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traditional partnership replaced by public companies. The organizational change has increased the competition for managerial … talent, which may have weakened the commitment between investors and managers. We show how increased competition and the …
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traditional partnership replaced by public companies. The organizational change has increased the competition for managerial … talent, which may have weakened the commitment between investors and managers. We show how increased competition and the …
Persistent link: https://www.econbiz.de/10013073564
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public disclosure of stress test results, raise funding by promising investors a repayment. We show that competition forces … of bank failure is sufficiently large, the surplus as well. Our results in overall highlight the need to take into …
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competition exerts competitive pressure on the banking system, and hence it negatively contributes to the bank's stability. It has …The literature is unsettled on the simultaneous existence of Competition-Stability and Competition-Fragility phenomena … with 2-SLS system equation modeling to further explore linkages between competition, systemic risk, and stability …
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Biographical note: Anat Admati is the George G. C. Parker Professor of Finance and Economics at Stanford’s Graduate School of Business. She serves on the FDIC Systemic Resolution Advisory Committee and has contributed to the "Financial Times", "Bloomberg News", and the "New York Times". Martin...
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