We examine evidence for a systematic underperformance of Germany's state-owned banks in the current financial crisis … and study if the bank losses can be traced to the quality of bank governance. For this purpose, we examine the … are then related directly to the magnitude of bank losses in the recent financial crisis. Our data confirms that …

are even larger for cooperative banks than for public banks. -- financially distressed firms ; bank lending ; public banks …

Germany's bank-based system of internal control, ownership concentration is harmful for productivity growth. … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 …