Although political risk in banking has received much more attention in recent years, there is
no review that synthesizes these incoherent studies and provides a comprehensive image of …

This paper analyzes the relationship between bank lobbying and supervisory decisions of
regulators and documents its moral hazard implications. Exploiting bank-level information …

Abstract Contingent Convertible (CoCo) bonds are subject to a considerable theoretical and
practical debate. This article presents a systematic literature survey from five databases …

This paper studies the effects of government guarantees on the interconnection between
banking and sovereign debt crises in a framework where both the banks and the …

Who makes our money? Ask the proverbial man or woman on the street and they will likely
tell you that it is the United States government. 1 In at least one sense, they would be …

This paper analyzes the impact of the banking system reform implemented through the
banking consolidation (mergers and acquisitions) carried out in Spain to address the …

This paper aims to explore the relationship between bank competition and zombie
companies. Using a representative micro-database of Chinese enterprises from 1998–2013 …

Banking, derivatives, and structured finance may attract the lion's share of accolades and
approbation in global finance-but payment systems are where the money is. Effective …

Purpose This study aims to examine the descriptive capabilities of efficiency, liquidity risk
and capital risk for the cross-sectional and time-series variations in banks' performance …

This study evaluates how non-performing loans and different types of board turnover—which
we link to performing directorship (natural turnover) and non-performing directorship (forced …