Purpose: The purpose of this study is to examine the relationship between corporate social responsibility (CSR) and the default risk level of firms operating in the Eurozone and how CSR can provide insurance-like protection during financial/economic downturns. Design/methodology/approach: Based...

[fre] La réglementation prudentielle n'est qu'une des composantes du contrôle bancaire ; son rôle est néanmoins crucial. Si son objectif de sécurité et de stabilité du secteur bancaire est généralement admis, le choix de ses instruments est plus controversé. Une analyse comparée de la...

This article tests the possibility and the degree of persistence of self-fulfilling banking panics through an experimental protocol. Panics are proved to be persistent phenomena that are difficult to prevent. However, it seems possible to curb them through a learning effect caused by a temporary...