Utilizing bank-level data and a Mixed Frequency VAR approach, this study examines the effects of a shock at the economic sentiment on European banks’ profitability during the 1995–2019 period. We find that a greater shock in economic sentiment leads to a persistent and gradually amplified...

A strongly quantitative research to investigate whether and how the components of the internal control systems affect the US banking sector. Based on COSO, Basel Committee Frameworks and on the literature, the components of the internal controls were quantified. Independent variables were...