Using a database of more than 2,000 international bank M&A deals completed between 1990 and 2007 and the unique bank regulation data collected by Barth, Caprio, and Levine (2006), we analyze the effects of bank regulations on bank's cross-border M&As around the world. Results suggest that banks...

This study uses two distinct quasi-natural experiments to examine the effect of institutional shareholders on corporate social responsibility (CSR). We first find that an exogenous increase in institutional holding caused by Russell Index reconstitutions improves portfolio firms' CSR...