This paper gives an overview over corporate governance and banking regulation in Germany. Particular attention is put …, some of the recommendations and suggestions made to improve corporate governance in Germany are not legally binding even … for stock corporations. Recent empirical evidence, moreover, suggests that bank shareholders pushed for greater risk …

conditional correlations between European bank stock indices. These correlations are used as an indication for the …

, precipitating a run on their short-term debt. We assess the effectiveness of different European Central Bank (ECB) interventions … potential buyer of last resort via the Outright Monetary Transaction program (OMT) significantly reduced the bank …

European banks are exposed to a substantial amount of risky sovereign debt. The "missing bank capital" resulting from …-weights. More bank capital as well as positive risk-weighting for sovereign exposures mitigates spillovers. …

In this paper, we analyse whether bank owners or bank managers were the driving force behind the risks incurred in the … manager-controlled banks. The results are robust to controlling for a wide variety of bank specific, country specific …, regulatory and legal variables. Regulation does not seem to mitigate risk taking by bank owners. We find no evidence that profit …

This paper shows that politicians' pressure to climb the career ladder increases bank risk exposure in their region …-financed programs which are mainly financed via bank loans. The stronger the performance incentive the riskier the respective local bank …

distributed between inventors and investors. As a result, bank lending for firm R&D has been rare. However, firms can signal the … potential to alter the risk assessment of the firm’s main bank. Additionally, we explore heterogeneities in these risk … assessments arising from the industry level and the main bank’s portfolio. We test our theoretical predictions for a sample of …