Jankulár, Pavel - In: Prague economic papers : a bimonthly journal of … 33 (2024) 2, pp. 187-219
This paper examines the validity of the risk-return trade-off for a sample of Czech banks over the period 2002-2022 by analysing the relationship between the bank risk and risk-adjusted returns. I find evidence of a significant negative association between the regulatory risk measure and...
