Shocks to banks' ability to raise liquidity at short notice can lead to depositor panics, as evidenced by recent bank … failures. Why don't banks take a more active role in managing these risks? In a standard bank-run model, we show that risk … management failures are most prevalent when exposures are more severe and managing risk would be particularly valuable. Bank …

amongst other alternatives. This paper examines the trend and the effects of bank recapitalization on deposit money banks in … Nigeria in terms of performance and more specifically profitability and cost of equity. The data used for this study were …