While both size and complexity are important for the largest U.S. bank holding companies (BHCs), specific types of … complex has declined. Favorable tax treatment locations still attract a significant share of the foreign bank and nonbank …

Bank capital requirements are based on a mix of market values and book values. We investigate the effects of a policy … banking organizations. Our analysis is based on security-level data on individual bank portfolios matched to bond …

the relationship between board structure (size and composition) and bank performance, as well as some determinants of … board structure. We document that mergers and acquisitions activity influences bank board composition, and we provide new … evidence that organizational structure is significantly related to bank board size. We argue that these factors may explain why …

Recently, economists have argued that a bank’s importance within the financial system depends not only on its … individual characteristics but also on its position within the banking network. A bank is deemed to be “central” if, based on our …

This paper investigates the effect at the bank and industry level of a 1996 tax law change allowing commercial banks to … the S-corporation form of organization. Our study analyzes the effect of this conversion on bank dividend payouts. It also … examines the effect S-corporation status has on a community bank’s likelihood of sell-off and measures a firm’s sensitivity to …

This paper shows that bank competition has an intrinsically ambiguous effect on capital accumulation and economic … evidence gathered from recent empirical studies of how bank competition affects the real economy. Our results were obtained by … leads to higher capital accumulation. The opposite is true when entrepreneurs are innately of higher credit quality. -- Bank …