characteristics such as GDP, and corruption are ob-tained from CPI and World bank Database. Findings: We find evidence that ESG can … clarifies the role of ESG as well as the moderating role of corruption on Potential Risk. … increase the occurrence of banking risk. Furthermore, we find that a high level of corruption will increase banking risk. The …

The paper reports the outcome of the stress-testing of liquidity risk in the TARGET2 payment system, with the study … resilience of the system, defined as the network of its participants, and the appropriateness of liquidity levels under tightened … liquidity conditions. The scenarios analysed are based on extreme shocks to the value of collateral of different levels and …

We revisit the role of liquidity risk. We successfully replicate Pastor and Stambaugh's (2003) gamma liquidity risk … compensation for liquidity risk. We create five alternative liquidity risk indices from various popular liquidity proxies. Using … index and, within their time period, concur with their risk premium estimate. An out-of-their-time-period analysis finds …