company was expressed as ROA and ROE. When determining the downside risk, two approaches were employed: the approach by Bawa … correlations were positive but statistical significance emerged only for accounting betas calculated on ROA. As regards the DAX …

with secondary financial data. Return on Assets (ROA) and Return on Equity (ROE) are two main profitability measures are … in this study. Random effect regression model shows that Bank size is significantly positively related to banks' ROA …, while operating efficiency and GDP growth have significant and negative relationship with banks' ROA. Fixed effect …