This paper offers evidence that bank managers adjust key strategic variables following a risk and/or valuation signal …. Banks receive a risk signal when they have a substantially higher volatility compared to the best performing bank(s) with … similar business model characteristics, and a valuation signal when they are undervalued relative to the average bank with …

potential and bank risk. We calculate the franchise value over time of European banks as a measure of their long-run performance … potential. In addition, we measure risk as both the systematic and the idiosyncratic risk sensitivities derived from a bank … findings have conflicting implications for different stakeholders, such as investors, bank shareholders, bank managers and bank …

investigate the sources of bank resilience during the economic slowdown. We identify banks with different strategies and different … as the Q-ratio, the Sharpe ratio and the betas for relevant risk exposures. We find that bank returns and risks differ …

empirically on a sample of European listed banks. We find that bank stock returns are strongly asymmetric; both the sensitivity to …

potential and bank risk. We calculate the franchise value over time of European banks as a measure of their long-run performance … potential. In addition, we measure risk as both the systematic and the idiosyncratic risk sensitivities derived from a bank … findings have conflicting implications for different stakeholders, such as investors, bank shareholders, bank managers and bank …

This paper presents evidence that bank managers adjust key strategic variables following a risk and/or valuation signal … best performing bank(s) with similar characteristics, and a valuation signal when they are undervalued relative to the … average bank with similar characteristics. We document, using a partial adjustment model, that bank managers adjust the long …

This paper uses Bayesian Model Averaging to examine the driving factors of equity returns of US Bank Holding Companies …. BMA has as an advantage over OLS that it accounts for the considerable uncertainty about the correct set (model) of bank …–French factors are reliably related to US bank stock returns over the period 1986–2010. Other factors are either only relevant over …

combinations of time-varying borrower, loan contract and bank characteristics, and time, borrower, bank and borrower*bank fixed … effects. For the same borrower taking both conventional and Islamic loans from the same bank, the hazard rate on Islamic loans …