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 …

bank reserves is determined by the size of the Federal Reserve’s policy initiatives and in no way reflects the initiatives …’ effects on bank lending. We also argue that a large increase in bank reserves need not be inflationary, because the payment of …. -- Bank reserves ; central bank liquidity facilities ; money multiplier …

We address two questions: (i) Are bank capital structure and value correlated in the cross section, and if so, how? (ii …) If bank capital does affect bank value, how are the components of bank value affected by capital? We first develop a … dynamic model with a dissipative cost of bank capital that is traded off against the benefits of capital: strengthened …

We investigate whether the “stress test,” the extraordinary examination of the nineteen largest U.S. bank holding … companies conducted by federal bank supervisors in 2009, produced information demanded by the market. Using standard event study … bank opacity and the value of government monitoring of banks. -- Supervisory capital assessment program ; capital gap …

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

cumulative abnormal returns (|CAR|) of stress-tested bank holding companies averages almost 3 percent. Cumulative abnormal …