Past papers show that public bailouts increase the moral hazard of rescued banks. What happens to other banks in the banking sector? Using a hand-collected dataset of European banks from 2007 to 2017 and adopting a dynamic difference-in-differences approach, we document that public bailouts...

We are the first to examine the impact of gender diversity in bank boards on the probability and size of public bailouts. Our findings, based on a sample of listed European banks over the period 2007-2013, suggest that banks with a more gender-diverse board are less likely to receive a public...