specification), as well as relevant policy measures (governance reforms, bank capital requirements, capital controls, and the role …

In this paper, we analyse whether bank owners or bank managers were the driving force behind the risks incurred in the … manager-controlled banks. The results are robust to controlling for a wide variety of bank specific, country specific …, regulatory and legal variables. Regulation does not seem to mitigate risk taking by bank owners. We find no evidence that profit …

In this paper, we analyse whether bank owners or bank managers were the driving force behind the risks incurred in the … manager-controlled banks. The results are robust to controlling for a wide variety of bank specific, country specific …, regulatory and legal variables. Regulation does not seem to mitigate risk taking by bank owners. We find no evidence that profit …

This paper examines the international credit portfolios of German banks. We construct a bank-country panel from a … unique dataset for a representative set of countries and ask why banks leave diversification opportunities unexploited in … some countries. Controlling for bank heterogeneity, we analyse the deviations of actual portfolios from a mean …

of credit are significant and persistent for bad loans to firms, but not for bad loans to households or in the case of … Cooperative Credit Banks, who adopt more efficient lending policies. …

bank lending and risk-taking channels of monetary policy by exploiting – Italian's unique – credit and security registers …. In crisis times, with higher ECB liquidity, less capitalized banks react by increasing securities over credit supply …-crisis time, securities do not crowd-out credit supply. The substitution from lending to securities in crisis times helps less …

In this paper, we analyse whether bank owners or bank managers were the driving force behind the risks incurred in the … manager-controlled banks. The results are robust to controlling for a wide variety of bank specific, country specific …, regulatory and legal variables. Regulation does not seem to mitigate risk taking by bank owners. We find no evidence that profit …