outside directors than non- financial firms, and bank officer-directors tend to have more external board directorships than …- information cost firms are also more likely to borrow from their connected bank, and when they do so the terms of the loan appear …

We analyze a unique database from a sample of real-world boardrooms - minutes of board meetings and board …

-level governance, country-level governance, country-level regulation, and bank balance sheet and profitability characteristics before …Though overall bank performance from July 2007 to December 2008 was the worst since at least the Great Depression …, there is significant variation in the cross-section of stock returns of large banks across the world during that period. We …

Contemporary bank governance is criticized for manager-dominated (insider) boards of directors, but from the beginning … of the nineteenth century, bank presidents appear also to have operated as chairmen of the boards of directors. However …

, and has potential to help real-world firms improve their governance …