By employing a novel, hand-collected sample of withdrawn and completed share-issue privatizations (SIPs) we show that both groups undergo comparable restructuring processes over the three years preceding the event. We employ matching procedures to explicitly control for the identified...

Measuring company culture in four types (collaborate, control, compete, and create) using 10-K text, we examine the role of culture in firm stability. We find that firms with higher controlling culture fared significantly better during the 2008-09 crisis. The results are robust to using...

This book examines new issues in financial markets and institutions raised by the global economic crisis that began in 2007. The four main themes are: management, innovation and technology in banking; efficiency and productivity; consolidation; and corporate governance issues