develops an early-warning system of bank financial distress and critically evaluates the reliability and stability of the … quality, earnings, and liquidity ratios are accurate accounting indicators to predict bank financial distress. However, we … bank financial distress of small banks. By contrast, the balance sheet structure of banks (both the asset side and …

​Using a sample of 161 global banks in 23 countries, we examine the applicability of structural models and bank … fundamentals to price global bank credit risk. First, we find that variables predicted by structural models (leverage, volatility …, and risk-free rate) are significantly associated with bank CDS spreads. Second, some CAMELS indicators, including asset …

-wide institutional quality (corruption) on various bank activities: (i) the ratio of nonperforming loans to total loans; (ii) the capital …

-wide institutional quality (corruption) on various bank activities: (i) the ratio of nonperforming loans to total loans; (ii) the capital … quality can increase the risk of bank defaults when bank managers in corrupt nations view the probability of apprehension as … interest rate spreads. While membership in the European Union has a stabilizing effect, however, the central-bank autonomy does …