, their ownership structures, and national bank regulations. We focus on conflicts between bank managers and owners over risk …, and show that bank risk taking varies positively with the comparative power of shareholders within the corporate … governance structure of each bank. Moreover, we show that the relation between bank risk and capital regulations, deposit …

The appropriate level of bank capital and, more generally, a bank's capacity to absorb losses, has been at the core of … to avoid imposing losses on bank creditors or resorting to public recapitalizations of banks in past banking crises. The … bank credit and lending rates. Its findings broadly support the range of loss absorbency suggested by the Financial …

explain about two-thirds of the variation of bank capitalization over the business cycle. We estimate that provisioning …