Using Indian bank-level data, we examine the cross-sectional returns predictability for banking stocks in view of the … model alongside bank-specific conditioning information in the form of asset quality variables, operational efficiency …

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 …

market-to-book ratio. Further, several control variables were utilized such as the bank's capital adequacy, profitability …, board independence, number of board meetings, and CEO duality with stock performance measured by the bank's share price and …, and size. The empirical findings reveal that board independence positively affects the bank stock performance while the …