Disclosure and bank risk: Evidence from European banks
Research output: Contribution to journal › Article › peer-review
Electronic versions
DOI
We employ a self-developed dictionary designed to analyze bank financial statements to study the link between disclosure and bank risk in a sample of 225 European banks over the period 2011–2017. Disclosure is associated with reduced default risk for all but the most aggressive risk- taking banks, with the result weakly conditional on capital strength. At the same time, disclosure appears to increase systemic risk for European banks.
Keywords
- Disclosure, Bank risk, European banks
| Original language | English |
|---|---|
| Article number | 104499 |
| Number of pages | 8 |
| Journal | Finance Research Letters |
| Volume | 58 |
| Issue number | part B |
| Early online date | 19 Sept 2023 |
| DOIs | |
| Publication status | Published - 1 Dec 2023 |