the expense of deteriorating bank profits and excessive risk-taking. Both the quantitative effects and dynamic reactions … analyze the dynamic relations between efficiency and performance in the German banking market. To this end we use panel data …

We test whether limited market discipline imposes exit barriers and poor profitability in banking. We exploit an … governmen-owned bank mergers. We compare forced to voluntary bank exits and show that the former cause better bank profitability … borrow more at lower cost, increase investment, and exhibit higher employment. Thus, reduced exit frictions in banking seem …

different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal … demand system, we estimate input and profit demand functions to obtain proxies for expected return and risk. Efficiency is … then measured in this risk-return space. Mean risk-return efficiency is somewhat higher than cost and considerably higher …

different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal … demand system, we estimate input and profit demand functions to obtain proxies for expected return and risk. Efficiency is … then measured in this risk-return space. Mean risk-return efficiency is somewhat higher than cost and considerably higher …

probabilities on risk taking using exclusion restrictions based on regional political, supervisor, and banking market traits. The …To test if safety nets create moral hazard in the banking industry, we develop a simultaneous structural two …-equations model that specifies the probability of a bailout and banks' risk taking.We identify the effect of expected bailout …

Information management is a core process in banking that can resolve information asymmetries and thereby help to …

outcomes in banking. We test if these factors increase the probability that the appointee to an executive board is an outsider … educational backgrounds affect tenure differently across the banking sectors. Maintaining more contacts to the executive board … reduces tenure. We also find weak evidence that social ties are associated with reduced profitability, consistent with …

others. We exploit a unique sample to analyze how similarities and social ties affect career outcomes in banking based on age … effects, we find weak evidence that social ties are associated with reduced profitability. …

the German banking market. Market power generally spurs aggregate SME growth. Banks need to realize sufficient margins to …