Chen, I‐Ju; Lee, Yu-Yi; Liu, Yong-Chin - 2023
We investigate the empirical relationship between macroeconomic risk, bank liquidity, and bank risk surrounding the … 1999 Financial Services Modernization Act. We propose that bank risk and liquidity are positively related as macroeconomic … environment conducted more lending activities following the enactment of the GLBA, leading to higher bank risk. Our study …