Krishnan, C. N. V.; He, Yu - In: Journal of risk and financial management : JRFM 15 (2022) 7, pp. 1-21
Using a large sample of bank seasoned equity offerings (SEO) from 2002 to 2017, we first documented detailed descriptive statistics, and showed that nonperforming assets ratio, our primary measure of bank asset quality, reached the highest value immediately after the 2008 economic crisis, which...