Why bank governance is different
This paper reviews the pattern of bank failures during the financial crisis and asks whether there was a link with corporate governance. It revisits the theory of bank governance and suggests a multi-constituency approach that emphasizes the role of weak creditors. The empirical evidence suggests th...
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Volume: | 27 |
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Main Author: |
Bolton, Patrick
Röell, Ailsa Becht, Marco |
Format: | Journal Article |
Language: | English |
Place of publication: |
Oxford University Press 2011 |
published in: | Oxford Review of Economic Policy Vol. 27; no. 3; pp. 437 - 463 |
Data of publication: | 2011 |
Series: |
Oxford Review of Economic Policy |
Online Access: | available in Bonn? |
Database: | RePEc RePEc IDEAS Database information Databases - DBIS |