The recent series of banking crises in the United States and in the Eurozone has resulted in numerous bank failures. In this paper, an agent-based model is employed to test for factors that determine bank viability in times of distress, focusing mainly on the endogenous risk of financial...

PurposeThe purpose of this paper is to examine the link between banking crises and the subjective well-being of individuals. In addition, the authors examine the transmission of crises from the banking sector to well-being and show that negative financial shocks have significant adverse...

Purpose: This study analyzes the inflation hedging of Islamic and conventional equities by employing 26 indices for the period ranging from January 1996 till August 2018. The authors investigate the decoupling hypothesis for Islamic versus conventional equities across various investment...

Purpose: This paper aims to investigate two issues. First, the authors test the effect of the Sarbanes–Oxley Act (SOX) on audit quality after 10 years. Second, the authors test whether it was necessary to close all of the Arthur Andersen offices due to the misbehavior of a few (e.g. the...

The COVID-19 pandemic affected the tourism sector. We investigate the impact of COVID-19 on tourism industry and specifically the possible shocks transmitted from the aviation sector to the rest sectors of tourism and how the last response to volatility. We found that shocks during the pandemic...

The COVID-19 pandemic affected the tourism sector. We investigate the impact of COVID-19 on tourism industry and specifically the possible shocks transmitted from the aviation sector to the rest sectors of tourism and how the last response to volatility. We found that shocks during the pandemic...