This paper analyzes bank stock prices around the world to assess the impact of the COVID-19 pandemic on the banking … lending role that banks are expected to play have put banking systems under significant stress, with bank stocks …

banking sector. Specifically, shareholderfriendly corporate governance results in higher risk for larger banks and for banks …We find that shareholder-friendly corporate governance is associated with higher stand-alone and systemic risk in the … that are located in countries with generous financial safety nets as banks try to shift risk towards taxpayers. We confirm …

risk outweighed the prospect of additional loss. Banks' tendency to continue payouts to shareholders after experiencing … negative income shocks are shown to reflect executive risk-taking incentives …

size relative to the national economy. We then examine how a bank's risk and return, its activity mix and funding strategy … trade-off between risk and return, systemic size is an unmitigated bad, reducing return without a reduction in risk. Despite … a higher sensitivity of their funding costs to risk proxies, suggesting that they are often too big to save. The finding …

shocks. Examining the impact of the institutional and regulatory environment on bank systemic risk shows that banking systems … competition and systemic risk. Whereas much of the extant literature has focused on the relationship between competition and the … absolute level of risk of individual banks, in this paper we examine the correlation in the risk taking behavior of banks. We …

shortest U.S. recession on record and the avoidance of any banking crisis – and a number of research opportunities. The paper … – faster and larger than for the Global Financial Crisis (GFC). It connects the “financial surprise” of the resilient banking … “surprises” are also mutually reinforcing – if either the economy or banking system had failed, so would the other. The paper …