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It is debatable whether the regulatory Sandbox contributes to financial institutions' growth. We used a panel sample of … 24 challenger banks from the UK. This study has reviewed digital banks' adoption of a regulatory sandbox to foster … financial stability. Therefore, we exploit the introduction of the Sandbox as a catalyst for digital banking and its …
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Although firms may resort to downsizing strategies to improve financial performance, the actual outcome of downsizing is inconclusive. Testing a sample of 1,357 Portuguese firms, we conclude that firms that downsize tend to continue to underperform compared to those that do not downsize.
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