How do the risk taking behaviors of banks impact their profitability: An analysis of risk efficiency of Turkish banks
Küçük Resim Yok
Tarih
2008
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
World Scientific And Engineering Acad And Soc
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
One of the major determinants of bank performance is risk. In this study we combine the risk taking behavior and efficiency literature, by employing risk measures to assess performance with efficiency frontier models. Our empirical analysis extends the existing literature by examining the risk behavior of banks in different dimensions covering major risk measures such as capital adequacy ratio, short term repricing gap, and deposits ratio. The output variable for measuring performance is net profits adjusted for the cost of free capital. Our findings show that capital adequacy ratio negatively impacts adjusted profit performance. Overall, large banks and publicly held banks are more risk efficient compared to their counterparts.
Açıklama
2nd WSEAS International Conference on Management, Marketing and Financing -- MAR 24-26, 2008 -- Univ Harvard, Grad Sch Educ, Cambridge, MA
Anahtar Kelimeler
X-Efficiency, Turkish Banking Sector, Risk Efficiency, Short Term Repricing Gap, Capital Adequacy Ratio, Stochastic Frontier Analysis, Financial Institutions, Ownership Structure, Corporate-Control
Kaynak
Proceedings of The 2nd Wseas International Conference on Management, Marketing and Finances: Recent Advances on Development and Financial Engineering
WoS Q Değeri
N/A
