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A total of 27 countries were considered as those data are available on the \u201cEPU index\u201d introduced by Baker <jats:italic>et\u00a0al<\/jats:italic>. (2016) for 2011\u20132020. To estimate the core results, the dynamic panel generalized method of moments (GMM) has been used to examine the effects of IQ and EPU on bank risk-taking behavior. Later, this study also validates the core results by using two-stage least squares (2SLS).<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-subheading\">Findings<\/jats:title><jats:p>The authors found a positive relationship between EPU and banks' risk-taking behavior of banks', but imperatively, a significant and negative relationship exists between IQ and bank risk-taking behavior. This study also has a remarkable and distinct findings from Uddin <jats:italic>et\u00a0al.<\/jats:italic> (2020) one of the vital indicators of IQ quality measurement \u201cvoice and accountability\u201d (VACC) impacted negatively on bank risk-taking behavior. It indicates that when VACC is well established, banks tend to take the low risk under the prevailing EPU conditions and vice-versa. Moreover, the lagged dependent variable significantly impacted the bank's risk-taking negatively.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-subheading\">Originality\/value<\/jats:title><jats:p>To the best of the authors' knowledge, very few studies endeavored to investigate the dominance or impact level of IQ and EPU on the area, i.e. bank risk-taking behavior which inspired us to contribute to the banking literature to address this issue in a broader aspect \u2013 the connection between EPU and bank risk-taking behavior, also a relationship between IQ and bank risk-taking behavior and finally linking them with bank risk-taking behavior.<\/jats:p><\/jats:sec>","DOI":"10.1108\/k-07-2022-1004","type":"journal-article","created":{"date-parts":[[2022,12,19]],"date-time":"2022-12-19T22:59:40Z","timestamp":1671490780000},"page":"1148-1167","source":"Crossref","is-referenced-by-count":16,"title":["Impacts of economic policy uncertainty (EPU) and institutional quality (IQ) on bank risk-taking behavior"],"prefix":"10.1108","volume":"53","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-9226-5131","authenticated-orcid":false,"given":"Syed","family":"Moudud-Ul-Huq","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Runa","family":"Akter","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"140","published-online":{"date-parts":[[2022,12,22]]},"reference":[{"issue":"3","key":"key2024021304193534000_ref001","doi-asserted-by":"crossref","first-page":"561","DOI":"10.1177\/0972150919879304","article-title":"The interactional relationships between credit risk, liquidity risk and bank profitability in MENA region","volume":"23","year":"2022","journal-title":"Global Business Review"},{"key":"key2024021304193534000_ref002","doi-asserted-by":"publisher","DOI":"10.1016\/j.jfs.2021.100936","article-title":"Economic uncertainty and corruption: evidence from public\u00a0and private firms","volume":"57","year":"2021","journal-title":"Journal of Financial Stability"},{"key":"key2024021304193534000_ref003","article-title":"Political risk and bank stability in the Middle East and North Africa region","volume":"60","year":"2020","journal-title":"Pacific-Basin Finance Journal"},{"key":"key2024021304193534000_ref004","article-title":"Economic policy uncertainty: a literature review","volume":"20","year":"2019","journal-title":"The Journal of Economic Asymmetries"},{"key":"key2024021304193534000_ref005","doi-asserted-by":"crossref","unstructured":"Alessandri, P. and Bottero, M. 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