The impact of political instability on risk-taking in the banking sector: International evidence using a dynamic panel data model (System-GMM)

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dc.contributor.authorRezgallah, Hamed
dc.contributor.authorOzatac, Nesrin
dc.contributor.authorKatircioglu, Salih
dc.date.accessioned2026-02-06T18:33:39Z
dc.date.issued2019
dc.departmentDoğu Akdeniz Üniversitesi
dc.description.abstractThis paper contributes to the existing literature by investigating the impact of political instability risk on risk-taking in the banking sector of 75 countries, which is the first attempt for this nexus to the best of our knowledge. The dynamic panel data model (System-GMM) showed that political instability risk significantly increases risk-taking in the banking sector. Besides, corruption levels and government ineffectiveness are the most important channels of political instability that affect the banking sector risk. The results also actively support the too big to fail hypothesis. Finally, the robustness results confirm the conclusions derived from the baseline System-GMM model.
dc.identifier.doi10.1002/mde.3075
dc.identifier.endpage906
dc.identifier.issn0143-6570
dc.identifier.issn1099-1468
dc.identifier.issue8
dc.identifier.orcid0000-0001-5108-9461
dc.identifier.scopus2-s2.0-85070785226
dc.identifier.scopusqualityQ2
dc.identifier.startpage891
dc.identifier.urihttps://doi.org/10.1002/mde.3075
dc.identifier.urihttps://hdl.handle.net/11129/11426
dc.identifier.volume40
dc.identifier.wosWOS:000481050000001
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherJohn Wiley & Sons Ltd
dc.relation.ispartofManagerial and Decision Economics
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20260204
dc.subjectInstrumental-Variable Estimation
dc.subjectEconomic-Growth
dc.subjectCountry Risk
dc.subjectPerformance Evidence
dc.subjectNational Culture
dc.subjectMonetary-Policy
dc.subjectInstitutions
dc.subjectGlobalization
dc.subjectTransition
dc.subjectInflation
dc.titleThe impact of political instability on risk-taking in the banking sector: International evidence using a dynamic panel data model (System-GMM)
dc.typeArticle

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