El-Chaarani, Hani; Abraham, Rebecca; Khalife, Danielle; … - In: International Journal of Financial Studies : open … 11 (2023) 1, pp. 1-20
During the COVID-19 lockdown, the typical bank in the Middle East lost liquidity due to deposit drains and experienced increases in nonperforming loans. The loss of liquidity was a supply shock, while the increase in nonperforming loans was a demand shock. Corporate governance increases the...