We present new stylized facts on bank and firm leverage for 2000-2009 using extensive internationally comparable micro …-financial firm and commercial bank before the crisis, but the picture was quite different for large commercial banks in the United …) banks in emerging markets with tighter bank regulation and stronger investor protection experienced significantly less …

not group members, but nevertheless have strong ties to a main bank also invest and sell more than firms without strong … bank ties …

This paper is the first to study the effect of financial restatement on bank loan contracting. Compared with loans …

eight failed Japanese banks in order to evaluate the predictive power of the DD measure for bank failures. The DD became … smaller in anticipation of failure in many cases. The DD spread, defined as the DD of a failed bank minus the DD of sound … banks, was also a useful indicator for deterioration of a failed bank's health. For some banks, neither the DD nor the DD …

condition, and these firms continue to perform poorly after receiving additional bank financing. Troubled Japanese banks …