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Isolated Kerr black holes are thermodynamically stable with respect to axisymmetric perturbations. Holes in a heat bath may be stable with large enough angular momentum. Isolated or not, at a fixed angular velocity divided by the temperature they are all unstable. The stability of the "inner horizons" has also been considered. Isolated inner horizons are stable. With different constraints, they are either stable or unstable. The analysis concerns pure black holes. Thermal radiation around black holes is treated as one of their possible circumstances. The effects of back reaction on the metric and nonconstancy of temperature in a heat bath have been neglected.
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Osamu Kaburaki
Isao Okamoto
Joseph Katz
Physical review. D. Particles, fields, gravitation, and cosmology/Physical review. D. Particles and fields
Tohoku University
National Astronomical Observatory of Japan
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Kaburaki et al. (Mon,) studied this question.
www.synapsesocial.com/papers/6a08dcd527ceb0c2a2d60a6e — DOI: https://doi.org/10.1103/physrevd.47.2234