BANKING RESILIENCE

The banking industry plays a critical role in ensuring global economic and financial stability. Effective governance is essential for mitigating bank risk-taking and limiting managerial opportunism in this industry, which is constantly under regulatory and market scrutiny. However, the complexity and diversity of banking financial instruments and transactions gives rise to substantial information asymmetries and ongoing debates regarding contemporary governance, sustainability, and data innovation issues. This book is one of the first to address these contemporary issues collectively, offering a comprehensive and holistic understanding of the challenges and opportunities facing the global banking industry. It provides new insights, evidence-based recommendations, and future perspectives on the role of governance mechanisms, digital innovation, climate change, and green finance in shaping the industry pre- and post-COVID-19. The book is a valuable resource for a wide range of stakeholders in the banking sector, including international regulators, practitioners, policymakers, institutional investors, and auditors. It features contributions from renowned international scholars and offers a variety of theoretical, empirical, and policy-based perspectives. It provides updated evidence and new insights crucial for rethinking the global banking model and dominant regulations, and offers evidence-based recommendations and measures for promoting financial stability and resilience in this industry. Contents: Board Diversity and Implications on Banking: Board Characteristics and Corporate Governance: A Historical Review of the Banking Industry (Bao Trung Hoang and Cesario Mateus) Board Gender Diversity and Bank Performance: Evidence from Australia (Jacie Jia Liu, Kevin Daly, and Anil V Mishra) Board Diversity on Bank Stability: The Impact of Cultural Openness to Diversity (Rana Hamaid Alharbi) Women on Bank Board and Board Effectiveness in India (T V Venkatarathna, Shreya Biswas, and Nivedita Sinha) Social Responsibility and Sustainability: Socially Responsible Banks (Vu Quang Trinh and Teng Li) Climate Finance, Policy Uncertainty, and Global Financial Stability: A Systematic Review Through Bibliometric Analysis (Hai Hong Trinh) The Impact of Secrecy and Collective Intelligence on Accrual Earnings Management: International Evidence (Raida Chakroun and Adem Abdellatif) The Impact of the Pandemic on the Financial Markets: The Resilience of GCC Islamic Banks During the COVID-19 Crisis (Ahmet Faruk Aysan and Farah Ahmed Hersi) Bank Risk: Evidence from Political Connections and Digital Innovation: How Does FinTech Affect Bank Diversification versus Specialization Decisions? Evidence for the Chinese Banking Industry (Minzhi Wu and Emili Tortosa-Ausina) Optimum and Coherent Economic Capital Forecasts with Reinforcement Machine Learning: Evidence from Optimization Algorithms under Long and Short-Sales Multiple Asset Portfolios of Emerging Markets (Mazin A M Al Janabi) Risk Spillover Effect of Internet Finance: Evidence from Chinese Securities Companies (Panagiotis E Dimitropoulos) Venturing into New Ways of Regulatory Reporting and Systemic Risk Analysis (Henriette Elise Breymann, Patrick Hauf, and Christoph Künzle) Political Connections and Capital Structure in the GCC Banks (Fatma Ahmed and Mohammed Elgammal) A Global Taxonomy of Flash Crashes: Cases Demonstrating the Operation and Impact of High-Frequency Traders (Priya Makhija, Elizabeth Chacko, and Megha Kukreja) Readership: The primary markets for the book are academic libraries, students of Business, Economics or Finance, (undergraduate, graduate, and postgraduate), and practitioners and policymakers (financial analysts, financial institutions, rating agencies, lawyers, regulators, etc.). While this volume is not primarily intended as a textbook, it can definitively be used for class teaching given that we only consider conceptual chapters and those with case studies inside. Key...