This study investigates the relationship between local culture, as measured by religiosity, and dividend payouts based on a sample of 155 Italian firms over the period 2000-2016, yielding 2,382 firm-year observations. We find a significantly positive relationship between religiosity and dividend...

This paper is the first paper to provide a comprehensive review of the US regulatory treatment of a relatively recent and controversial source of funds, namely brokered deposits. To do this, we consider the extent to which banks rely on brokered deposits, as well as the impact of these funds on...

Purpose: This paper aims to construct a measure of integration among global banks and examine its impact on bank insolvencies and bank crises. Design/methodology/approach: The authors apply principal component analysis to measure a bank’s degree of integration to the global banking market....