-mandated committees have highlighted four key deficiencies with bank boards before the crisis: (i) group think among bank board members … significant difference in the proportion of directors has turned over from bank boards since 2007 relative to boards of 1 …,297 firms in other industries; (ii) evidence of greater gender or racial diversity in bank boards or of a greater split between …

financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance …

We investigate the effects of the abolition of double liability requirement imposed on bank shareholders in Canada on … bank risk-taking and lending behavior. Under the double liability rule, the shareholders of a bank were liable up to twice … the amount of their subscribed shares in the case of bankruptcy. With the establishment of the Bank of Canada in 1934, the …