Purpose The purpose of this paper is to explore the relationship between corporate
governance and risk-taking behaviour of banks operating in the Middle East and North …

Empirical evidence suggests that managerial overconfidence and government guarantees
contribute substantially to excessive risk-taking in the banking industry. This paper …

Several countries have recently introduced national capital standards exceeding the
internationally coordinated Basel III rules, which is inconsistent with the 'race to the bottom'in …

Several countries have recently introduced national capital standards exceeding the
internationally coordinated Basel III rules, which is inconsistent with the'race to the bottom'in …

We analyze the competition in bonus taxation when banks compensate their managers by
means of fixed and incentive pay and bankers are internationally mobile. Banks choose …

A core question regarding the increasing share of international trade in financial services is
whether this causes banks to take more or fewer risks. We study this issue in a setting where …

Did policy interventions contribute to the gradual segmentation of lending markets starting
with the 2007-2008 global financial crisis? We investigate this question in an international …

We model a banking union of two countries whose banking sectors differ in their average
probability of failure and externalities between the two countries arise from cross-border …

The European financial regulation is evolving with new and specific forms of cooperation for
the member states, enhancing concepts and innovative rule of law, particularly featuring the …

Empirical evidence suggests that managerial overconfidence and government guarantees
contribute substantially to excessive risk-taking in the banking industry. This paper …