Abdullah, H., & Valentine, B. (2009). Fundamental and ethics theories of corporate governance. Middle Eastern Finance and Economics, 4(4), 88–96.
Abiad, A., Detragiache, E., & Tressel, T. (2008). A new database of financial reforms. International Monetary Fund, No. 08/266.
Ahlin, C., & Pang, J. (2008). Are financial development and corruption control substitutes in promoting growth? Journal of Development Economics, 86(2), 414–433.
Alexandre, H., & Paquerot, M. (2000). Efficacité des structures de contrôle et enracinement des dirigeants. Finance Contrôle Stratégie, 3(2), 5–29.
Uhde, A. (2016). Risk-taking incentives through excess variable compensation: Evidence from European banks. The Quarterly Review of Economics and Finance, 60, 12–28.
Anokhin, S., & Schulze, W. S. (2009). Entrepreneurship, innovation and corruption. Journal of Business Venturing, 24(5), 465–476.
Antle, R., & Smith, A. (1986). An empirical investigation of the relative performance evaluation of corporate executives. Journal of Accounting Research, 24(1), 1–39.
Arellano, M., & Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277–297.
Arellano, M., & Bover, O. (1995). Another look at the instrumental variable estimation of error-components models. Journal of Econometrics, 68(1), 29–51.
Azmi, W., Ali, M., Arshad, S., & Rizvi, S. A. R. (2019). Intricacies of competition, stability, and diversification: Evidence from dual banking economies. Economic Modelling, 83, 111–126.
Baron, R. M., & Kenny, D. A. (1986). The moderator–mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations. Journal of Personality and Social Psychology, 51(6), 1173–1182.
Bebchuk, L. A., & Fried, J. M. (2003). Executive compensation as an agency problem. Journal of Economic Perspectives, 17(3), 71–92.
Bebchuk, L., & Grinstein, Y. (2005). The growth of executive pay. Oxford Review of Economic Policy, 21(2), 283–303.
Bebchuk, L. A., Cohen, A., & Spamann, H. (2010). The wages of failure: Executive compensation at Bear Stearns and Lehman 2000–2008. Yale Journal on Regulation, 27, 257–282.
Beck, T., Demirgüç-Kunt, A., & Levine, R. (2005). SMEs, growth, and poverty: Cross- country evidence. Journal of Economic Growth, 10(3), 199–229.
Benavent, C., & Evrard, Y. (2002). Extension du domaine de l'expérience [Extension of the experience domain]. Décisions Marketing: 7–11.
Bennett, R. L., Guntay, L., & Unal, H. (2015). Inside debt, bank default risk, and performance during the crisis. Journal of Financial Intermediation, 42, 487–513.
Berger, A. N., & Udell, G. F. (1994). Did risk-based capital allocate bank credit and cause a credit crunch in the United States? Journal of Money, Credit and Banking, 26(3), 585–628.
Berle, A.A. and G.C. Means, 1932, "The modern corporation and private property", New Brunswick. NJ: Transaction.
Besley, T., & Persson, T. (2013). Taxation and development. In Handbook of Public Economics, 5, 51–110.
Bhagat, S., & Bolton, B. (2014). Financial crisis and bank executive incentive compensation. Journal of Corporate Finance, 25, 313–341.
Blundell, R., & Bond, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87(1), 115–143.
Bolton, P., Mehran, H., & Shapiro, J. (2011). Executive Compensation and Risk Taking. Federal Reserve Bank of New York Staff Reports, No. 456.
Bolton, P., Mehran, H., & Shapiro, J. (2015). Executive compensation and risk taking. Review of Finance, 19(6), 2139–2181.
Bourke, P. (1989). Concentration and other determinants of bank profitability in Europe, North America and Australia. Journal of Banking and Finance, 13(1), 65–79.
Boyd, J. H., & De Nicoló, G. (2005). The theory of bank risk taking, and competition revisited. The Journal of Finance, 60(3), 1329–1343.
Boyd, J. H. and S. L. Graham, 1986, "Risk, regulation and bank holding company expansion into nonbanking", Quarterly Review, (Spring): 2–17.
Boyd, J. H., & Graham, S. L. (1988). The Profitability and Risk Effects of Allowing Bank Holding. Quarterly Review-Federal Reserve Bank of Minneapolis, 10, 2–17.
Boyd, J. H., & Runkle, D. E. (1993). Size and performance of banking firms: Testing the predictions of theory. Journal of Monetary Economics, 31(1), 47–67.
Brei, M., Gadanecz, B., & Mehrotra, A. (2020). SME lending and banking system stability: Some mechanisms at work. Emerging Markets Review, 100676.
Brockman, P., Martin, X., & Unlu, E. (2010). Executive compensation and the maturity structure of corporate debt. The Journal of Finance, 65(3), 1123–1161.
Buch, C. M., Kesternich, I., Lipponer, A., & Schnitzer, M. (2014). Financial constraints and foreign direct investment: Firm-level evidence. Review of World Economics, 150(2), 393–420.
Campbell, J. L. (2007). Why would corporations behave in socially responsible ways? An institutional theory of corporate social responsibility. Academy of Management Review, 32(3), 946–967.
Cerasi, V., Deininger, S. M., Gambacorta, L., & Oliviero, T. (2020). How post-crisis regulation has affected bank CEO compensation. Journal of International Money and Finance, 104, 102–153. https://doi.org/10.1016/j.jimonfin.2020.102153
Chabot, M., & Bertrand, J. L. (2019). Complexity, interconnectedness and stability: New perspectives applied to the European banking system. Forthcoming in Journal of Business Research.
Chabot, M., Bertrand, J. L., & Thorez, E. (2019). Resilience of United Kingdom financial institutions to major uncertainty: A network analysis related to the Credit Default Swaps market. Journal of Business Research, 101, 70–82. https://doi.org/10.1016/j.jbusres.2019.04.003
Chen, M., Jeon, B. N., Wang, R., & Wu, J. (2015). Corruption and bank risk-taking: Evidence from emerging economies. Emerging Markets Review, 24, 122–148.
Chesney, M., J. Stromberg, and A. F. Wagner, 2010, "Risk-taking incentives, governance and losses in the financial crisis", Swiss Finance Institute Research Paper No. 10–18, Available at SSRN: http://dx.doi.org/https://doi.org/10.2139/ssrn.1595343
Cihák, M.M., S. Wolfe, and K. Schaeck, 2006, "Are more competitive banking systems more stable? ", International Monetary Fund, No. 143.
Čihák, M., & Hesse, H. (2010). Islamic banks and financial stability: An empirical analysis. Journal of Financial Services Research, 38(2–3), 95–113.
Cuñat, V., & Guadalupe, M. (2009). Globalization and the provision of incentives inside the firm: The effect of foreign competition. Journal of Labor Economics, 27(2), 179–212.
Daher, H., Masih, M., & Ibrahim, M. (2015). The unique risk exposures of Islamic banks’ capital buffers: A dynamic panel data analysis. Journal of International Financial Markets, Institutions and Money, 36, 36–52.
Dang, L., & Yang, R. (2016). Anti-corruption, marketisation and firm behaviours: Evidence from firm innovation in China. Economic and Political Studies, 4(1), 39–61.
Datta, S., Iskandar-Datta, M., & Raman, K. (2001). Executive compensation and corporate acquisition decisions. The Journal of Finance, 56, 2299–2336.
De Andres, P., & Vallelado, E. (2008). Corporate governance in banking: The role of the board of directors. Journal of Banking and Finance, 32(12), 2570–2580.
De Jong, G., & Van Ees, H. (2014). Firms and corruption. European Management Review, 11(3–4), 187–190.
Demirgüç-Kunt, A., & Detragiache, E. (2000). Monitoring banking sector fragility: A multivariate logit approach. The World Bank Economic Review, 14(2), 287–307.
Demirgüç-Kunt, A., & Huizinga, H. (2010). Bank activity and funding strategies: The impact on risk and returns. Journal of Financial Economics, 98(3), 626–650.
Demsetz, R. S., & Strahan, P. E. (1997). Diversification, size, and risk at bank holding companies. Journal of Money, Credit, and Banking, 29(3), 300–313.
Donaldson, T., & Preston, L. E. (1995). The stakeholder theory of the corporation: Concepts, evidence and implications. Academy of Management Review, 20(1), 65–91.
Dreher, A., & Gassebner, M. (2013). Greasing the wheels? The impact of regulations and corruption on firm entry. Public Choice, 155(3–4), 413–432.
Edmans, A., & Liu, Q. (2011). Inside debt. Review of Finance, 15, 75–102.
Brisker, E. R., Autore, D. M., Colak, G., & Peterson, D. R. (2014). Executive compensation structure and the motivations for seasoned equity offerings. Journal of Banking and Finance, 40, 330–345.
Flamini, V., Schumacher, M. L., & McDonald, M. C. A. (2009). The Determinants of Commercial Bank Benefit in Sub-Saharan Africa. International Monetary Fund, No. 9/15. : https://www.imf.org/external/pubs/ft/wp/2009/wp0915.pdf
Francis, B., Hasan, I., Park, J. C., & Wu, Q. (2015). Gender differences in financial reporting decision making: Evidence from accounting conservatism. Contemporary Accounting Research, 32(3), 1285–1318.
Fu, X. M., Lin, Y. R., & Molyneux, P. (2014). Bank competition and financial stability in Asia Pacific. Journal of Banking and Finance, 38, 64–77.
Gauthier, B., & Goyette, J. (2014). Taxation and corruption: Theory and firm-level evidence from Uganda. Applied Economics, 46(23), 2755–2765.
Gerakos, J. (2010). CEO pensions: Disclosure, managerial power, and optimal contracting. Pension Research Council Working Paper No. WP2007-5. https://doi.org/10.2139/ssrn.982180
Gul, F. A., Srinidhi, B., & Ng, A. C. (2011). Does board gender diversity improve the in formativeness of stock prices? Journal of Accounting and Economics, 51(3), 314–338.
Hausman, J. A. (1978). Specification tests in econometrics. Econometrica: Journal of the Econometric Society, 46(6), 1251–1271.
Heckelman, J. C., & Powell, B. (2010). Corruption and the institutional environment for growth. Comparative Economic Studies, 52(3), 351–378.
Holmstrom, B. (1989). Agency costs and innovation. Journal of Economic Behaviour and Organization, 12(3), 305–327.
House, F. (2004). Nations in transit 2004: Democratization in East Central Europe and Eurasia. Rowman & Littlefield Publishers.
Houston, J. F., Lin, C., Lin, P., & Ma, Y. (2010). Creditor rights, information sharing, and bank risk taking. Journal of Financial Economics, 96(3), 485–512.
Janakiraman, S. N., Lambert, R. A., & Larcker, D. F. (1992). An empirical investigation of the relative performance evaluation hypothesis. Journal of Accounting Research, 30(1), 53–69.
Jayakumar, M., Pradhan, R. P., Dash, S., Maradana, R. P., & Gaurav, K. (2018). Banking competition, banking stability, and economic growth: Are feedback effects at work? Journal of Economics and Business, 96(C), 15–41.
Jensen, M., & Meckling, W. (1976). Theory of the firm: Managerial behaviour, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360.
Jensen, M. C. (1993). The modern industrial revolution, exit, and the failure of internal control systems. The Journal of Finance, 48(3), 831–880.
Jiang, T., & Nie, H. (2014). The stained China miracle: Corruption, regulation, and firm performance. Economics Letters, 123(3), 366–369.
Kato, A., & Sato, T. (2014). The effect of corruption on the manufacturing sector in India. Economics of Governance, 15(2), 155–178.
Kervin, J. B. (1992). Methods for business research. Harper Collins.
King, R. G., & Levine, R. (1993). Finance and growth: Schumpeter might be right. The Quarterly Journal of Economics, 108(3), 717–737.
Ko, H. A., Tong, Y. J., Zhang, F. F., & Zheng, G. J. (2016). Corporate governance, product market competition and managerial incentives: evidence from four Pacific Basin Countries. Pacific-Basin Finance Journal, 40(1), 491–502.
Kosmidou, K., & Zopounidis, C. (2008). Measurement of bank performance in Greece. South-Eastern Europe Journal of Economics, 1(1), 79–95.
Kroszner, R. S., Laeven, L., & Klingebiel, D. (2007). Banking crises, financial dependence, and growth. Journal of Financial Economics, 84(1), 187–228. https://doi.org/10.1016/j.jfineco.2006.05.001
La Porta, R., Lopez-de-Silane, F., Shleifer, A., & Vishny, R. (1997). Legal determinants of external finance. Journal of Finance, 52(3), 1131–1150.
La Porta, R., Lopez-de-Silanes, F., Shleifer, A., & Vishny, R. (1998). Law and finance. Journal of Political Economy, 106(6), 1113–1155.
La Rocca, M., Cambrea, D. R., & Cariola, A. (2017). The role of corruption in shaping the value of holding cash. Finance Research Letters, 20, 104–108.
Laeven, L., & Levine, R. (2009). Bank governance, regulation and risk taking. Journal of Financial Economics, 93(2), 259–275.
Lambert, R. A., & Larcker, D. F. (1987). Executive compensation effects of large corporate acquisitions. Journal of Accounting and Public Policy, 6(4), 231–243.
Lazonick, W. (2011). The innovative enterprise and the developmental state: Toward an economics of organizational success. In: Institute for New Economic Thinking Annual 2011 Conference, Bretton Woods, NH April, pp 8–11.
Lepetit, L., Nys, E., Rous, P., & Tarazi, A. (2008). Bank income structure and risk: An empirical analysis of European banks. Journal of Banking and Finance, 32(8), 1452–1467.
Levine, A. J. (1997). The cellular gatekeeper for growth and division. Cell, 88(3), 323–331.
Liu, X. (2016). Corruption culture and corporate misconduct. Journal of Financial Economics, 122(2), 307–327.
Macey, J. R., & O’Hara, M. (2003). The corporate governance of banks. Economic Policy Review, 9(1), 91–107.
Maechler, A. M., Mitra, M. S., & Worrell, M. D. (2007). Decomposing financial risks and vulnerabilities in Eastern Europe. International Monetary Fund, No. 248.
Matousek, R., & Tzeremes, N. G. (2016). CEO compensation and bank efficiency: An application of conditional nonparametric frontiers. European Journal of Operational Research, 251(1), 264–273.
Molyneux, P., & Thornton, J. (1992). Determinants of European bank profitability: A note. Journal of Banking and Finance, 16(6), 1173–1178.
Khan, M. S., Scheule, H., & Wu, E. (2017). Funding liquidity and bank risk taking. Journal of Banking and Finance, 82, 203–216.
Nguyen, T. T., & Van Dijk, M. A. (2012). Corruption, growth, and governance: Private vs. state-owned firms in Vietnam, Journal of Banking and Finance, 36(11), 2935–2948.
O’Toole, C. M., & Tarp, F. (2014). Corruption and the efficiency of capital investment in developing countries. Journal of International Development, 26(5), 567–597.
Owen, A. L., & Temesvary, J. (2018). The performance effects of gender diversity on bank board’s. Journal of Banking and Finance, 90, 50–63.
Pan, X., & Tian, G. G. (2017). Political connections and corporate investments: Evidence from the recent anti-corruption campaign in China. Journal of Banking and Finance, 119, 105–108.
Park, M. S. G. (2012). Central Banks Quasi-Fiscal Policies and Inflation. International Monetary Fund, No.12/14
Petria, N., Capraru, B., & Ihnatov, I. (2015). Determinants of banks’ profitability: Evidence from EU 27 banking systems. Procedia Economics and Finance, 20(15), 518–524.
Saif-Alyousfi, A. Y., Saha, A., & Md-Rus, R. (2020). The impact of bank competition and concentration on bank risk-taking behavior and stability: Evidence from GCC countries. The North American Journal of Economics and Finance, 51, 100867.
Shah, S. Z. A., Akbar, S., Jia, L., Liu, Z., & Cao, S. (2017). CEO compensation and banks’ risk-taking during pre- and post-financial crisis period. Research in International Business and Finance, 42, 1489–1503.
Shleifer, A., & Vishny, R. W. (1986). Large shareholders and corporate control. Journal of Political Economy, 94(3), 461–488.
Shleifer, A., & Vishny, R. W. (1989). Management Entrenchment: The case of manager specific investments. Journal of Financial Economics, 25(1), 123–139.
Singer, D. A. (2012). The family channel: Migrant remittances and government finance. MIT Political Science Department Research Paper, No. 2012-23. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2125200
Sloan, R. G. (1993). Accounting earnings and top executive compensation. Journal of Accounting and Economics, 16(1–3), 55–100.
Srivastav, A., Armitage, S., Hagendorff, J., & King, T. (2018). Better safe than sorry? CEO inside debt and risk-taking in bank acquisitions. Journal of Financial Stability, 36, 208–224.
Suchman, M. C. (1995). Managing legitimacy: Strategic and institutional approaches. Academy of Management Review, 20(3), 571–610.
Sundaram, R. K., & Yermack, D. L. (2007). Pay me later: Inside debt and its role in managerial compensation. Journal of Finance, 62(4), 1551–1588.
Svensson, J. (2005). Eight questions about corruption. Journal of Economic Perspectives, 19(3), 19–42.
Tan, Y. (2016). The impacts of risk and competition on bank profitability in China. Journal of International Financial Markets, Institutions and Money, 40, 85–110.
Tian, G. Y., & Yang, F. (2014). CEO incentive compensation in US financial institutions. International Review of Financial Analysis, 34, 64–75.
Toader, T., Onofrei, M., Popescu, A. J., & Andrieș, A. M. (2018). Corruption and Banking Stability: Evidence from Emerging Economies. Emerging Markets Finance and Trade, 54(3), 591–617.
Tonoyan, V., Strohmeyer, R., Habib, M., & Perlitz, M. (2010). Corruption and entrepreneurship: How formal and informal institutions shape small firm behavior in transition and mature market economies. Entrepreneurship Theory and Practice, 34(5), 803–832.
Uddin, A., Chowdhury, M. A. F., Sajib, S. D., & Masih, M. (2020). Revisiting the impact of institutional quality on post-GFC bank risk-taking: Evidence from emerging countries. Emerging Markets Review, 42(99), 100–659.
Vallascas, F., & Hagendorff, J. (2013). CEO bonus compensation and bank default risk: Evidence from the US and Europe. Financial Markets, Institutions and Instruments, 22(2), 47–89.
Vial, V., & Hanoteau, J. (2010). Corruption, manufacturing plant growth, and the Asian paradox: Indonesian evidence. World Development, 38(5), 693–705.
Wang, Y., & You, J. (2012). Corruption and firm growth: Evidence from China. China Economic Review, 23(2), 415–433.
Wei, C., & Yermack, D. (2011). Investor reactions to CEOs’ inside debt incentives. The Review of Financial Studies, 24(11), 3813–3840.
Jiang, W., Liu, Y., Gerald, J. L., & Xu, Y. (2019). Deferred cash compensation and risk-taking: Evidence from the Chinese banking industry. Pacific-Basin Finance Journal, 53, 432–448.
Weill, L. (2011). Do Islamic banks have greater market power? Comparative Economic Studies, 53(2), 291–306.
Wong, T. W., Fung, K. W. T., & Leung, K. S. (2020). Strategic bank closure and deposit insurance valuation. European Journal of Operational Research, 285(1), 96–105.
Xiaoqing, F., Yongjia, L., & Molyneux, P. (2014). Bank competition and financial stability in Asia Pacific. Journal of Banking & Finance, 38(C), 64–77.
Xu, G., & Yano, G. (2017). How does anti-corruption affect corporate innovation? Evidence from recent anti-corruption efforts in China. Journal of Comparative Economics, 45(3), 498–519.
Xu, G., Yano, J., & Sakai, S. I. (2016). Scenario analysis for recovery of rare earth elements from end-of-life vehicles. Journal of Material Cycles and Waste Management, 18(3), 469–482.
Zhang, S. (2016). Institutional arrangements and debt financing. Research in International Business and Finance, 36, 2–372.