We examine the effect of cash holdings on bank profitability using a worldwide database. Unlike previous studies, we … model it as a non-monothonic relationship. We consider as a proxy for banks' profitability the return on equity and the … profitability. Also, we show that banks in emerging markets (BRICS) hold more cash than banks in developed countries (G7). Moreover …

of persistence of excess profit from one year to the next. It is plausible that if there is a shock to profitability … Microfinance institutions (MFIs) profitability. This study examines the determinant, persistence and convergence of MFIs … profitability in thirty two Africa economies, between 1997 and 2008, using a dynamic panel model. Estimation results shows evidence …