Outputs (4)

How does banking market power affect bank opacity? Evidence from analysts' forecasts (2018)
Journal Article
Fosu, S., Danso, A., Agyei-Boapeah, H., Ntim, C. G., & Murinde, V. (2018). How does banking market power affect bank opacity? Evidence from analysts' forecasts. International Review of Financial Analysis, 60, 38-52. https://doi.org/10.1016/j.irfa.2018.08.015

Whilst the ongoing banking regulatory reforms towards a comprehensive Basel III framework emphasise bank transparency, disclosure and a competitive banking market environment, very little is known about the empirical relationship between bank opacity... Read More about How does banking market power affect bank opacity? Evidence from analysts' forecasts.

Climate Change and the Cost of Capital in Developing Countries (2018)
Report
Buhr, B., Volz, U., Donovan, C., Kling, G., Lo, Y. C., Murinde, V., & Pullin, N. (2018). Climate Change and the Cost of Capital in Developing Countries

This report represents the first systematic effort to assess the relationship between climate vulnerability, sovereign credit profiles, and the cost of capital in developing countries. Climate risks are multi-dimensional, covering a range of geophysi... Read More about Climate Change and the Cost of Capital in Developing Countries.

Bank fragility in Africa: GMM dynamic panel data evidence (2018)
Journal Article
Kedir, A. M., Iftikhar, S. F., Murinde, V., & Dia Kamgnia, B. (2018). Bank fragility in Africa: GMM dynamic panel data evidence. Transnational Corporations Review, 10(2), 170-178. https://doi.org/10.1080/19186444.2018.1475105

This study investigates the impact of bank-level and macroeconomic variables on bank fragility using a dynamic two-step GMM panel estimator on 433 banks in 46 African countries over the period 1997–2012. The study finds that both bank characteristics... Read More about Bank fragility in Africa: GMM dynamic panel data evidence.

Climate Vulnerability and the Cost of Debt (2018)
Preprint / Working Paper
Kling, G., Lo, Y. C., Murinde, V., & Volz, U. Climate Vulnerability and the Cost of Debt. London

We use indices from the Notre Dame Global Adaptation Initiative to investigate the impact of climate vulnerability on bond yields. Our methodology invokes panel ordinary least squares with robust standard errors and principal component analysis. The... Read More about Climate Vulnerability and the Cost of Debt.