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19. 20. 21. 22. 23. 24. 25. with z ϭ ␥ ϩ xiЈ ϩ i ew 1 ϩ ew with w ϭ ␣ ϩ yЈi ␤ ϩ i See Maddala (1983) and Thomas (2000) for a description and discussion of logit models. Central banks, prudential regulatory and supervisory commissions, deposits insurance funds, banking associations and federations, regulatory commissions associations, and restructuring agencies. NPL buyout, recapitalization. 2. The difference in the number of observations comes from a higher number of missing observations when we include La Porta et al.
Martin, D. (1977), Early warning of bank failure, Journal of Banking and Finance 1, 249–76. Mitton, T. (2002), A cross-firm analysis of the impact of corporate governance of the east Asian financial crisis, Journal of Financial Economics 64, 215–41. OCC (1988), Bank failure an evaluation of the factors contributing to the failure of national banks, Discussion Paper, Office of the Comptroller of the Currency. Pantalone, C. C. and M. B. Platt (1987), Predicting commercial bank failures since deregulation, New England Economic Review, 37–47.
S. (1983), Limited Dependent and Qualitative Variables in Econometrics, Cambridge University Press, Cambridge. Martin, D. (1977), Early warning of bank failure, Journal of Banking and Finance 1, 249–76. Mitton, T. (2002), A cross-firm analysis of the impact of corporate governance of the east Asian financial crisis, Journal of Financial Economics 64, 215–41. OCC (1988), Bank failure an evaluation of the factors contributing to the failure of national banks, Discussion Paper, Office of the Comptroller of the Currency.