The paper investigates how Private Equity (PE) ownership influences out-performance of a high-growth firm, and whether it differs from the effect of two other important types of financial investors: banks and non-bank financial firms. We transform the levered return on equity into a unlevered...

While the benefits of higher bank capital for financial stability are largely uncontested, there is a strong disagreement on how bank capital affects shareholder value (i.e., whether higher capital is privately optimal from the perspective of bank shareholders). In this paper, we explore...

Good governance practices enhance monitoring and therefore BASEL III has also given importance to corporate governance. The Indian regulatory body of banks, the Reserve Bank of India (RBI) has also provided a “fit and proper” framework for the selection of board. The recent scams in the...