider. Homophily based on age and gender increase the chances …

bank loans. We show that firms that have higher quality boards with a greater advisory presence borrow at lower interest … differ by covenant type. When we combine the direct and indirect costs of bank loans we find that firms with large … indicates that board quality impacts the cost of bank debt. …

presence of a chief risk officer (CRO) in a bank’s executive board and whether the CRO reports to the CEO or directly to the … board of directors, are associated with a better bank performance during the financial crisis of 2007/2008. We measure bank …

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 …