Anginer, Deniz; Demirguc-Kunt, Asli; Huizinga, Harry; … - Economics Research, World Bank Group - 2014
proxied by the Z-score and the Merton's distance to default measure, for an international sample of banks over the 2004 …-08 period. Banks are special in that"good"corporate governance increases bank insolvency risk relatively more for banks that are … large and located in countries with sound public finances, as banks aim to exploit the financial safety net. Good corporate …