The Data Standardization Challenge
Data standardization offers significant benefits for industry and regulators alike, suggesting that it should be easy. In practice, however, the...
Read moreData standardization offers significant benefits for industry and regulators alike, suggesting that it should be easy. In practice, however, the...
Read moreCommercial and industrial bank loans typically include an option to prepay the loan without penalty (zero cancellation fee). We present a first...
Read moreDuring the financial crisis, questions arose concerning links between the Federal Reserve and the business community. This paper provides the first...
Read moreWe examine the multi-faceted effect of creditor rights on the way banks monitor, operate and finance themselves. We present a simple analytical model...
Read moreBanks and bank governance are different. We critically assess the arguments used to pervade these divergences in operational activities. We also...
Read moreWe show that risk-mitigating incentives dominate risk-shifting incentives in fragile banks. We study security trading by banks, as banks can easily...
Read moreWe examine the market response to the disclosure of suspicious activity reports (SARs), made public as part of the FinCEN leak. We find a significant...
Read moreIn recent years, there has been a significant increase in the issuance of sustainability-linked loans (SLLs), where loan contract terms depend on the...
Read moreMost American publicly held corporations have a one-share, one-vote structure, in which voting power is proportional to economic ownership. This...
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