The unique structure of syndicated lending results in information asymmetries within the lending syndicate between banks of varying degrees of seniority. While previous studies have attempted to use indirect proxy measures to capture the effects of such information asymmetries, in this paper we...

Chair-CEO age differences have been shown to create cognitive conflicts that lead to greater chair independence in board monitoring that results in superior firm performance (Goergen et al., 2015). We test this argument in a banking setting and investigate whether chair-CEO age difference...

Banks must adhere to strict rules regarding the quantity of regulatory capital held but have some flexibility as to its composition. In this paper, we examine if bank insolvency (distance to default) is sensitive to capital other than common equity for a sample of listed North American and...