Risk-Taking and Risk Management by Banks
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Jakob Haan & Razvan Vlahu, 2016.
"Corporate Governance Of Banks: A Survey,"
Journal of Economic Surveys, Wiley Blackwell, vol. 30(2), pages 228-277, April.
- Jakob de Haan & Razvan Vlahu, 2013. "Corporate governance of banks: A survey," DNB Working Papers 386, Netherlands Central Bank, Research Department.
- Brian W. Nocco & René M. Stulz, 2006.
"Enterprise Risk Management: Theory and Practice,"
Journal of Applied Corporate Finance, Morgan Stanley, vol. 18(4), pages 8-20, September.
- Nocco, Brian W. & Stulz, Rene M., 2006. "Enterprise Risk Management: Theory and Practice," Working Paper Series 2006-15, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
- Fahlenbrach, Rüdiger & Stulz, René M., 2011.
"Bank CEO incentives and the credit crisis,"
Journal of Financial Economics, Elsevier, vol. 99(1), pages 11-26, January.
- Rüdiger FAHLENBRACH & René M. STULZ, 2009. "Bank CEO Incentives and the Credit Crisis," Swiss Finance Institute Research Paper Series 09-27, Swiss Finance Institute.
- Fahlenbach, Rudiger & Stulz, Rene M., 2009. "Bank CEO Incentives and the Credit Crisis," Working Paper Series 2009-13, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
- Rüdiger Fahlenbrach & René M. Stulz, 2009. "Bank CEO Incentives and the Credit Crisis," NBER Working Papers 15212, National Bureau of Economic Research, Inc.
- René M. Stulz, 2008.
"Risk Management Failures: What Are They and When Do They Happen?,"
Journal of Applied Corporate Finance, Morgan Stanley, vol. 20(4), pages 39-48, September.
- Stulz, Rene M., 2008. "Risk Management Failures: What Are They and When Do They Happen?," Working Paper Series 2008-18, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
- Anginer, D. & Demirguc-Kunt, Asli & Huizinga, H.P. & Ma, K., 2014.
"Corporate Governance and Bank Insolvency Risk : International Evidence,"
Other publications TiSEM
3da1df9f-1cbe-4a14-91be-f, Tilburg University, School of Economics and Management.
- Huizinga, Harry & Demirgüç-Kunt, Asli & Ma, Kebin & Anginer, Deniz, 2014. "Corporate Governance and Bank Insolvency Risk: International Evidence," CEPR Discussion Papers 10185, C.E.P.R. Discussion Papers.
- Anginer, D. & Demirguc-Kunt, Asli & Huizinga, H.P. & Ma, K., 2014. "Corporate Governance and Bank Insolvency Risk : International Evidence," Discussion Paper 2014-053, Tilburg University, Center for Economic Research.
- Anginer, Deniz & Demirguc-Kunt, Asli & Huizinga, Harry & Ma, Kebin, 2014. "Corporate governance and bank insolvency risk : international evidence," Policy Research Working Paper Series 7017, The World Bank.
- Anginer, D. & Demirguc-Kunt, A. & Huizinga, H.P. & Ma, K., 2014. "Corporate Governance and Bank Insolvency Risk : International Evidence," Other publications TiSEM eaa7fe1c-5eb5-4c02-9508-8, Tilburg University, School of Economics and Management.
- Rüdiger Fahlenbrach & Robert Prilmeier & René M. Stulz, 2012.
"This Time Is the Same: Using Bank Performance in 1998 to Explain Bank Performance during the Recent Financial Crisis,"
Journal of Finance, American Finance Association, vol. 67(6), pages 2139-2185, December.
- Rüdiger Fahlenbrach & Robert Prilmeier & René M. Stulz, 2011. "This Time Is the Same: Using Bank Performance in 1998 to Explain Bank Performance During the Recent Financial Crisis," NBER Working Papers 17038, National Bureau of Economic Research, Inc.
- Rüdiger FAHLENBRACH & Robert PRILMEIER & René M. STULZ, 2011. "This Time Is the Same: Using Bank Performance in 1998 to Explain Bank Performance During the Recent Financial Crisis," Swiss Finance Institute Research Paper Series 11-19, Swiss Finance Institute.
- Fahlenbrach, Rudiger & Prilmeier, Robert & Stulz, Rene M., 2011. "This Time Is the Same: Using Bank Performance in 1998 to Explain Bank Performance during the Recent Financial Crisis," Working Paper Series 2011-10, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
- Aebi, Vincent & Sabato, Gabriele & Schmid, Markus, 2012. "Risk management, corporate governance, and bank performance in the financial crisis," Journal of Banking & Finance, Elsevier, vol. 36(12), pages 3213-3226.
- Beltratti, Andrea & Stulz, René M., 2012.
"The credit crisis around the globe: Why did some banks perform better?,"
Journal of Financial Economics, Elsevier, vol. 105(1), pages 1-17.
- Beltratti, Andrea & Stulz, Rene M., 2010. "The Credit Crisis around the Globe: Why Did Some Banks Perform Better?," Working Paper Series 2010-5, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
- Guiso, Luigi & Sapienza, Paola & Zingales, Luigi, 2015.
"The value of corporate culture,"
Journal of Financial Economics, Elsevier, vol. 117(1), pages 60-76.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2011. "The Value of Corporate Culture," NBER Chapters, in: Causes and Consequences of Corporate Culture, pages 60-76, National Bureau of Economic Research, Inc.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2013. "The Value of Corporate Culture," NBER Working Papers 19557, National Bureau of Economic Research, Inc.
- Guiso, Luigi & Zingales, Luigi & Sapienza, Paola, 2013. "The Value of Corporate Culture," CEPR Discussion Papers 9716, C.E.P.R. Discussion Papers.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2013. "The Value of Corporate Culture," EIEF Working Papers Series 1327, Einaudi Institute for Economics and Finance (EIEF), revised Oct 2013.
- Gary B. Gorton & Jillian Grennan & Alexander K. Zentefis, 2022.
"Corporate Culture,"
Annual Review of Financial Economics, Annual Reviews, vol. 14(1), pages 535-561, November.
- Gary B. Gorton & Jill Grennan & Alexander K. Zentefis, 2021. "Corporate Culture," NBER Working Papers 29322, National Bureau of Economic Research, Inc.
- Laeven, Luc & Levine, Ross, 2009.
"Bank governance, regulation and risk taking,"
Journal of Financial Economics, Elsevier, vol. 93(2), pages 259-275, August.
- Luc Laeven & Ross Levine, 2008. "Bank Governance, Regulation, and Risk Taking," NBER Working Papers 14113, National Bureau of Economic Research, Inc.
- Erkens, David H. & Hung, Mingyi & Matos, Pedro, 2012. "Corporate governance in the 2007–2008 financial crisis: Evidence from financial institutions worldwide," Journal of Corporate Finance, Elsevier, vol. 18(2), pages 389-411.
- Slovin, Myron B & Sushka, Marie E & Polonchek, John A, 1993. "The Value of Bank Durability: Borrowers as Bank Stakeholders," Journal of Finance, American Finance Association, vol. 48(1), pages 247-266, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- René M. Stulz, 2022. "Risk‐Taking and Risk Management by Banks," Journal of Applied Corporate Finance, Morgan Stanley, vol. 34(1), pages 95-105, March.
- Stulz, Rene M., 2014.
"Governance, Risk Management, and Risk-Taking in Banks,"
Working Paper Series
2014-10, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
- René M. Stulz, 2014. "Governance, Risk Management, and Risk-Taking in Banks," NBER Working Papers 20274, National Bureau of Economic Research, Inc.
- Stulz, Rene M., 2014. "Governance, Risk Management, and Risk-Taking in Banks," Working Papers 14-09, University of Pennsylvania, Wharton School, Weiss Center.
- Catarina Fernandes & Jorge Farinha & Francisco Vitorino Martins & Cesario Mateus, 2018. "Bank governance and performance: a survey of the literature," Journal of Banking Regulation, Palgrave Macmillan, vol. 19(3), pages 236-256, July.
- Iqbal, Jamshed & Strobl, Sascha & Vähämaa, Sami, 2015. "Corporate governance and the systemic risk of financial institutions," Journal of Economics and Business, Elsevier, vol. 82(C), pages 42-61.
- Bui, Dien Giau & Fang, Yiwei & Lin, Chih-Yung, 2018. "The influence of risk culture on firm returns in times of crisis," International Review of Economics & Finance, Elsevier, vol. 57(C), pages 291-306.
- Rene M. Stulz, 2016. "Risk management, governance, culture, and risk taking in banks," Economic Policy Review, Federal Reserve Bank of New York, issue Aug, pages 43-60.
- Catarina Fernandes & Jorge Farinha & Francisco Vitorino Martins & Cesario Mateus, 2021. "The impact of board characteristics and CEO power on banks’ risk-taking: stable versus crisis periods," Journal of Banking Regulation, Palgrave Macmillan, vol. 22(4), pages 319-341, December.
- Garel, Alexandre & Petit-Romec, Arthur, 2017. "Bank capital in the crisis: It's not just how much you have but who provides it," Journal of Banking & Finance, Elsevier, vol. 75(C), pages 152-166.
- Switzer, Lorne N. & Tu, Qiao & Wang, Jun, 2018. "Corporate governance and default risk in financial firms over the post-financial crisis period: International evidence," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 52(C), pages 196-210.
- Alin Marius Andries & Martin Brown, 2017. "Credit booms and busts in emerging markets," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 25(3), pages 377-437, July.
- Catarina Fernandes & Jorge Farinha & Francisco Vitorino Martins & Cesario Mateus, 2017. "Supervisory boards, financial crisis and bank performance: do board characteristics matter?," Journal of Banking Regulation, Palgrave Macmillan, vol. 18(4), pages 310-337, November.
- Dupire, Marion & Slagmulder, Regine, 2019. "Risk governance of financial institutions: The effect of ownership structure and board independence," Finance Research Letters, Elsevier, vol. 28(C), pages 227-237.
- Pathan, Shams & Haq, Mamiza & Faff, Robert & Seymour, Trent, 2021. "Institutional investor horizon and bank risk-taking," Journal of Corporate Finance, Elsevier, vol. 66(C).
- Garel, Alexandre & Martín-Flores, José M. & Petit-Romec, Arthur, 2020. "Stock market listing and the persistence of bank performance across crises," Journal of Banking & Finance, Elsevier, vol. 118(C).
- Bui, Dien Giau & Chen, Yan-Shing & Hsu, Hsing-Hua & Lin, Chih-Yung, 2020. "Labor unions and bank risk culture: evidence from the financial crisis," Journal of Financial Stability, Elsevier, vol. 51(C).
- Saghi-Zedek, Nadia & Tarazi, Amine, 2015.
"Excess control rights, financial crisis and bank profitability and risk,"
Journal of Banking & Finance, Elsevier, vol. 55(C), pages 361-379.
- Amine Tarazi & Nadia Zedek, 2013. "Excess Control Rights, Financial Crisis and Bank Profitability and Risk," Working Papers hal-00916550, HAL.
- Amine Tarazi & Nadia Zedek, 2015. "Excess Control Rights, Financial Crisis and Bank Profitability and Risk," Post-Print hal-01134839, HAL.
- Dong, Yizhe & Girardone, Claudia & Kuo, Jing-Ming, 2017.
"Governance, efficiency and risk taking in Chinese banking,"
The British Accounting Review, Elsevier, vol. 49(2), pages 211-229.
- Dong, Y & Girardone, C & Kuo, J, 2016. "Governance, efficiency and risk taking in Chinese banking," Essex Finance Centre Working Papers 16588, University of Essex, Essex Business School.
- Luca Bellardini & Pierluigi Murro & Daniele Previtali, 2019. "The Risk Weighted Ownership Index: an ex-ante measure of banks' risk and performance," Working Papers CASMEF 1904, Dipartimento di Economia e Finanza, LUISS Guido Carli.
- mamatzakis, em, 2014. "The effect of corporate governance on the performance of US investment banks," MPRA Paper 60198, University Library of Munich, Germany.
- Kathleen Weiss Hanley & Gerard Hoberg, 2019. "Dynamic Interpretation of Emerging Risks in the Financial Sector," The Review of Financial Studies, Society for Financial Studies, vol. 32(12), pages 4543-4603.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jacrfn:v:27:y:2015:i:1:p:8-18. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley-Blackwell Digital Licensing or Christopher F. Baum (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1078-1196 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.