Zombie lending: Theoretical, international, and historical perspectives

VV Acharya, M Crosignani, T Eisert… - Annual Review of …, 2022‏ - annualreviews.org
This article surveys the theory on zombie lending incentives and the consequences of
zombie lending for the real economy. It also offers a historical perspective by reviewing the …

Using market information in prudential bank supervision: A review of the US empirical evidence

MJ Flannery - Journal of money, credit and banking, 1998‏ - JSTOR
In principle, market and government supervision provide alternative devices for controlling
(governing) any type of corporation. Most national governments have instituted nonmarket …

Banking on deposits: Maturity transformation without interest rate risk

I Drechsler, A Savov, P Schnabl - The Journal of Finance, 2021‏ - Wiley Online Library
We show that maturity transformation does not expose banks to interest rate risk—it hedges
it. The reason is the deposit franchise, which allows banks to pay deposit rates that are low …

Credit risk in two institutional regimes: Spanish commercial and savings banks

V Salas, J Saurina - Journal of financial services research, 2002‏ - Springer
Although credit risk is an important factor that financial institutions must cope with, the
determinants of bank problem loans have been little studied. Using panel data, we compare …

[كتاب][B] Rethinking bank regulation: Till angels govern

JR Barth, G Caprio, R Levine - 2008‏ - books.google.com
This volume assembles and presents a database on bank regulation in over 150 countries
(included also on CD). It offered the first comprehensive cross-country assessment of the …

Modeling the dynamics of strategic fit: A normative approach to strategic change

EJ Zajac, MS Kraatz… - Strategic management …, 2000‏ - Wiley Online Library
This study develops and tests a dynamic perspective on strategic fit. Drawing from
contingency and resource‐based arguments in the strategy and organizational theory …

Fallacies, irrelevant facts, and myths in the discussion of capital regulation: Why bank equity is not expensive

AR Admati, PM DeMarzo, M Hellwig, P Pfleiderer - 2010‏ - econstor.eu
We examine the pervasive view that equity is expensive which leads to claims that high
capital requirements are costly and would affect credit markets adversely. We find that …

The response of corporate financing and investment to changes in the supply of credit

M Lemmon, MR Roberts - Journal of Financial and quantitative …, 2010‏ - cambridge.org
We examine how shocks to the supply of credit impact corporate financing and investment
using the collapse of Drexel Burnham Lambert, Inc.; the passage of the Financial Institutions …

[كتاب][B] The antitrust paradigm: restoring a competitive economy

JB Baker - 2019‏ - books.google.com
A new and urgently needed guide to making the American economy more competitive at a
time when tech giants have amassed vast market power. The US economy is growing less …

Looting: The economic underworld of bankruptcy for profit

GA Akerlof, PM Romer, RE Hall, NG Mankiw - Brookings papers on …, 1993‏ - JSTOR
DURING THE 1980s, a number of unusual financial crises occurred. In Chile, for example,
the financial sector collapsed, leaving the government with responsibility for extensive …