Litigation against a bank is indicative of misconduct risk because it suggests a failure to process customer complaints (EBA, 2014). This study examines the relationship between certain features of banks and potential and actual misconduct based on a panel of complaints submitted to the Italian...

We aim to investigate to what extent VCs affect the disclosure practices of investee firms through the annual reports. We jointly aim to evaluate the impact of public policy — mainly Sarbanes-Oxley Act — in the same terms. Using a sample of US firms went public within 2000-2011, we conduct...

This study documents corporate culture at the time of IPO and the relationship between corporate culture at the time of IPO and firms' financial performance. Based on a sample of 1,355 US firms that went public between 1996 and 2011 and performance information to 2016, the data indicate strong...

This paper investigates the determining factors of bank monitoring in small business lending. Unlike previous studies that have relied on proxies of a bank's monitoring effort, we use a large and unique data set that includes the number of monitoring contacts per year between a European bank and...

We examine the relationship between the tone of mandatory disclosures and bank risk insolvency to determine what this qualitative information may reveal about bank stability. By using text analysis and the context-specific text dictionaries of Loughran and McDonald, we find that qualitative...

This paper empirically investigates the relationship between interbank competition, bank orientation and credit availability for a sample of more than 30,000 loans granted by a large banking group operating in the Italian credit market. We test whether and how, during a credit crunch period,...