financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance … ; executives ; risk taking ; age ; gender ; education …. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of …

highlight an opposite effect: higher profitability loosens bank borrowing constraints. This enables profitable banks to take …Traditional theory suggests that higher bank profitability (or franchise value) dissuades bank risk-taking. We … risk on a larger scale, inducing risk-taking. This effect is more pronounced when bank leverage constraints are looser, or …

Using a unique data set on German banks' sector specific loan exposures to the real economy and the corresponding write … risk factors, we separate the bank-specific selection and monitoring abilities from the composition of the loan portfolio …. In our empirical study for the period 2003-2011, we find that (a) banks which are specialized in certain industries have …

individual asset holding data of German banks. I find that those banks operating with tight regulatory constraints pick the … selection allows banks to increase the return on the capital required for an ABS investment by a factor of four. …

investments of banks at the security level for 2005-2012 in conjunction with the credit register from Germany. Analyzing data at … the security level for each bank in each period, we find that during the crisis, banks with higher trading expertise …We analyze securities trading by banks and the associated spillovers to the supply of credit.Empirical analysis has …

which managers could become entrenched, they already bear a large proportion of the costs and have therefore an incentive to …