This paper reviews the pattern of bank failures during the financial crisis and asks whether there was a link with corporate governance. It revisits the theory of bank governance and suggests a multi-constituency approach that emphasizes the role of weak creditors. The empirical evidence...

We investigate how the wage distribution differs among small and large establishments in four European countries (i.e. Belgium, Ireland, Italy and Spain). To do so, we implement the Juhn, Murphy and Pierce (1993) decomposition of wages following the methodology suggested by Lemieux (2002)....

This study examines the magnitude and determinants of the establishment-size wage premium in five European countries using a unique harmonised matched employer-employee data set (the 1995 European Structure of Earnings Survey). This data set enables to test the validity of various traditional...