Is financial institutions' stability of BRICS block responsive to uncertain dimensions?

Artikel

The aim of this seminal paper is the empirical analysis of geopolitical risk, economic policy uncertainty, financial stress, and infectious diseases' impact on financial institutions' stability at the country level. The quantitative research approach followed by regression analysis is employed using monthly time series data between January 2000 and January 2021. Separate models are performed for individual countries with and without control variables. The outcomes of this work suggest that geopolitical risk, economic policy uncertainty, financial stress, and infectious diseases hold adverse effects on the financial institutions' stability. There is evidence of declining financial institutions' stability with the rising level of predicting dimensions. The research is limited to the BRICS block but has paramount significance for literature enrichment and policymakers. The findings can assist decision-makers to plan for uncertain events disrupting the financial system. More rigorous research techniques can be levered to endorse the consistency of the evidence. The dimensions adopted in this study address the ongoing paradigm of research. The financial institutions' stability at the country level is a value addition of this work with the selection of persistent and novel predictors of financial systems like financial stress and infectious diseases.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Cogent Business & Management ; ISSN: 2331-1975 ; Volume: 9 ; Year: 2022 ; Issue: 1 ; Pages: 1-13

Klassifikation und Themen

• Klassifikation: Management
• Thema: economic policy uncertainty ; financial institutions stability ; financial stress ; Geopolitical risk ; infectious diseases

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Aftab, Rehan ; Naveed, Muhammad
• Ereignis: Veröffentlichung
• (wer): Taylor & Francis
• (wo): Abingdon
• (wann): 2022

Weitere Informationen

• DOI: doi:10.1080/23311975.2021.2010484
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ