Efficiency Evaluation and Emission Abatement Cost Estimation of China’s Major Industry Sectors -- Chapter 9: Allocation Mode and … Efficiency of China’s Carbon and Sulphur Emissions -- Chapter 10: Context-dependent Total-factor Energy Efficiency in Chinese … Regions -- Chapter 11: “Guanxi” Investment, Corruption and Technical Efficiency: Evidence from Chinese Private Enterprises …

are regulated, including the need to obtain a charter to operate and explicit and implicit federal guarantees of bank … liabilities to reduce the probability of bank runs. These aspects of banking affect a bankś choice of risk vs. expected return …, which, in turn, affects bank performance. Banks have an incentive to reduce risk to protect the valuable charter from …