Results 51 to 60 of about 687 (201)

Valuing Stock Liquidity: Theory and Evidence From the Collapse of Lehman Brothers

International Journal of Finance &Economics, EarlyView.
ABSTRACT This study examines the cross‐sectional relationship between stock return and stock liquidity (both level and risk) for the period when there was a huge decline in market‐wide funding liquidity from the collapse of Lehman Brothers. We propose a global game model to analyse the decisions of short‐term traders around the time Lehman Brothers ...
Shu Feng, Lining Han, Chun‐Yu Ho, Yolanda Yulong Wang, Jiayi Zhong   +4 more
wiley   +1 more source

The Influence of Climate Initiatives on Capital Structure: The Green Halo Effect

International Journal of Finance &Economics, EarlyView.
ABSTRACT This paper examines the impact of participation in three climate initiatives—Science Based Targets initiative (SBTi), Carbon Disclosure Project (CDP) and Net Zero Banking Alliance (NZBA)—on the capital structure of financial institutions.
Daniel Ramos‐García, Carmen López‐Martín, Raquel Arguedas‐Sanz   +2 more
wiley   +1 more source

On the growing accountability of central banks for financial stability–the macroprudential perspective

Economics and Business Review, 2018
The aim of this paper is to identify and assess, on a comparative, intra-country basis, the existing practices and developments in central bank accountability for financial stability, from a new-macroprudential policy-perspective.
Matysek-Jędrych Anna
doaj   +1 more source

The Real Effect of Banking Globalisation on Bank Liquidity Creation in China's Banking Sector: Evidence From the Belt and Road Initiative

International Studies of Economics, EarlyView.
ABSTRACT To explore the real effect of banking globalisation on bank liquidity creation, we investigate plausibly exogenous variations in the expectation of further banking globalisation under the Belt and Road Initiative (BRI), which further opens the gate to foreign investors.
Xuanyi Shi, Wenjun Wu, Yifan Chen, Chunyang Wang   +3 more
wiley   +1 more source

Macroprudential policy stance assessment: the case of Croatia

Public Sector Economics
This paper contributes to the literature on empirical macroprudential policy (MP) stance assessment. The main purpose of this framework is to evaluate the potential benefits and costs of MP tools and instruments that have been employed in a financial ...
Tihana Škrinjarić
doaj   +1 more source

Carbon VIX, Climate Risk and Financial Stability New Evidence From Developing Countries

Sustainable Development, EarlyView.
ABSTRACT This study investigates the effects of the carbon VIX and climate risk on financial stability through the banking Z‐score in developing economies. Using the Dynamic Panel Threshold Model of 106 developing countries from 2012 to 2022, the results reveal that both carbon VIX and climate risk exert a significant negative influence on banking ...
Alanoud Al‐Maadid, Mohamed Sami Ben Ali, Kamal Si Mohammed, Omer Salih Mohammed Abker   +3 more
wiley   +1 more source

THE JOINT EFFECT OF BORROWER TARGETED MACROPRUDENTIAL INSTRUMENTS AND CAPITAL REGULATIONS ON PROCYCLICALITY OF LOAN-LOSS PROVISIONS

Copernican Journal of Finance & Accounting, 2019
We analyze the effects of macroprudential policy and micro-prudential capital regulations on the procyclicality of loan-loss provisions, using individual bank information from over 65 countries.
Małgorzata Olszak, Sylwia Roszkowska, Iwona Kowalska   +2 more
doaj   +3 more sources

Urban Housing Markets and Sustainability Risk: Empirical Evidence From South African Cities

Sustainable Development, EarlyView.
ABSTRACT Despite the global shift toward sustainability and rising expectations for socially and environmentally responsible housing, evidence from South Africa's urban markets remains limited and underexplored. This study examines how sustainability‐related vulnerabilities shape downside housing risk across 60 cities between 2002 and 2021.
Bereket A. Ataro, Beatrice D. Simo‐Kengne, Rexford K. Asiama   +2 more
wiley   +1 more source

A Structural Vector Autoregression Exploration of South Africa’s Monetary and Macroprudential Policy Interactions

Economies
Interactions between monetary and macroprudential policy are crucial in safeguarding price and financial stability. This study investigates the macroeconomic and financial impacts of monetary and macroprudential policy interactions in South Africa, a ...
Khwazi Magubane, Ntokozo Patrick Nzimande   +1 more
doaj   +1 more source

Artificial Intelligence in Financial Security Markets: Catalyzing Sustainable Development Through Innovation, Risk Mitigation, and Adaptive Governance

Sustainable Development, EarlyView.
ABSTRACT The rapid integration of artificial intelligence (AI) into financial security markets presents both significant opportunities and emerging governance challenges for sustainable development. This study employs a comparative mixed‐methods approach to examine how AI‐driven innovation in trading, risk management, regulatory compliance, and ...
Suleman Bawa, Ibn Wahab Benin, Harika Kancham, Pedro Munoz‐Ramirez   +3 more
wiley   +1 more source