Oyetade, Damilola; Muzindutsi, Paul-Francois - In: Risks : open access journal 11 (2023) 11, pp. 1-18
This paper employs dynamic panel models to investigate the impact of country risk on the financial stability of banks in Africa. Using country risk and bank specific data for 10 African countries over the period of 2000 and 2021, the results reveal that African countries have a high country risk...