This study investigates the link between capital market discipline and bank-level credit risk with a special emphasis … on the role of bank ownership structure. Focusing on a large emerging market, Türkiye, characterized by a prominent state … bank presence, our baseline regression results indicate that banks' stock price volatility elevates in response to the …

and sovereign risks. In this paper we analyze the magnitude and changes in risk exposures that are reflected in bank stock … investigate bank risk in different economic environments including the introduction of the Euro and the recent financial and … decades when the Basel regulatory framework with different bank capital regulations was introduced. In our multi-factor asset …