This paper analyzes whether the financial distress of a firm affects the investment decisions of non …-distressed competitors. On average, firms in distress impose indirect costs to non-distressed competitors by increasing costs of credit in …

In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences … through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the … interpreted as a call for an outright ban of lobbying, they point in the direction of a need for rethinking the framework …

The article describes how various industries follow different lobbying strategies to exempt or privilege themselves … from the general insolvency risk in individual jurisdictions …