. At the transition point there is a jumpin risk taking, as private banks do not internalize the social costs of bank … data complementing existing evidence that financial instability is highest when bank control is capturedby small lobbies. …

significantly influencing the risk-taking attitudes of bank managers. Particularly, we intend to substantiate the theory that banks … banking sectors due to a missing ability to monitor bank managers. Our results underline that these problems appear to mislead … bank managers showing an unreasonable risk-taking behavior. In a first stage, we rely on a theoretical model explaining …

We examine the roles of bank ownership and CEO political faction membership in facilitating or hindering the … implementation of central bank policy in China. Specifically, we examine the response of China’s commercial banks to People’s Bank of … find that both bank ownership and faction membership matter. Central government-owned banks whose CEOs are members of the …