Although policymakers often discuss tradeoffs between bank competition and stability, past research provides differing … competition materially boosts individual and systemic bank risk. With respect to the mechanisms, we find that competition reduces …

This paper investigates the effects of ownership patterns on bank cost and profit efficiencies taking a sample of 607 … from bank-level inefficiency but also from differences related to other bank- and country-specific factors. Specifically …

variation in the data based on the theories of bank capital regulation. The results show that countries with high average …

variation in the data based on the theories of bank capital regulation. The results show that countries with high average …

We examine which traditional asset pricing variables together with bank-specific accounting variables explain the cross …-sectional variation of future bank stock returns, using a firm-level data of eight Asian countries. Our empirical evidence shows that … exchange rate risk, firm size, the book-to-market ratio, and the net income ratio are important in explaining future bank stock …

accounting for differences in observed bank characteristics. This downward bias does not seem to be explained by the fact that …