stability of their banks. We find that institutional factors, in particular the legal family of origin, political stability …-in-difference approach, we also reveal that those reforms mediate the impact of institutions on banks. If countries have a corporate … governance reform in place their banks show better internal governance and higher stability. …

This paper focuses on the identification of the causal relationship between central banks' supervisory guidance and … banks comply with their central bank's corporate governance recommendations. Specifically, we exploit the fact that there is … protection promote provision of supervisory guidance. If a central bank has published supervisory guidance, local banks show …

stability of their banks. We find that institutional factors, in particular the legal family of origin, political stability …-in-difference approach, we also reveal that those reforms mediate the impact of institutions on banks. If countries have a corporate … governance reform in place their banks show better internal governance and higher stability. …

We argue that a financial transaction tax complements financial market regulation. With the tax, governments have an …

We argue that a financial transaction tax complements financial market regulation. With the tax, governments have an …

significant differences between the investors which are linked to banks and those financiers which are not. Although, the bank …