This paper finds that shareholder-friendly corporate governance is positively associated with bank insolvency risk, as …-08 period. Banks are special in that "good" corporate governance increases bank insolvency risk relatively more for banks that … capital ratio. Furthermore, good corporate governance is associated with more bank risk-taking at times of rapid economic …

Using bank level measures of competition and co-dependence, we show a robust negative relationship between bank … shocks. Examining the impact of the institutional and regulatory environment on bank systemic risk shows that banking systems …

Using bank level measures of competition and co-dependence, the authors show a robust positive relationship between … bank competition and systemic stability. Whereas much of the extant literature has focused on the relationship between …