This paper shows how main bank rent extraction affects corporate decisions about investment and financing during … financial regulatory reform. Our model predicts that limited loanable funds can initially contain main bank controlled … bank debt for downside risk” bias against the banks. A stock market and real estate boom in Japan made it harder than ever …

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 …

. This paper models non-linear dynamics in banking. Small shocks can lead from an equilibrium with few bank defaults straight … hazard in bank monitoring. Our results imply trade-offs between regulators’ microprudential desire to shield individual weak … banks and the macroprudential consequences of doing so. Moreover, limiting bank reliance on wholesale funding always reduces …

by introducing a market-based capital measurement that better captures the dynamics of bank risk and returns. Evidence …

This paper investigates contagion between bank and sovereign default risk in Europe over the period 2007–2012. We … common factors, using CDS spreads at the bank and at the sovereign level. Moreover, we investigate the determinants of … contagion by analyzing bank-specific as well as country-specific variables and their interaction. Using the EBA’s disclosure of …

bank risk spread similar to the peak value during the Global Financial Crisis, the overall effect is a decline in …

a broad panel of large US bank holding companies over the period 1997–2011, we find that both board size and independent … directors decrease bank performance. Although gender diversity improves bank performance in the pre-Sarbanes-Oxley Act (SOX … other sensitivity checks including alternative proxies for bank performance. …