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 …

transitions and the character of insolvency resolutions have changed substantially under FDICIA. The average interval between bank … of government in the insolvency-resolution process. Consistent with an hypothesis that FDICIA has improved incentives …Using 1984-2003 data on the outcome of individual bank examinations, this paper documents that the frequency of rating …

Great Depression. The subjects of our experiment are bank stockholders. The experimental manipulation concerns the … imposition of state or federal restrictions on the contracts they write with bank creditors. We contrast stockholders that were … liquidation tied to the par value of the bank's capital. Our tests show that optimal contracting theory can provide an explanation …

During the global financial crisis, the Reserve Bank of India enacted forbearance measures that lowered capital … provisioning rates for loans under temporary liquidity stress. Matched bank-firm data reveal that troubled banks took advantage of … the policy to also shield firms facing serious solvency issues. Perversely, in industries and bank portfolios with high …

links between failures of banks and bankruptcies of firms. Our analysis indicates that bank failures triggered bankruptcies …

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