All Outputs (9)

CEO turnover in large banks : does tail risk matter? (2017)
Journal Article
Srivastav, A., Keasey, K., Mollah, S., & Vallascas, F. (2017). CEO turnover in large banks : does tail risk matter?. Journal of Accounting and Economics, 64(1), 37-55. https://doi.org/10.1016/j.jacceco.2017.05.001

Using a unique international dataset, we show that the CEOs of large banks exhibit an increased probability of forced turnover when their organizations are more exposed to idiosyncratic tail risks. The importance of idiosyncratic tail risk in CEO dis... Read More about CEO turnover in large banks : does tail risk matter?.

Does the impact of board independence on large bank risks change after the global financial crisis? (2017)
Journal Article
Vallascas, F., Mollah, S., & Keasey, K. (2017). Does the impact of board independence on large bank risks change after the global financial crisis?. Journal of Corporate Finance, 44, 149-166. https://doi.org/10.1016/j.jcorpfin.2017.03.011

The view that the independent directors of large banks should contribute to safeguarding the interests of bank creditors and taxpayers, by exercising a stringent risk oversight of bank executives, has gained ground in the aftermath of the 2007-2009 c... Read More about Does the impact of board independence on large bank risks change after the global financial crisis?.

Governance and bank characteristics in the credit and sovereign debt crises – the impact of CEO power (2016)
Journal Article
Mollah, S., & Liljeblom, E. (2016). Governance and bank characteristics in the credit and sovereign debt crises – the impact of CEO power. Journal of Financial Stability, 27(December), 59-73. https://doi.org/10.1016/j.jfs.2016.09.003

The global financial sector recently suffered from two interrelated crises: the credit crisis and the sovereign debt crisis. A common question is whether the recent experience with the credit crisis has helped in dealing with the sovereign debt crisi... Read More about Governance and bank characteristics in the credit and sovereign debt crises – the impact of CEO power.

The governance, risk-taking, and performance of Islamic banks (2016)
Journal Article
Mollah, S., Hassan, M. K., Al Farooque, O., & Mobarek, A. (2017). The governance, risk-taking, and performance of Islamic banks. Journal of Financial Services Research, 51(2), 195-219. https://doi.org/10.1007/s10693-016-0245-2

We examine whether the difference in governance structures influences the risk taking and performance of Islamic banks compared to conventional banks. Using a sample of 52 Islamic banks and 104 conventional banks in 14 countries for the period from 2... Read More about The governance, risk-taking, and performance of Islamic banks.

Determinants of time varying co-movements among international stock markets during crisis and non-crisis periods (2016)
Journal Article
Mollah, S., Hou, A. J., Mobarek, A., & Muradoglu, G. (2016). Determinants of time varying co-movements among international stock markets during crisis and non-crisis periods. Journal of Financial Stability, 24, 1-11. https://doi.org/10.1016/j.jfs.2016.03.003

In this paper, we use the DCC MIDAS approach to assess the validity of the wake-up call hypothesis for developed and emerging markets during the global financial crisis (GFC). We use this approach to decompose the total correlations into short- (dail... Read More about Determinants of time varying co-movements among international stock markets during crisis and non-crisis periods.

Equity market contagion during global financial and Eurozone crises : evidence from a dynamic correlation analysis (2016)
Journal Article
Mollah, S., Quoreshi, A. M. M. S., & Zafirov, G. (2016). Equity market contagion during global financial and Eurozone crises : evidence from a dynamic correlation analysis. Journal of International Financial Markets, Institutions and Money, 41, 151-167. https://doi.org/10.1016/j.intfin.2015.12.010

The devastation resulting from the recent global financial and Eurozone crises is immense. Most researchers commonly believe that the global financial crisis originated in the United States, and spread immediately to global financial hubs where it ev... Read More about Equity market contagion during global financial and Eurozone crises : evidence from a dynamic correlation analysis.

Shari’ah supervision, corporate governance and performance: conventional vs. Islamic banks (2015)
Journal Article
Mollah, S., & Zaman, M. (2015). Shari’ah supervision, corporate governance and performance: conventional vs. Islamic banks. Journal of Banking and Finance, 58, 418-435. https://doi.org/10.1016/j.jbankfin.2015.04.030

The performance and accountability of boards of directors and effectiveness of governance mechanisms continue to be a matter of concern. Focusing on differences between conventional banks and Islamic banks, we examine the effect of (i) Shari’ah super... Read More about Shari’ah supervision, corporate governance and performance: conventional vs. Islamic banks.

A cross-country analysis of herd behavior in Europe (2014)
Journal Article
Mobarek, A., Mollah, S., & Keasey, K. (2014). A cross-country analysis of herd behavior in Europe. Journal of International Financial Markets, Institutions and Money, 32, 107-127. https://doi.org/10.1016/j.intfin.2014.05.008

This paper examines country specific herding behavior in European liquid constituent indices for the period of 2001-2012. While we report insignificant results for the whole period, we document significant herding behavior during crises and asymmetri... Read More about A cross-country analysis of herd behavior in Europe.

Do dividends signal future earnings in the Nordic stock markets? (2013)
Journal Article
Liljeblom, E., Mollah, S., & Rotter, P. (2015). Do dividends signal future earnings in the Nordic stock markets?. Review of Quantitative Finance and Accounting, 44(3), 493-511. https://doi.org/10.1007/s11156-013-0415-3

We study the informational content of dividends on three Nordic civil law markets, where other simultaneous but blurring motives for dividends may be weaker. Using aggregate data on real earnings per share and payout ratios, long time series from 196... Read More about Do dividends signal future earnings in the Nordic stock markets?.