[
Adusei, M. (2015a). The impact of bank size and funding risk on bank stability. Cogent Economics & Finance, 3(1), 1-19.
]Search in Google Scholar
[
Adusei, M. (2015b). Bank profitability: Insights from the rural banking industry in Ghana, Cogent Economics & Finance, 3(1), 1-15.
]Search in Google Scholar
[
Agénor, P.R. & Pereira da Silva, L.A. (2012). Macroeconomic stability, financial stability, and monetary policy rules. International Finance, 15(2), 205-224, https://doi.org/10.1111/j.1468-2362.2012.01302.x.
]Search in Google Scholar
[
Akram, Q.F. & Eitrheim, Ø. (2008). Flexible inflation targeting and financial stability: Is it enough to stabilize inflation and output? Journal of Banking & Finance, 32(7), 1242–1254.
]Search in Google Scholar
[
Allen, F. & Gale, D. (2000). Comparing financial systems. MIT Press, Cambridge and London.
]Search in Google Scholar
[
Alnaa, S.E. & Matey, J. (2021). Performance of merged and distressed banks in Ghana. Journal of International Finance and Economics, 21(3), 35-47.
]Search in Google Scholar
[
Anginer, D., Demirguc-Kunt, A. & Zhu, M. (2014). How does deposit insurance affect bank risk? Evidence from the recent crisis. Journal of Banking and Finance, 48, 312-321.
]Search in Google Scholar
[
Baudino, P., Murphy, D. & Svoronos, J. (2020). The banking crisis in Ireland. FSI crisis management series No. 2. Bank for International Settlements, https://www.bis.org/fsi/fsicms2.pdf (Accessed: 01.10.2020).
]Search in Google Scholar
[
Beck, T., De Jonghe, O. & Schepens, G. (2013a). Bank competition and stability: cross-country heterogeneity. Journal of Financial Intermediation 22(2), 218–244.
]Search in Google Scholar
[
Beck, T., Demirgüç-Kunt, A. & Merrouche, O. (2013b). Islamic vs. conventional banking: Business model, efficiency and stability. Journal of Banking & Finance, 37(2), 433-447, http://doi.org/10.1016/j.jbankfin.2012.09.016.
]Search in Google Scholar
[
Bell, A., Fairbrother, M. & Jones, K. (2019). Fixed and random effects models: Making an informed choice. Quality & Quantity 53(2), 1051–1074.
]Search in Google Scholar
[
Berger, A.N., Klapper, L.F. & Turk-Ariss, R. (2009). Bank competition and financial stability. Journal of Financial Services Research 35(2), 99-118, https://doi.org/10.1007/s10693-008-0050-7.
]Search in Google Scholar
[
Bertay, A.C., Demirguc-Kunt, A. & Huizinga, H. (2013). Do we need big banks? Evidence on performance, strategy, and market discipline. Journal of Financial Intermediation, 22(4), 532-558.
]Search in Google Scholar
[
Bonazzi, L. & Islam, S.M.N. (2007). Agency theory and corporate governance. Journal of Modelling in Management, 2(1), 7-23, https://doi.org/10.1108/17465660710733022.
]Search in Google Scholar
[
Boot, A. & Thakor, A. (2000). Can relationship banking survive competition? The Journal of Finance, 55(2), 679-713, https://doi.org/10.1111/jofi.2000.55.issue-2.
]Search in Google Scholar
[
Borio, C. (2014). Monetary policy and financial stability: what role in prevention and recovery? Monetary and Economic Department. BIS Working Paper Series (No. 440), https://www.bis.org/publ/work440.htm (Accessed 21.01.2022).
]Search in Google Scholar
[
Boyd, J.H., Levine, R. & Smith, B.D. (2001). The impact of inflation on financial sector performance. Journal of Monetary Economics, 47(2), 221–248.
]Search in Google Scholar
[
Central Bank of Nigeria Bulletin. (2010). Annual report CBN BullionVolume 34, No.4, https://www.cbn.gov.ng/documents/bu,llion.asp (Accessed: 12.08.2022).
]Search in Google Scholar
[
Conerly, B. (2022). The recession will begin late 2023 or early 2024, https://www.forbes.com/sites/billconerly/2022/11/01/the-recession-will-begin-late2023-or-early-2024/?sh=21da491add8b (Accessed: 01.11.2022).
]Search in Google Scholar
[
Costeiu, A.A. & Neagu, F. (2013). Bridging the banking sector with the real economy financial stability perspective, European Central Bank. Working Paper Series Working Paper Series (1592), https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1592.pdf (Accessed: 01.09.2022).
]Search in Google Scholar
[
Dagher, J., Dell’Ariccia, G., Laeven, L., Ratnovski, M.L. & Tong, M.H. (2020). Bank capital: A seawallapproach. International Journal of Central Banking, 16(2), 249-291, https://www.ijcb.org/journal/ijcb20q1a7.pdf (Accessed: 01.03.2022).
]Search in Google Scholar
[
Demirgüç-Kunt, A., Martinez Peria, M. S. & Tressel, T. (2015). The impact of the global financial crisis on firms’ capital structure. World Bank Policy Research Working Paper, (7522), https://doi.org/10.1596/1813-9450-752.
]Search in Google Scholar
[
Deutsche Bundesbank (2003). Report on the stability of the German financial system. Monthly report, December, https://www.bundesbank.de/resource/blob/706378/d2cd736eb56e642772a9422812463d3c/mL/2003-12-stability-data.pdf (Accessed: 31.12.2022).
]Search in Google Scholar
[
Dobler, M., Moretti, M. & Piris A. (2020). Managing systemic banking crises: new lessons and lessons relearned. International Monetary Found, https://www.imf.org//media/Files/Publications/DP/2020/English/MSFCEA.ashx (Accessed: 11.02.2022).
]Search in Google Scholar
[
Federal Deposit Insurance Corporation (2017). U.S. bank fails for the first time since 2017, https://www.fdic.gov (Accessed: 01.03.2022).
]Search in Google Scholar
[
Ferdaous, D.J. (2016). Impact of remittances and FDI on economic growth: A panel data analysis, https://api.semanticscholar.org/CorpusID:53348226 (Accessed: 01.03.2022).
]Search in Google Scholar
[
Flamini, V., McDonald, C. & Schumacher, L. (2009). The determinants of commercial bank profitability in Sub-Sahara Africa, pp. 1-32, International Monetary Fund Working Papers Series, WP/09/15, https://www.elibrary.imf.org/view/journals/001/2009/015/article-A001-en.xml (Accessed: 01.01.2023).
]Search in Google Scholar
[
Gardener, E., Molyneux, P. & Nguyen-Linh, H. (2012). Determinants of efficiency in Southeast Asian banking. The Service Industries Journal, 31(16), 2693-2719, https://doi.org/10.26905/jkdp.v22i3.2094.
]Search in Google Scholar
[
Ghosh, S. (2014). Risk, capital, and financial crisis: evidence for GCC banks. Borsa Istanbul Review, 14(3), 145-157, https://doi.org/10.1016/j.bir.2014.06.003.
]Search in Google Scholar
[
Goddard, J.P., Molyneux, P. & Wilson, J.O. (2004). Dynamics of growth and profitability in banking. Journal of Money, Credit and Banking 36(6), 1069-1090, https://doi.org/10.1353/mcb.2005.0015.
]Search in Google Scholar
[
Greene, W.H. (2003). Fixed and random effects in stochastic frontier model. Working Paper No. 0216, Department of Economics, Stern School of Business, New York University, https://pages.stern.nyu.edu/~wgreene/fixedandrandomeffects.pdf (Accessed: 13.12.2022).
]Search in Google Scholar
[
Gulamhussen, M.A., Pinheiro, C. & Pozzolo, A.F. (2014). International diversification and risk of multinational banks: evidence from the pre-crisis period. Journal of Financial Stability, 13(2014), 30-43, https://doi.org/10.1016/j.jfs.2014.02.007.
]Search in Google Scholar
[
Hauner, D. & Peiris, S.J. (2008). Banking efficiency and competition in low-income countries: The case of Uganda. Applied Economics, 40(21), 2703-2720, https://doi.org/10.1080/00036840600972456.
]Search in Google Scholar
[
Hesse, H. & Čihák, M. (2007). Cooperative banks and financial stability. International Monetary Fund Working Paper No. 07/02, https://www.elibrary.imf.org/view/journals/001/2007/002/article-A001-en.xml (Accessed: 13.08.2022).
]Search in Google Scholar
[
Khandelwal, P., Cabezon, E., Mirzayev, S. & Al-Farah, R. (2022). Macroprudential Policies to Enhance Financial Stability in the Caucasus and Central Asia. International Monetary Fund, Issue 006, https://www.elibrary.imf.org/view/journals/087/2022/006/article-A001-en.xml (Accessed: 30.03.2022).
]Search in Google Scholar
[
Jensen, M.C. (1986). Agency costs of free cash flow, corporate finance, and takeovers. The American Economic Review, 76(2), 323–329, http://www.jstor.org/stable/1818789 (Accessed: 30.03.2022).
]Search in Google Scholar
[
Jensen, M. & Meckling, W. (1976). Theory of the firm: managerial behaviour, agency costs and ownership structure. Journal of Financial Economics, 3(1), 305–360, https://doi.org/10.1016/0304-405X(76)90026-X.
]Search in Google Scholar
[
Keeley, M.C. (1990). Deposit insurance, risk, and market power in banking. The American Economic Review, 80(5), 1183-1200, http://www.jstor.org/stable/2006769 (Accessed: 30.03.2022).
]Search in Google Scholar
[
Kohler, M. (2015). Which banks are more risky? The impact of business models on bank stability. Journal of Financial Stability, 16(2015), 195–212, https://doi.org/10.1016/j.jfs.2014.02.005.
]Search in Google Scholar
[
Laeven, L., Ratnovski, L. & Tong, H. (2014). Bank size and systemic risk, International Monetary Fund, SDN 14/04, https://www.imf.org/external/pubs/ft/sdn/2014/sdn1404.pdf (Accessed: 14.04.2023).
]Search in Google Scholar
[
Lund, S., Manyika, J., Mehta, A. & Goldshtein, D. (2018). A decade after the global financial crisis: What has (and hasn’t) changed. McKinsey & Company Briefing Note, https://www.mckinsey.com/industries/financial-services/our-insights/a-decadeafter-the-global-financial-crisis-what-has-and-hasnt-changed (Accessed: 14.04.2023).
]Search in Google Scholar
[
McClure, B. (2019). How operating leverage can impact a business, https://www.investopedia.com/terms/contributor/49/ (Accessed: 14.04.2023).
]Search in Google Scholar
[
Merrouche, O. & Nier, E. (2010). What caused the global financial crisis?-Evidence on the drivers of financial imbalances 1999-2007. International Monetary Fund, Working Paper No. 10/265, https://www.elibrary.imf.org/view/journals/001/2010/265/article-A001-en.xml (Accessed: 16.04.2023).
]Search in Google Scholar
[
Martynova, N., Ratnovski, M.L. & Vlahu, M.R. (2015). Bank profitability and risk-taking. International Monetary Fund, Issue 249, https://www.elibrary.imf.org/view/journals/001/2015/249/article-A001-en.xml (Accessed: 14.04.2023).
]Search in Google Scholar
[
Nguyen, M., Skully, M. & Perera, S. (2012). Market power, revenue diversification and bank stability: Evidence from selected South Asian countries. Journal of International Financial Markets, Institutions and Money, 22(4), 897-912, https://doi.org/10.1016/j.intfin.2012.05.008.
]Search in Google Scholar
[
Nyalatorgbi, E. (2019). Bank of Ghana closes seven banks in banking crisis: African Agenda. Third World Network Africa, 21(3), 33-36, http://twnafrica.org/wp/2017/?p=546 (Accessed: 22.05.2023).
]Search in Google Scholar
[
Silver, C. (2022). Over 10 years later, lessons from the 2008 financial crisis, Retrieved https://www.investopedia.com/news/10-years-later-lessons-financial-crisis/ (Accessed: 01.05.2023).
]Search in Google Scholar
[
Siregar, R. (2011). Macro-prudential approaches to banking regulation: Perspectives of selected Asian Central Banks. Asian Development Bank Institute Working Papers No. 325, https://www.adb.org/sites/default/files/publication/156180/adbi-wp325.pdf (Accessed: 01.05.2023).
]Search in Google Scholar
[
Srairi, S. (2013). Ownership structure and risk-taking behaviour in conventional and Islamic banks: Evidence for MENA countries. Borsa Istanbul Review, 13(4), 115-127, https://doi.org/10.1016/j.bir.2013.10.010.
]Search in Google Scholar
[
Switala, F., Kowalska, I. & Malajkat, K. (2020). Size of banks as a factor which impacts the efficiency of the bank lending channel. Financial Internet Quarterly, 16(1), 36-44, https://doi.org/10.2478/fiqf.2020-0005.
]Search in Google Scholar
[
Tabak, B.M., Gomes, G.M.R. & Medeiros, M.D.S. (2015). The impact of market power at bank level in risk-taking: the Brazilian case. International Review of Financial Analysis, 40(2015), 154-165, https://doi.org/10.1016/j.irfa.2015.05.014.
]Search in Google Scholar
[
Taboi, L. (2017). How the Kenyan banks went under African Business, https://african.business/2017/02/economy/kenyan-banks-went/ (Accessed: 01.05.2023).
]Search in Google Scholar
[
Tassev, L. (2019). Three bank failures open new chapter in never-ending financial crisis, https://news.bitcoin.com/three-bank-failures-open-new-chapter-in-neverending-financialcrisis/ (Accessed: 01.05.2023).
]Search in Google Scholar
[
Torbira, L.L. & Zaagha, A.S. (2016). Capital adequacy measures and bank financial performance in Nigeria: A cointegration analysis. Journal of Finance and Economic Research, 3(1), 15-34.
]Search in Google Scholar
[
Uhde, A. & Heimeshoff, U. (2009). Consolidation in banking and financial stability in Europe: empirical evidence. Journal of Banking and Finance, 33(7), 1299–1311, https://doi.org/10.1016/j.jbankfin.2009.01.006.
]Search in Google Scholar
[
Viñals, J., Pazarbasioglu, C., Surti, J., Narain, A., Erbenova, M.M. & Chow, M.J.T. (2013). Creating a safer financial system: will the Volcker, Vickers, and Liikanen structural measures help? International Monetary Fund, Issue 004, https://www.elibrary.imf.org/view/journals/006/2013/004/article-A001-en.xml (Accessed: 05.05.2023).
]Search in Google Scholar
[
Williams, B. (2014). Bank risk and national governance in Asia. Journal of Banking and Finance, 49(2014), 10-26, https://doi.org/10.1016/j.jbankfin.2014.08.014.
]Search in Google Scholar
[
Xu, M.T., Hu, K. & Das, M.U.S. (2019). Bank profitability and financial stability. International Monetary Fund, Issue 005, https://www.elibrary.imf.org/view/journals/001/2019/005/article-A001-en.xml (Accessed: 10.05.2023).
]Search in Google Scholar
[
Yudistira, D. (2003). Efficiency in Islamic banking: An empirical analysis of 18 banks. Unpublished Paper, Leicester-shire: Department of Economics, Loughborough University, UK, http://iaif.ir/images/khareji/articles/bank/56.pdf (Accessed: 10.05.2023).
]Search in Google Scholar
und 