Emerging Themes in Banking: Recent Literature and Directions for Future Research

46 Pages Posted: 2 Nov 2009

See all articles by John O. S. Wilson

John O. S. Wilson

University of St. Andrews

Barbara Casu

City University London - Sir John Cass Business School

Claudia Girardone

University of Essex - Essex Business School

Philip Molyneux

University of Sharjah - College of Business Administration

Date Written: November 2, 2009

Abstract

This paper presents a review of the recent literature in banking around the core themes of performance, risk and governance of financial institutions. We write this review against the backdrop of the recent financial crisis and the major changes it caused to banking sectors in many countries. There are several themes emerging from this review, but the overarching issue relates to the need to better understand bank risk taking incentives and the implications for systemic stability. There is a need for more work on the role of safety net subsidies and how these are linked to systemic risk; financial innovation and the adoption of new products and processes and the linkage to risk-taking, market returns or contagion. There is also a need to better understand the relationship between competition and risk, and understand the interconnections between capital, profitability, liquidity and risk.

Suggested Citation

Wilson, John O. S. and Casu, Barbara and Girardone, Claudia and Molyneux, Philip, Emerging Themes in Banking: Recent Literature and Directions for Future Research (November 2, 2009). Available at SSRN: https://ssrn.com/abstract=1498474 or http://dx.doi.org/10.2139/ssrn.1498474

John O. S. Wilson (Contact Author)

University of St. Andrews ( email )

North St
Saint Andrews, Fife KY16 9AJ
United Kingdom

Barbara Casu

City University London - Sir John Cass Business School ( email )

106 Bunhill Row
London, EC1Y 8TZ
United Kingdom

Claudia Girardone

University of Essex - Essex Business School ( email )

Wivenhoe Park
Colchester CO4 3SQ
United Kingdom
+44 1206874156 (Phone)
+44 1206873429 (Fax)

HOME PAGE: http://www.essex.ac.uk/ebs/staff/profile.aspx?ID=1045

Philip Molyneux

University of Sharjah - College of Business Administration ( email )

University City Road
Sharjah, 27272
United Arab Emirates

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