appoint independent directors on the board of an assisted bank that missed six dividend payments to the Treasury - helped … exhibits a sharp discontinuity at five. Director appointments by the Treasury led to improved bank performance, lower CEO pay …

ap- point independent directors on the board of an assisted bank that missed six dividend payments to the Treasury … payments exhibits a sharp discontinuity at five. Director appointments by the Treasury led to improved bank performance, lower …

We address two questions: (i) Are bank capital structure and value correlated in the cross section, and if so, how? (ii …) If bank capital does affect bank value, how are the components of bank value affected by capital? We first develop a … dynamic model with a dissipative cost of bank capital that is traded off against the benefits of capital: strengthened …

-evolution is generated by two elements missing in previous analyses of financial system architecture: securitization and bank … satisfy endogenously-arising risk-sensitive capital requirements. Bank evolution is thus stimulated as banks consequently …