With imperfections, theory suggests that banks dependent on external resources have greater difficulty refinancing their lending than banks with a lot of internal resources. Hence, there is an increased risk of credit rationing to these institutions. In this context, this empirical study tests...

The structure of income is a foremost address within research on banks' perfor- mance, especially with regard to effects on the resilience of banks' earnings. Indeed, given their central position in the economy, banks shall thrive to generate sustainable earnings and control for their potential...

The French privatizations program is one of the principal programs worldwide regarding the volume of equity issues. A reading of the privatization process through the corporate governance theory resulted in the development of a model allowing to take into account, on the one hand, the temporal...

Decisions taken by the manager of a bank are subject to the regulatory discipline of the Basel Committee in conjunction with the supervisory discipline of the Board of Directors, a body that represents shareholders. This research demonstrates that the two types of discipline act in complement to...