Amin, Abu S.; Iman, Mahmood Osman; Malik, Mahfuja - 2023
to only 10.0% in 2012. We find that at a micro-level this dramatic improvement is associated with bank management quality … and internal governance that were substantially enhanced during a decade of large-scale regulatory reforms. The bank …-level findings persist even after controlling for market monitoring, bank- and industry-level factors and macroeconomic variables …