Beltratti, Andrea; Stulz, René M. - In: Journal of Financial Economics 105 (2012) 1, pp. 1-17
Though overall bank performance from July 2007 to December 2008 was the worst since the Great Depression, there is … variation to evaluate the importance of factors that have been put forth as having contributed to the poor performance of banks …. Differences in banking regulations across countries are generally uncorrelated with the performance of banks during the crisis …