In recent years there has been a resurgence of interest in the impact of institutions on economic growth and …

-in-difference approach, we also reveal that those reforms mediate the impact of institutions on banks. If countries have a corporate …This paper sheds new light on how African countries’ legal systems and institutions influence the governance and … stability of their banks. We find that institutional factors, in particular the legal family of origin, political stability …

costs of state ownership and new insight into the corporate governance role of country-level institutions. Consistent with …. Moreover, we find that the strength of country-level institutions affects the relation between state ownership and the value of … with weaker institutions …

-in-difference approach, we also reveal that those reforms mediate the impact of institutions on banks. If countries have a corporate …This paper sheds new light on how African countries' legal systems and institutions influence the governance and … stability of their banks. We find that institutional factors, in particular the legal family of origin, political stability …

We undertook an institutional analysis of commercial banks in Russia. After the failed experiment with private … institutions, performing two various sets of functions: those of regular commercial banks and of policy banks. We found a similar … financial intermediation in the 1990s, Russia migrated towards a banking system consisting of three — rather than two — tiers …