Research shows that bank competition affects general economic and banking-related outcomes, but much less is known … that bank competition significantly reduces borrowers' risk-taking. In response to bank competition, firms invest in more … R&D risk. We also find that the decline in risk-taking is concentrated in operating accruals' volatility. Bank …

We present a model where bank assets are a portfolio of risky debt claims and analyze stockholders' risk …-taking behavior while considering the strategic interaction between debtors and creditors. We find that: (1) as the leverage of a bank … demonstrates that an increase in comovement of a loan portfolio increases the bank's cost of default directly, we find that the …

bank dependency and credit constraints …

provisions estimate of banks. While bank credit risk teams are sometimes mesmerised by the short-term benefits of provisions … games, they do not care if their behaviour destroys bank value and the informativeness of loan loss provisioning estimates …. While it is not difficult for bank managers and analysts to understand that the provisioning process is subject to gaming …

the sensitivity of bank leverage to risk. Further, connected banks extract larger public subsidies by shifting risk to the …

and shifting to safer borrowers. Additionally, we find that the effect of statute enactment on bank performance is … for greater emphasis on stakeholder interests amidst the current bank regulatory and governance reforms …

-shifting and signaling motives of banks. We estimate an empirical model of bank payouts to assess the extent to which changes in … payouts are commensurate with worsening fundamentals. Controlling for fundamentals, bank dividends appear excessive in 2007 …

bank capital regulation. Using the financial crisis, we reveal that the pre-crisis RoE has a strong impact on the … of RoE. We document a sensitivity of bank CEO compensation to RoE. Our results strongly suggest that the reliance on RoE …

We examine the dynamic behavior of bank capital using a global sample of 64 countries during the 1994–2010 period …