The authors develop a model in which governmental subsidies to banks produce greater benefits for banks than they cost the taxpayers. In exchange, the government dictates private-sector credit allocation to produce political benefits that exceed the cost of subsidies. As long as banks' losses...

Growth is everywhere -- Growth comes in four colors -- The competing values framework (CVF) growth strategies and the stock market -- How do you know what color your growth strategy should be? -- Organizational alignment for growth : the power of the competing values framework in aligning the...