Publications

• 2025

  • "The role of ESG in shaping the impact of financial development on banks' performance", 2025, European Financial Management, (with N. Arshed, M. De Sisto, M. Iqbal, S. Ul-Durar).

• "Green Innovation Optimization for Climate Change ESG Business Readiness: Role of Generative AI in BRICS Countries", 2025, European Financial Management, (with N. Arshed, M. De Sisto, M. Munir, S. Ul-Durar).

• "‘Crypto president’: Do narrative political signals drive cryptocurrency returns?", 2025, Finance Research Letters, (with S. Ben Jabeur, Z. Dhifaoui, & H. Ballouk).

• "Green Deal and financing sustainable transport in Europe: A target costing analysis", 2025, Transport Policy, (with E. Bark, G. Prause, & S. Ul-Durar).

• 2024

  • "Do Global COVOL and Geopolitical Risks Affect Clean Energy Prices? Evidence from Explainable Artificial Intelligence Models", 2024, Energy Economics, (with S. Ben Jabeur & O. Cepni).

• "Transportation resilience under Covid-19 uncertainty: a traffic severity analysis", 2024, Transportation Research Part A: Policy and Practice, (with Q. Peng, L. Wu, W. Liu, R. Kou, & K. Liu).

• "FinTech and economic readiness: institutional navigation amid climate risks", 2024, Research in International Business and Finance, (with S. Ul-Durar; N. Arshed; S. Naveed & B. Zhang).

• 2023

  • “Does banks’ systemic importance affect their capital structure adjustment process?”, 2023, Journal of Banking and Finance (with O. De Jonghe and A. Tarazi). See National Bank of Belgium Paper No 369.

• "Natural resources governance and conflicts: Retrospective analysis", 2023, Resources Policy, (with A.F. Aysan, Y., Ul-Durar, & S. Kayani).

• 2022

  • "Borrower- and lender-based macroprudential policies: what works best against bank systemic risk?", 2022, Journal of International Financial Markets, Institutions and Money, (with N. Apergis and A.F. Aysan). See LSE Business Review.

• 2021

  • “Internationalization, foreign complexity and systemic risk: evidence from European banks”, 2021, Journal of Financial Stability (with A. Nyola-Pamen).

• “How do institutional settings condition the effect of macroprudential policies on bank systemic risk?”, 2021, Economics Letters (with N. Apergis and A.F. Aysan). See LSE Business Review.

• “Assessing the impact of market logic and long-term strategic plans of top management in share buyback decisions”, 2021, Managerial Finance (with I. Demirag and T. Kungwala).

• 2020

  • “Charter value and bank stability before and after the global financial crisis of 2007–2008”, 2020, Applied Economics (with C. Rugemintwari and A. Tarazi).

• “Spillovers of the US real and financial uncertainty on the Euro area”, 2020, Applied Economic Letters (with R. Nilavongse  and A.K. Saha).

Working Papers

• "Climate Risk and Bank Capital Structure". See The Bank of Lithuania Discussion Paper Series No 32/2023.

• "Contributions of the Extreme Values Theory in the calculation of Value-at-Risk".

• "Bank Boards: Navigating Risk and Regulatory Alignment", (with U. Gilani).

• "Ethics of money laundering in banking", (with A. Ainamo and J. Mäkinen).

• "Climate Change and Bank Financial Stability".

Media

• "Why did Lehman Brothers fail?", 2023, Economics Observatory.

• "Choosing the effective macroprudential policy for financial stability", 2022, LSE Business Review.

• "New Politics for Financing Clean Shipping", 2020, Baltic Rim Economics.

• "A web-based economic decision tool for abatement investments for shipping industry", 2020, Springer (with T. Robal and G. Prause).