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The Determinants of Commercial Banking Profitability in Low-, Middle-, and High-Income Countries

Dietrich, Andreas - 2014

Using a broad bank-level dataset and the GMM estimator technique described by Arellano and Bover (1995), this paper analyzes how bank-specific characteristics, macroeconomic variables, and industry-specific factors affect the profitability of 10,165 commercial banks across 118 countries over the...

Persistent link: https://www.econbiz.de/10013057174

Does Financial Instability Moderate the Relationship Financial Integration - Economic Growth in MENA Countries

Zekri, Soulef - 2015

This paper examines the relationship between financial integration and economic growth while taking into account a …/2013 period. The study reveals that the direct relationship between financial integration and economic growth is positive and … stable. Moreover, there is a weak relationship between economic growth and financial instability, which means that the …

Persistent link: https://www.econbiz.de/10013026933

An Empirical Analysis of the Determinants of Interest Rate Spreads : A Case of Commercial Banks in Zimbabwe

Bonga, Wellington Garikai - 2016

to economic growth and economic stability. The study sought to determine the major determinants of interest rate spreads … magnitudes. Banks a tipped to implement effective credit risk management strategies, business growth strategies and earnings … growth strategies, while government policy makers should control and stabilize inflation. Competitive policies in the entire …

Persistent link: https://www.econbiz.de/10012983952

What Drives Portfolio Investments of German Banks in Emerging Capital Markets?

Wildmann, Christian - 2016

After decades of steady liberalisation and financial market development, emerging capital markets experienced unparalleled capital inflows in the aftermath of the emerging markets crisis in the 1990s. This paper studies portfolio investment decisions of German banks in 30 emerging capital...

Persistent link: https://www.econbiz.de/10012989247

Market Concentration, Foreign Ownership and Determinants of Bank Financial Performance : Evidence from MENA Countries

Elfeituri, Hatem - 2018

The purpose of this paper is to investigate the market concentration, foreign ownership and determinants of profitability for commercial banks operating in the MENA economies over the period 1999-2012. This paper uses panel analysis via GMM estimation to examine a large sample of banks for a...

Persistent link: https://www.econbiz.de/10012916830

A Reassessment of the Finance & Growth Nexus Using Monte Carlo Evidence

Franz, Thorsten - 2018

important features inherent in dynamic panels used in finance & growth regressions. It is allowed for a weakly exogenous … lagged dependent variable. Results from an application to the finance & growth nexus suggest that a positive and monotonic …

Persistent link: https://www.econbiz.de/10012934827

Business Cycles : A Role for Imperfect Competition in the Banking System

Mandelman, Federico - 2014

This paper studies the cyclical pattern of ex post markups in the banking system using balance-sheet data for a large set of countries. Markups are strongly countercyclical even after controlling for financial development, banking concentration, operational costs, inflation, and simultaneity or...

Persistent link: https://www.econbiz.de/10012709581

Dynamic Optimal Capital Structure and Technological Change

Lööf, Hans - 2014

This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm's equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...

Persistent link: https://www.econbiz.de/10012710251

Dividend Policy and Investor Pressure

Driver, Ciaran; Grosman, Anna; Scaramozzino, Pasquale - 2021

The economics of dividend policy has focused on the single tight narrative that dividends keep managers honest, mitigating concerns that they over-invest. This article provides a critique of that agency narrative, arguing that pressure from short-term focused investors, executives and board...

Persistent link: https://www.econbiz.de/10013241046

Is Capital Market Integration Among the Saarc Countries Feasible? An Empirical Study

Chowdhury, Emon Kalyan - 2021

, and large companies can enjoy economies of scale. The outcome of this study enriches the international finance literature …

Persistent link: https://www.econbiz.de/10013251000