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The Value of Bank Capital and the Structure of the Banking IndustryPaolo FulghieriUniversity of North Carolina (UNC) at Chapel Hill - Finance Area; European Corporate Governance Institute (ECGI) Franklin AllenUniversity of Pennsylvania - Finance Department; European Corporate Governance Institute (ECGI) Hamid MehranFederal Reserve Bank of New York February 15, 2011 Review of Financial Studies, Vol. 24, No. 4, April 2011 Abstract: The critical role played by financial institutions in the recent financial crises has generated renewed interest on the corporate finance of the banking firm and the impact of the banking sector on the real economy. This paper introduces the special issue of the Review of Financial Studies dedicated to “The Value of Bank Capital and the Structure of the Banking Industry.” The special issue combines papers presented at the conference on “Corporate Finance of Financial Intermediaries” in September 2006, which was jointly organized by the Federal Reserve Bank of New York, the Wharton Financial Institutions Center of the University of Pennsylvania, and the Review of Financial Studies, with other related papers.
Number of Pages in PDF File: 20 Keywords: Value Bank Capital, Financial Intermediaries JEL Classification: G21 Accepted Paper SeriesDate posted: February 16, 2011Suggested CitationContact Information
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