Gregory, Katina; Hambusch, Gerhard - In: International Journal of Managerial Finance 11 (2015) 3, pp. 388-410
Purpose – The purpose of this paper is to investigate how several key risk factors, including capital-to-asset ratio (CAR), franchise value and lobbying, affect various measures of risk in the US banking industry before, during and after the financial crisis. The empirical analysis covers the...