While the benefits of higher bank capital for financial stability are largely uncontested, there is a strong … disagreement on how bank capital affects shareholder value (i.e., whether higher capital is privately optimal from the perspective … of bank shareholders). In this paper, we explore institutional investors' preferences for bank capital for a sample of U …

This study examines the effect of shareholder taxes on bank risk-taking. Economic theory predicts that personal tax … tax rates are positively (negatively) associated with bank risk-taking when shareholders can (cannot) share in risk with … income taxes plays an important role in bank risk-taking …

This paper investigates the effects of ownership patterns on bank cost and profit efficiencies taking a sample of 607 … from bank-level inefficiency but also from differences related to other bank- and country-specific factors. Specifically …

In the first part, this paper aims to examine how explicit deposit insurance coverage affects bank stability using the …. In the second and third parts, this paper studies how market power and ownership structure affect bank stability. My … analysis shows that blanket and full guarantee have adverse impact to the Indonesian bank stability, as well as low explicit …

India that has both bank groups. Covering a ten-year period from 2003 to 2012 that witnessed a large number of governance … CEO duality is high. We find that a longer CEO tenure has significant positive effects on bank outcomes with these effects …

Board governance is an important aspect of internal bank governance. We conduct an empirical study on 100 banks in … China for the period from 2004 to 2017 using a time-varying growth bank shareholder network to investigate the relationship … and mechanism between bank shareholder network and board governance. The bank shareholder network is found to have a …

lender intensifies over time, borrowing firms are more likely to elect bank employees to their boards of directors, apply … information asymmetries with non-bank capital providers. Interestingly, many of the adopted governance and incentive mechanisms … are commonly thought to decrease shareholder wealth outside intense bank-firm relations. Our results highlight the …

Using hand-collected data of bank loans and CEO turnovers in China, we investigate whether common ownership compromises … creditors’ governance role when borrowers underperform. Unlike prior literature on the overall lack of bank monitoring on state …-owned enterprises (SOEs) in China, we argue that such governance inefficiency exists only among the lending relationships where the bank …