, 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 …

This paper presents new and official survey information on bank regulations in 142 countries and makes comparisons with … two earlier surveys. The data do not suggest that countries have primarily reformed their bank regulations for the better … agencies, but existing evidence suggests that these reforms will not improve bank stability or efficiency. While some countries …