This paper examines the effectiveness of worldwide banking regulations and supervisions in providing a balanced risk-reward trade-off to bank shareholders. Our comprehensive global analysis of 2,467 banks across the world identifies the regulatory frameworks that are associated with favorable...

We examine the relation between state residual ownership and bank risk-taking for privatized banks from 45 countries. Applying propensity score matching, we find that privatized banks tend to exhibit higher levels of risk-taking post-privatization than their publicly listed non-privatized...