How does bank distress impact their customers' probability of default and trade credit availability? We address this … question by looking at a unique sample of German firms from 2000 to 2011. We follow their firm-bank relationships through times … of distress and crisis, featuring the different transmission of bank distress shocks into already weakened firm balance …

How does bank distress impact their customers' probability of default and trade credit availability? We address this … question by looking at a unique sample of German firms from 2000 to 2011. We follow their firm-bank relationships through times … of distress and crisis, featuring the different transmission of bank distress shocks into already weakened firm balance …

for stock corporations. Recent empirical evidence, moreover, suggests that bank shareholders pushed for greater risk …-taking and not managers. This contrast with public view that the bank managers are pushed by aggressive remunerations schemes to …

management. Politicians may also be less educated and experienced to fulfil their role as monitor of bank managers. This …, suggests that shareholders pushed for greater risk-taking and not managers. This contrast with public view that the bank …

. Furthermore, some of these fi ndings strongly depend on the bank’s legal form, its size and business model, suggesting that both …

experiment to examine the effect of government guarantees on bank risk taking, using a large data set of matched bank …