Hanif, Hasan; Naveed, Muhammad; Ur Rehman, Mobeen - In: Cogent Business & Management 6 (2019), pp. 1-17
The study examines the systemic risk of banking sector in Pakistan and elucidates the factors that exacerbate the … systemic risk taking. First, a systemic risk measure ∆CoVaR is applied to analyze the contribution of individual institution to … the whole financial system. Secondly, systemic risk and firm value are modeled in static and dynamic frameworks to measure …