. The European Central Bank, in its capacity as supervisory authority for systemically important banks, as well as the …

In moral hazard models, bank shareholders have incentives to transfer wealth from the deposit insurer - that is … value, and a risk measure, this paper develops a semi-parametric model for estimating the critical level of bank risk at …

the Basel Committee (2010), the OECD (2010), and the European Union (2010) have proposed guidelines to improve bank … objective of bank corporate governance should be, with one group recommending a shareholder-based approach, and the other a … to the debate on bank corporate governance …

Using both bank- and country-level data on banking sectors from 70 countries over the period 1992-2006, this paper …, and changes in bank supervision on foreign bank margins. We find that foreign banks are more profitable than domestic … banks when they operate in a host country whose banking sector is less competitive and when the parent bank in the home …

This paper offers evidence that bank managers adjust key strategic variables following a risk and/or valuation signal …. Banks receive a risk signal when they have a substantially higher volatility compared to the best performing bank(s) with … similar business model characteristics, and a valuation signal when they are undervalued relative to the average bank with …

inefficiencies, as the various distortions can offset each other. Empirical analysis using bank-level data from the recent crisis …