-run business groups, domestic financial institutions, and foreign financial institutions. Using data from India in the early 1990s …

, Germany, Japan, India, Italy, the Netherlands, Sweden, the United Kingdom, and the United States. Together, the studies …

by the People's Bank of China is increasingly used as a financial rescue mechanism, with more than USD 170 billion in …

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 …

Though overall bank performance from July 2007 to December 2008 was the worst since at least the Great Depression … performance of banks during the credit crisis. More specifically, we investigate whether bank performance is related to bank …-level governance, country-level governance, country-level regulation, and bank balance sheet and profitability characteristics before …

, their ownership structures, and national bank regulations. We focus on conflicts between bank managers and owners over risk …, and show that bank risk taking varies positively with the comparative power of shareholders within the corporate … governance structure of each bank. Moreover, we show that the relation between bank risk and capital regulations, deposit …

supervisory/regulatory policies on bank valuations. Except in a few countries with very strong shareholder protection laws, banks … cash flow rights mitigate the adverse effects of weak shareholder protection laws on bank valuations. These results are …

We examine the impact of bank supervision on the financing obstacles faced by almost 5,000 corporations across 49 …. Finally, we find that bank supervisory agencies that force accurate information disclosure by banks and enhance private …

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 …