Extended shareholder liability for systematically important financial institutions by Romano, A, Enriques, L, Macey, JR

“…Regulators generally have tried to address the problems posed by the excessive risk-taking of Systemically Important Financial Institutions (SIFIs) by placing restrictions on the activities in which SIFIs engage. …”

The intrafirm complexity of systemically important financial institutions by Lumsdaine, R, Rockmore, D, Foti, N, Leibon, G, Farmer, J

“…Yet without a consistent way to measure complexity, there is little guarantee that the designated SIFIs capture the complexity that the FSB is concerned about, and little hope of mitigating the consequences that the FSB warns of. …”

Governance of non-bank systematically important financial institutions by Morbee, K

“…However, our analysis shows that other non-bank SIFIs generate similar systemic externalities with socially harmful consequences. …”