the probability of financial crisis. It finds that greater tax bias is associated with significantly higher aggregate bank … leverage, and that this in turn is associated with a significantly greater chance of crisis. The implication is that tax bias …

management of banks. The results suggest that taxation influences all three variables. Leverage increases with the CIT rate in … pay-out policies around tax reforms and adjust their capital structure with changes in dividends. Furthermore, banks …This paper studies the link between corporate income tax (CIT) reforms and domestic banks’ financing decisions. We use …

level of bank capital is. We use empirical evidence on UK banks to assess costs; we use data from shocks to incomes from a … wide range of countries over a long period to assess risks to banks and how equity funding (or capital) protects against … those risks. We find that the amount of equity capital that is likely to be desirable for banks to use is very much larger …

This paper studies the impact of capital requirements, deposit insurance and franchise value on a bank’s capital … structure. We find that properly regulated banks voluntarily choose to maintain capital in excess of the minimum required …. Central to this decision is both firm franchise value and the ability of regulators to place banks in receivership stripping …

, although this pattern does not hold universally across the conditional leverage distribution. For banks, in contrast, the tax … responsive than are capital-abundant banks; the same pattern holds for the largest non-banks. Still, even the largest banks with …This paper explores whether corporate tax bias toward debt finance differs between banks and nonbanks, using a large …

level of bank capital is. We use empirical evidence on UK banks to assess costs; we use data from shocks to incomes from a … wide range of countries over a long period to assess risks to banks and how equity funding (or capital) protects against … those risks. We find that the amount of equity capital that is likely to be desirable for banks to use is very much larger …

Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a … indicators of overall bank soundness and key macroprudential indicators. Country practices and recent moves to more forward …

This simulation-based paper investigates the impact of different methods of dynamic provisioning on bank soundness and … discusses the interaction of dynamic provisioning with other macroprudential instruments such as countercyclical capital. …

stricter capital requirements for European banks set by the European Banking Authority in 2011. In the second part, we focus on … industry regularly experiences crises. Consequently, a similar impact might be expected from the Basel III new bank regulatory … crises. Moreover, we discuss implementation of new banking regulation in Europe: the Capital Requirements Directive IV and …