We examine the effects of CEO turnover in banks. Incoming bank CEOs face problems from information asymmetry because … banks' operations are opaque and bank risk can change dramatically in a short time. Incoming bank CEOs may therefore change … bank policies to manage their personal risks. Since CEO turnover is usually endogenous, we utilize a setting where CEO …

Does bank instability push borrowers to use crowdfunding as a source of external finance? We identify stressed banks …

risk in the banking sector that affect the bank performance, as it exhibits loss probability because of the failure of … debtor to fulfill its obligations to bank. In June 2016, the level of non-performing loans in Albania appears in 24.4% of … purpose of the estimable model outlined in this section is to capture the effects of macroeconomic, bank specific factors and …

widespread stress, with adverse affects on bank intermediation thereafter. We discuss the bank capital and the bank funding … conclude by discussing the increasing extension of bank credit lines to non-bank financial intermediaries, as well as the role …

We study the transmission of bank distress to nonfinancial firms from 34 countries during the 2007-2009 financial … crisis using systemic and bank-specific shocks. We find that bank distress is associated with equity valuation losses and … weakest financial positions. Our findings suggest that public debt markets do not mitigate the effects of relationship bank …

the bank-enterprise relationship seems to be crucial in the granting of credit before the crisis of 2007, during the …

In deciding whether to roll over a loan, a relationship bank that has imperfect private information about its borrowers … relationship bank if the firm is unable to find alternative lenders. This paper explores the differential effects of this trade … the results depend on factors such as the severity of a credit crisis, the strength of the firm-bank relationship and the …

This paper aims to examine the underlying causes of the sharp reduction in bank lending, which in turn is highlighting … introduces the paper. Section 2 analyzes some drivers of the bank loans market in the current financial crisis. Section 3 … examines the increasing role of standardized bank lending practices that have enlarged the organizational and strategic …