ap- point independent directors on the board of an assisted bank that missed six dividend payments to the Treasury … – helped attenuate bailout-related moral hazard. Banks were averse to these appointments – the empirical distribution of missed … payments exhibits a sharp discontinuity at five. Director appointments by the Treasury led to improved bank performance, lower …

appoint independent directors on the board of an assisted bank that missed six dividend payments to the Treasury - helped … attenuate bailout-related moral hazard. Banks were averse to these appointments - the empirical distribution of missed payments … exhibits a sharp discontinuity at five. Director appointments by the Treasury led to improved bank performance, lower CEO pay …

This paper looks into the specific influence that the European banking union will have on (future) bank client …

We investigate whether the bank crisis management framework of the European banking union can effectively bar the … detrimental influence of national interests in cross-border bank failures. We find that both the internal governance structure and … authorities in charge of bank crisis management to operate autonomously and achieve socially optimal outcomes beyond national …

firm incentives in a post-reform financial system. -- Financial regulatory reform ; corporate governance ; bank charter … ; bank insolvency …

bank lending on firm innovation. In order to do so we combine various datasets to derive information on firms' financials …

more lax lending policies than banks, we unveil important evidence that nonbanks increased bank borrowing following the …

those investors facing losses. The anticipation of such a "bailout" distorts ex ante incentives, leading intermediaries to … incentive problem while improving financial stability. -- Bank runs ; financial regulation …