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ریسک نقدینگی تامین مالی
Using quarterly data for U.S. bank holding companies from 1986 to 2014, we find evidence that banks having lower funding liquidity risk as proxied by higher deposit ratios, take more risk.
A reduction in banks' funding liquidity risk increases bank risk as evidenced by higher risk-weighted assets, greater liquidity creation and lower Z-scores.
However, our results show that bank size and capital buffers usually limit banks from taking more risk when they have lower funding liquidity risk.
Moreover, during the Global Financial Crisis banks with lower funding liquidity risk took less risk.
Therefore, better understand- ing the potential relation between banks' funding liquidity risk and their risk-taking behaviour is of paramount importance when cur- rent regulatory reforms in global banking regulation have focused
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