Sustainable banking regulations pre and during coronavirus outbreak: the moderating role of financial stability

References

• Abobakr, M. (2018). Bank specific, industry concentration, and macroeconomic determinants of Egyptian banks profitability.
   Google Scholar
• Amina, Z., & Fedhila, H. (2018). Regulation and Bank Performance. The Journal of American Business Review, 6(2), 15–22.
   Google Scholar
• Arellano, M., & Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277–297.
   Google Scholar
• Arellano, M., & Bover, O. (1995). Another look at the instrumental variable estimation of error-components models. Journal of Econometrics, 68(1), 29–51. https://doi.org/10.1016/0304-4076(94)01642-D
   Web of Science ®Google Scholar
• Awad, R., Ferreira, C., Gaston, E., & Riedweg, L. (2020). Banking sector regulatory and supervisory response to deal with Coronavirus impact (with Q and A). Monitory and capital market. Retrieved from: https://www.bis.org/press/p201126.htm
   Google Scholar
• Basel Committee. (2020). Basel Committee coordinates policy and supervisory response to Covid-19, Press release, 20 March 2020.
   Google Scholar
• Blundell, R., & Bond, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87(1), 115–143.
   Google Scholar
• Cantu, C., Claessens, S., & Gambacorta, L. (2020). How do bank-specific characteristics affect lending? New evidence based on credit registry data from Latin America. Journal of Banking & Finance, 13(5), 102. https://doi.org/10.3390/jrfm13050102
   Web of Science ®Google Scholar
• Chang, C. L., McAleer, M., & Wong, W. K. (2020). Risk and financial management of COVID-19 in business, economics and finance.
   Google Scholar
• Dima, B., Dincă, M. S., & Spulbăr, C. (2014). Financial nexus: Efficiency and soundness in banking and capital markets. Journal of International Money and Finance, 47, 100–124. https://doi.org/10.1016/j.jimonfin.2014.05.002
   Web of Science ®Google Scholar
• Disemadi, H. S., & Shaleh, A. I. (2020). Banking credit restructuring policy amid COVID-19 pandemic in Indonesia. Journal Inovasi Ekonomi, 5(2)https://doi.org/10.22219/jiko.v5i3.11790
   Google Scholar
• Ejaz, M. (2019). Regulatory capital regime, competition and stability: The case study of banking sector of Pakistan. Competition and stability: The Case Study of Banking Sector of Pakistan (June 30, 2019).
   Google Scholar
• Fama, E. (1965). The behavior of stock market prices. The Journal of Business, 38(1), 34–105. https://doi.org/10.1086/294743
   Web of Science ®Google Scholar
• International Monetary Fund, & World Bank. (2020). COVID-19: The Regulatory and Supervisory Implications for the Banking Sector.
   Google Scholar
• Ji, X., Zhang, Y., Mirza, N., Umar, M., & Rizvi, S. K. A. (2021). The impact of carbon neutrality on the investment performance: evidence from the equity mutual funds in BRICS. Journal of Environmental Management, 297, 113228.
   PubMed Web of Science ®Google Scholar
• Karim, S., Rabbani, M. R., & Khan, M. A. (2021a). Determining the key factors of corporate leverage in Malaysian service sector firms using dynamic modeling. Journal of Economic Cooperation and Development, 42(3), 1–20.
   Google Scholar
• Karim, S., Rabbani, M. R., & Bawazir, H. (2021b). Voluntary impacts of the risk management committee attributes on firm performance: Do board size matter? Asian Academy of Management Journal, 21(4), 608–625.
   Google Scholar
• Karim, S. (2021a). An investigation into the remuneration-CSR nexus and if it can be affected by board gender diversity. Corporate Governance: The International Journal of Business in Society, https://doi.org/10.1108/CG-08-2020-0320
   Web of Science ®Google Scholar
• Karim, S. (2021b). Do women on corporate boardrooms influence the remuneration patterns and socially responsible practices? Malaysian Evidence. Equality, Diversity, and Inclusion. Equality, Diversity and Inclusion: An International Journal, 40(5), 559–576. https://doi.org/10.1108/EDI-07-2020-0213
   Web of Science ®Google Scholar
• Karim, S., Manab, N. A., & Ismail, R. B. (2019). Legitimising the role of corporate boards and corporate social responsibility on the performance of Malaysian Listed Companies. Indian Journal of Corporate Governance, 12(2), 125–141. https://doi.org/10.1177/0974686219881092
   Google Scholar
• Karim, S., Manab, N. A., & Ismail, R. B. (2020a). Assessing the governance mechanisms, corporate social responsibility and performance: The moderating effect of board independence. Global Business Review, 097215092091777. https://doi.org/10.1177/0972150920917773
   Web of Science ®Google Scholar
• Karim, S., Manab, N. A., & Ismail, R. B. (2020b). The interaction effect of independent boards on CG-CSR and performance nexus. Asian Academy of Management Journal, 25(1), 61–84. https://doi.org/10.21315/aamj2020.25.1.4
   Web of Science ®Google Scholar
• Karim, S., Manab, N. A., & Ismail, R. B. (2020c). The dynamic impact of board composition on CSR practices and their mutual effect on organizational returns. Journal of Asia Business Studies, 14(4), 463–479. https://doi.org/10.1108/JABS-07-2019-0214
   Web of Science ®Google Scholar
• Kassem, N. M., & Sakr, A. (2018). The Impact of Bank-Specific Characteristics on the Profitability of Commercial Banks in Egypt. Journal of Finance and Bank Management, 6(2), 76–90. https://doi.org/10.15640/jfbm.v6n2a8
   Google Scholar
• Kohlscheen, E., Murcia, A., & Contreras, J. (2018). Determinants of bank profitability in emerging markets. BIS Working Papers, (686)
   Google Scholar
• Khullar, A., Kumar, A., Saha, A., & Akbar, M. (2020). COVID-19 impact on financial services risk and compliances. Infosys Limited.
   Google Scholar
• Larbi-Odam, C., Awuah, K., & Frimpong-Kwakye, J. (2020). Financial risk implications of COVID-19 on banks. Deloitte.
   Google Scholar
• Lucey, B. M., & Zhang, Q. (2011). Financial integration and emerging markets capital structure. Journal of Banking & Finance, 35(5), 1228–1238. https://doi.org/10.1016/j.jbankfin.2010.10.017
   Web of Science ®Google Scholar
• Menicucci, E., & Paolucci, G. (2016). The determinants of bank profitability: empirical evidence from European banking sector. Journal of Financial Reporting and Accounting, 14(1), 86–115. https://doi.org/10.1108/JFRA-05-2015-0060
   Web of Science ®Google Scholar
• Myers, S. C., & Majluf, N. S. (1984). Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics, 13(2), 187–221. https://doi.org/10.1016/0304-405X(84)90023-0
   Web of Science ®Google Scholar
• Naeem, M. A., Hasan, M., Arif, M., Balli, F., & Shahzad, S. J. H. (2020). Time and frequency domain quantile coherence of emerging stock markets with gold and oil prices. Physica A: Statistical Mechanics and Its Applications, 553, 124235. https://doi.org/10.1016/j.physa.2020.124235
   Web of Science ®Google Scholar
• Naeem, M. A., & Karim, S. (2021). Tail dependence between bitcoin and green financial assets. Economics Letters, 208, 110068. https://doi.org/10.1016/j.econlet.2021.110068
   Web of Science ®Google Scholar
• Naeem, M. A., Adekoya, O. B., & Oliyide, J. A. (2021a). Asymmetric spillovers between green bonds and commodities. Journal of Cleaner Production, 314, 128100. https://doi.org/10.1016/j.jclepro.2021.128100
   Web of Science ®Google Scholar
• Naeem, M. A., Mbarki, I., Alharthi, M., Omri, A., & Shahzad, S. J. H. (2021b). Did COVID-19 impact the connectedness between green bonds and other financial markets? Evidence from time-frquency domain wih portfolio implications. Frontiers in Environmental Science, 9 https://doi.org/10.3389/fenvs.2021.657533
   Web of Science ®Google Scholar
• Naeem, M. A., Nguyen, T. T. H., Nepal, R., Ngo, Q. T., & Taghizadeh–Hesary, F. (2021c). Asymmetric relationship between green bonds and commodities: Evidence from extreme quantile approach. Finance Research Letters, 101983
   Google Scholar
• Naeem, M. A., Hasan, M., Arif, M., & Shahzad, S. J. H. (2020a). Can bitcoin glitter more than gold for investment styles? SAGE Open, 10(2), 1–7. https://doi.org/10.1177/2158244020926508
   PubMed Web of Science ®Google Scholar
• Naqvi, B., Mirza, N., Rizvi, S. K. A., Porada-Rochoń, M., & Itani, R. (2021). Is there a green fund premium? Evidence from twenty seven emerging markets. Global Finance Journal, 50, 100656. https://doi.org/10.1016/j.gfj.2021.100656
   Web of Science ®Google Scholar
• Nurul, K. M., & Worthington, A. C. (2015). The ‘competition–stability nexus’: Is efficiency an appropriate channel?. (No. finance: 201514). Department of Accounting, Finance and Economics.
   Google Scholar
• OECD. (2020). Global Financial Markets Policy Responses to COVID-19 March2020 www.oecd.org/coronavirus
   Google Scholar
• Rabbani, M. R., Bashar, A., Nawaz, N., Karim, S., Ali, M. A. M., Rahiman, H. U., & Alam, M. (2021). Exploring the Role of Islamic Fintech in Combating the Aftershocks of COVID-19: The Open Social Innovation of the Islamic Financial System. Journal of Open Innovation: Technology, Market, and Complexity, 7(2), 136. https://doi.org/10.3390/joitmc7020136
   Google Scholar
• Sanderson, A., & Pierre, L. R. (2016). Determinants of Banking Sector Profitability in Zimbabwe. International Journal of Economics and Financial Issues, 6(3), 845–854.
   Google Scholar
• Sheikh, N. A., & Karim, S. (2015). Effects of internal governance indicators on performance of commercial banks in Pakistan. Pakistan Journal of Social Sciences, 35(1), 77–90.
   Google Scholar
• Sheikh, N. A., & Karim, S. (2016). Determinants of profitability of Islamic commercial banks: evidence from Pakistan. Pakistan Journal of Islamic Research, 17, 71–78.
   Google Scholar
• State Bank of Pakistan. (2020). Guidelines on stress testing. https://www.sbp.org.pk/fsd/2020/Annex-A.pdf
   Google Scholar
• Umar, M., Su, C. W., Rizvi, S. K. A., & Shao, X. F. (2021a). Bitcoin: A safe haven asset and a winner amid political and economic uncertainties in the US? Technological Forecasting and Social Change, 167, 120680. https://doi.org/10.1016/j.techfore.2021.120680
   Web of Science ®Google Scholar
• Umar, M., Su, C. W., Rizvi, S. K. A., & Lobonţ, O. R. (2021b). Driven by fundamentals or exploded by emotions: Detecting bubbles in oil prices. Energy, 231, 120873. https://doi.org/10.1016/j.energy.2021.120873
   Web of Science ®Google Scholar
• Umar, M., Ji, X., Mirza, N., & Naqvi, B. (2021c). Carbon neutrality, bank lending, and credit risk: evidence from the Eurozone. Journal of Environmental Management, 296, 113156. https://doi.org/10.1016/j.jenvman.2021.113156
   PubMed Web of Science ®Google Scholar
• Umar, M., Ji, X., Mirza, N., & Rahat, B. (2021d). The impact of resource curse on banking efficiency: Evidence from twelve oil producing countries. Resources Policy, 72, 102080. https://doi.org/10.1016/j.resourpol.2021.102080
   Web of Science ®Google Scholar