This study examines empirically whether the stock price crash risk of euro area banks’ is affected by crisis sentiment during the period 2004-2020. We introduce a diverse set of crisis sentiment aspects, including communication and investors’ focus of attention to market wide sentiment. We...

This study empirically examines whether the stock price crash risk of euro area banks is affected by crisis sentiment during the period 2004-2020. We introduce a diverse set of crisis sentiment aspects, including communication and investors’ focus of attention to market wide sentiment. We...