Wilson, John OS and Casu, Barbara and Girardone, Claudia and Molyneux, Philip (2010) Emerging themes in banking: Recent literature and directions for future research. The British Accounting Review, 42 (3). pp. 153-169. DOI https://doi.org/10.1016/j.bar.2010.05.003
Wilson, John OS and Casu, Barbara and Girardone, Claudia and Molyneux, Philip (2010) Emerging themes in banking: Recent literature and directions for future research. The British Accounting Review, 42 (3). pp. 153-169. DOI https://doi.org/10.1016/j.bar.2010.05.003
Wilson, John OS and Casu, Barbara and Girardone, Claudia and Molyneux, Philip (2010) Emerging themes in banking: Recent literature and directions for future research. The British Accounting Review, 42 (3). pp. 153-169. DOI https://doi.org/10.1016/j.bar.2010.05.003
Abstract
This paper presents a review of the recent banking literature centred on the core themes of performance, risk and governance of financial institutions. We write this review against the backdrop of the recent financial crisis and the major changes it caused to banking sectors in many countries. Several themes emerge, but the overarching issue relates to the need to better understand bank risk-taking incentives and the implications for systemic stability. Specifically, there is a need for more work on: the role of safety net subsidies and how these relate to systemic risk; financial innovation and the adoption of new products and processes; and how innovative behaviour links to risk-taking, market returns and contagion. Future research could also be directed to provide a better understanding of the inter-connections between competition, capital, profitability, liquidity and risk. © 2010 Elsevier Ltd.
Item Type: | Article |
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Subjects: | H Social Sciences > HG Finance |
Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Essex Business School |
SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
Depositing User: | Unnamed user with email elements@essex.ac.uk |
Date Deposited: | 21 Nov 2011 10:01 |
Last Modified: | 23 Oct 2024 06:18 |
URI: | http://repository.essex.ac.uk/id/eprint/1528 |