of systemic risk, confirming that a higher level of share pledging is associated with a firm’s greater contribution to … systemic risk in the stock market. By increasing firm risk and value and by reducing firm profitability and information … disclosure, share pledging is positively related to systemic risk. We also find a less positive relationship between share …

In this paper we first detect the impact of tech-driven downturns on US and EU diversified financials’ systemic risk … exacerbate systemic risk more than crypto ones. A better performance of BigTechs reduces financial systemic risk, with an … might end up with an increase in systemic risk even under bullish circumstances. We provide useful insights in the …

Chinese financial networks. We also measure the systemic risk contribution of financial institutions via ∆CoVaR and detect the … relationship between the risk spreading ability and the systemic risk contribution of financial institutions. Our findings show … institutions with larger risk spreading ability contribute more to the systemic risk, (iii) the COVID-19 pandemic has significantly …

We examine the systemic risk of 61 SIFIs (i.e., 33 G-SIBs and 28 IAIGs) between 2010 and 2023. We estimate SIFI’s CoVaR … using a single index model with LASSO variable selection and construct a set of tail risk network-based systemic risk …’s systemic risk. We also find that the systemic risk of G-SIB Grangerly causes the systemic risk of IAIG, but not vice versa. Our …

This paper studies the nature of systemic risk as an ongoing threat within the Colombian financial system, focusing on … the derivatives market and SIFIs' designation design. By doing so, it overviews the leading literature on systemic risk to … insights framed into three categories: (1) An over-comprehensive definition of derivatives and systemic risk that could …

This paper investigates the effect of economic policy uncertainty (EPU) on the systemic risk of the fintech industry …. To achieve this goal, we first estimate the evolution of system-wide systemic risk using the Catastrophic Risk in the … coherence approaches, to examine whether EPU significantly affects systemic risk. Our findings demonstrate that the systemic …

Taking the digital transformation of commercial banks as the entry point and the effective prevention of systemic risk … the systemic risk of banks, and then developed an empirical test. The results show that: (1) The digital transformation of … and systemic risk, with the mediating effect for bank risk-taking and the suppression effect for inter-bank linkages. (3 …

This paper investigates macroprudential policy effects on bank systemic risk and the role of inflation targeting in … tightening of most macroprudential tools—including DSTI and LTV limits, and capital requirements—reduces bank systemic risk …

investments is a crucial question. Our research examines the influence of ESG performance on bank systemic risk. By analyzing 36 … listed banks in China, we found higher ESG performance increases the level of bank systemic risk spillovers. This impact on … systemic risk is attributed to the expansion of interbank operations and decreased bank liquidity. Notably, the impact is more …