Black, Harold A.; Cary Collins, M.; Robinson, Breck L. - In: Managerial Finance 26 (2000) 2, pp. 42-56
Outlines the US development of the “too‐big‐to‐fail” (TBTF) doctrine following the collapse of the Continental Illinois Bank, reviews relevant research and explores the impact on the efficiency of the banking system. Uses 1983‐1985 call report data, explains the methodology and...