Little is known about how the demographic characteristics of executive teams affect
corporate governance in banking. Exploiting a unique dataset, we investigate how age …

Timothy Geithner's memoir of the financial crisis of 2007–08—Stress Test: Reflections on
Financial Crises—is an important historical document offering details of how policies were …

Banks' ratio of the market value to book value of their equity was close to 1 until the 1990s,
then more than doubled during the 1996–2007 period, and fell again to values close to 1 …

This SDN revisits the debate on bank resolution regimes, first by presenting a simple model
of bank insolvency that transparently describes the trade-off involved between bail-outs, bail …

Charter value is important in the banking industry because of its ability to reduce the moral
hazard incentives that result from government-provided deposit insurance. Previous …

We investigate how bank charter value affects risk for a sample of OECD banks by using
standalone and systemic risk measures before, during, and after the global financial crisis of …

Purpose The purpose of this paper is to identify the effect of induced capital regulatory
pressure on banks' charter value and risk-taking, and the influence of bank's charter value …

The determinants of bank risk-taking have been widely investigated, yet few studies
consider the possibility that effect of independent variables on bank risk-taking can vary …

We examine the association between the book-to-market (B/M) ratio and the subsequent
earnings and default risk of US banks in the period around the Great Recession. We find that …

In this study, we examine the disciplining effect of charter values for US insured depository
institutions during the 1995–2012 period and the impact of government bailouts on bank risk …