. Ronn and Verma (1986) call the tolerance level below which a bank closure is triggered the regulatory policy parameter. We … derive a model in which we make this parameter stochastic and bank-specific to infer the stock market view of the regulatory …, most substantial in recessions, could represent 17%, on average, of the market valuation of bank equity and could go as …

consider liquidity regulation to be binding. Bank- and country-specific characteristics also matter. Liquid balance sheets and …

of bank relationships and their banks' participation in government capital support programs. We find that government … pronounced for riskier and bank-dependent firms and those that borrow from banks that are less capitalized and smaller. Our study …

increase their capital buffers – a policy supported by national bank regulators. This paper examines whether the issuance of … CoCo bonds provides the same reduction in bank default risk as the corresponding issuance of common equity by analyzing the … conversion features come with a lower subsequent volatility of the bank asset value, but are inferior to equity in terms of their …

that the market reacts positively to NPL sales and that this reaction is more pronounced when the selling bank has better …

III targets banks, and could restrict the availability of bank debt to the sector; the Alternative Investment Fund … across the three regulations. For Basel III we find support for the regulatory burden hypothesis of the bank lending channel …

This paper attempts to investigate the impact of credit information sharing on bank-specific stock price crash risk …

If a bank is facing insolvency, it will be tempted to reject good loans and accept bad loans so as to shift risk onto … ante- and ex post-efficient type of capital infusion, regardless of whether the bank volunteers for the recapitalization …