The issue of bank dividend regulation has become highly controversial as the stress induced on bank capital during the … 2008 financial crisis and the covid pandemic created a demand for enhanced regulation and restrictions on bank dividend … stockholders and depositors, and to preserve the long-term solvency of the bank. Overall our study results show that despite an …

laboratory to examine the benefits and costs of different approaches to the three “legs” of European bank union, i …

laboratory to examine the benefits and costs of different approaches to the three "legs" of European bank union, i …

left-tail risk protection, conditional on a crisis, fully explains this Big−Small bank equity premium “fee” paid in normal … the big bank equity return discount in non- crisis times. Over several economic cycles, there is no abnormal Big …−Small bank equity premium and bailout insurance is fairly priced for equityholders in that there is no difference between big and …

We study lottery behavior in banking stocks and use MAX/MIN to capture loss protection from bank bailout guarantees. We … find that bank lottery preferences lead to lower short-term returns and that regulatory TARP assistance increases the … likelihood of bank lotteryness and risk taking. Lottery-type bank equities are riskier after TARP and exhibit fatter right to …

concentrating their lending disproportionately into one industry. This specialization improves a bank’s industry-specific knowledge … and, ultimately, bank performance. Banks concentrate more on their primary industry in times of instability and relatively …