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consider the tradeoff between the benefits of direct bank monitoring to the firm and the costs of active bank involvement in …. Consistent with high potential costs of active bank involvement, we find that bankers tend to be represented on the boards of … implications for the current bank regulatory reform debate, such as whether to permit banks to own equity in non-financial firms …
Persistent link: https://www.econbiz.de/10012471465
We test whether measures of potential influence on regulators affect stress test outcomes. The large trading banks - those most plausibly 'Too big to Fail' - face the toughest tests. In contrast, we find no evidence that either political or regulatory connections affect the tests. Stress tests...
Persistent link: https://www.econbiz.de/10012482067
. Theory offers competing hypotheses about how competition ought to influence firm entry and access to bank credit by mature …
Persistent link: https://www.econbiz.de/10012467857
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 …
Persistent link: https://www.econbiz.de/10012470021
theories of regulatory entry and exit. We focus on bank branching deregulation across the states which began a quarter century …
Persistent link: https://www.econbiz.de/10012472173
In 2011, Colombia instituted a tax on repayment of bank loans, thereby increasing the cost of short-term bank credit … firms from bank liquidity shocks …
Persistent link: https://www.econbiz.de/10012455503
Using exogenous deposit windfalls from oil and natural gas shale discoveries, we demonstrate that bank branch networks …
Persistent link: https://www.econbiz.de/10012459258