In moral hazard models, bank shareholders have incentives to transfer wealth from the deposit insurer - that is … value, and a risk measure, this paper develops a semi-parametric model for estimating the critical level of bank risk at … despite the difficult financial environment, shareholders' risk-taking incentive was confined primarily to a small fraction of …

This study analyzes the effect that banks' investments in corporate social responsibility (CSR) have on bank …. Separating bank CSR activities into internally focused and externally focused ones provides evidence on how different … constituents value bank CSR activities. I find that CSR-related value creation is primarily a result of banks' external investments …

primary mechanisms through which shareholders participate in corporate governance and "voice" their opinions to company …-in-differences design, and a sample of 596 banks (17,783 bank-year proposals), we are the first to provide large-sample, systematic evidence … competition among U.S. banks induces more shareholders to vote against management proposals. …

firm incentives in a post-reform financial system. -- Financial regulatory reform ; corporate governance ; bank charter … ; bank insolvency …