Financial markets development and bank risk : Experience from Thailand during 1990 – 2012

  • Chaiporn Vithessonthi
  • Published 2015
The relation between financial markets development and bank risk in Thailand during 1990–2012 is examined. After controlling for macro-level and firm-level variables, stock market development is positively associated with banks’ capitalization ratio, and is negatively related to their beta. While banking sector development has no effect on the banks… CONTINUE READING