Journal Article
Scale Matters: Community Banks and Compliance Costs
Meyer, Andrew P.; Neely, Michelle Clark; Dahl, Drew (2016-07)
Research shows that complying with government regulations is more burdensome for smaller community banks than larger community banks. Despite spending proportionately more resources on compliance, the smaller banks do not perform as well as the larger ones, at least in one key metric.
The Regional Economist , Issue July

Journal Article
Subjective Assessment of Managerial Performance and Decisionmaking in Banking
Coster, Daniel; Dahl, Drew (2022-07-14)
We examine subjective supervisory assessments of managerial performance in the banking industry. Results of empirical tests show that better assessments are (i) positively associated with decisions made by examiners to upgrade relatively objective bank performance ratings; (ii) negatively associated with decisions made by examiners to downgrade relatively objective bank performance ratings; and (iii) positively associated with decisions made by bank holding company managers to distribute resources among subsidiary banks. These results are consistent with the finding that soft information ...
Review , Volume 104 , Issue 3 , Pages 210-223

Journal Article
CEO Succession at Rural Banks
Dahl, Drew; Milchanowski, Mike (2018)
We examine [the migration of workforce] using the banking industry as an empirical laboratory. Our analysis focuses on the ages of incoming chief executive officers (CEOs) at rural commercial banks. The people we are looking at, in other words, are those who are brought in to ?run the farm? rather than those who are brought in to work on it?that is, the newcomers are older. But are they older or younger in rural areas than in cities? And, perhaps more importantly, have they been growing even older, or younger, over time?
The Regional Economist , Volume 26 , Issue 2

Conference Paper
Staying afloat in Japan: discretionary accounting and the behavior of banks under financial duress
Dahl, Drew; Shrieves, Ronald E. (1999)
Proceedings , Paper 641

Journal Article
How Branch Closures Affect Access to Banking Services
Dahl, Drew; Franke, Michelle; Fuchs, James W. (2021-01-04)
When local bank branches close, customers may have to travel longer distances for financial services, which is more often the case in rural areas.
The Regional Economist , Volume 29 , Issue 1

Conference Paper
Moral hazard, equity issuance and recoveries of undercapitalized banks
Spivey, Michael F.; Dahl, Drew (1991)
Proceedings , Paper 323

Conference Paper
Community Reinvestment Act rating downgrades and changes in bank lending behavior
Spivey, Michael F.; Evanoff, Douglas D.; Dahl, Drew (1999)
Proceedings , Paper 634

Conference Paper
Managerial turnover and discretionary accounting decisions in banks with concentrated ownership
Dahl, Drew (1993)
Proceedings , Paper 413

Journal Article
How Valuable Are External Auditors to the Banking Industry?
Dahl, Drew (2021-09-09)
Although regulators often rely on third-party auditors in monitoring the banking industry, does the quality of auditors’ work justify the costs?
The Regional Economist

Working Paper
Does the Community Reinvestment Act influence lending? an analysis of changes in bank low-income mortgage activity
Spivey, Michael F.; Evanoff, Douglas D.; Dahl, Drew (2000)
Anecdotal evidence that the Community Reinvestment Act (CRA) influences the lending behavior of financial institutions has not been uniformly supported by empirical research. We revisit this issue by evaluating changes in low-income mortgage lending at commercial banks over the 1992-96 period. Our empirical results fail to support a hypothesis that banks respond to public and regulatory pressure exerted as a result of a downgrade in CRA rating by increasing low-income mortgage lending. The findings are consistent with the contention that during this period regulators stressed adjustments in ...
Working Paper Series , Paper WP-00-6