Auflistung nach Autor "Mücke, Christian"
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The carrot and the stick: Bank bailouts and the disciplining role of board appointments
Mücke, Christian; Pelizzon, Loriana; Pezone, Vincenzo; Thakor, Anjan V. (2021-07-08)We empirically examine the Capital Purchase Program (CPP) used by the US government to bail out distressed banks with equity infusions during the Great Recession. We find strong evidence that a feature of the CPP - the ...