This paper reviews the pattern of bank failures during the financial crisis and asks whether
there was a link with corporate governance. It revisits the theory of bank governance and …

We explore the causes of the credit crunch during the European sovereign debt crisis and its
impact on the corporate policies of European firms. Our results show that value impairment …

We review a growing literature that incorporates endogenous risk premiums and risk-taking
in the conduct of monetary policy. Accommodative policy can create an intertemporal …

We study how parent liability for subsidiaries' environmental cleanup costs affects industrial
pollution and production. Our empirical setting exploits a Supreme Court decision that …

We analyze how regulatory constraints on household leverage—in the form of loan‐to‐
income and loan‐to‐value limits—affect residential mortgage credit and house prices as …

Credit supply expansion boosts housing speculation and amplifies the housing cycle. The
surge in private-label mortgage securitization in 2003 fueled a large expansion in mortgage …

What is the relationship between bank capital, the risk of a financial crisis, and its severity?
This article introduces the first comprehensive analysis of the long-run evolution of the …

Bibliography | Emerald Insight Books and journals Case studies Expert Briefings Open
Access Publish with us Advanced search Bibliography Perry Warjiyo Solikin M. Juhro …

We analyze the effect of negative monetary policy rates on banks, using detailed supervisory
information from Switzerland. For identification, we compare changes in the behavior of …

I empirically test whether firms engage in risk-shifting. Contrary to what risk-shifting theory
predicts, I find that firms reduce investment risk when they approach financial distress. To …