SPECIFIC FACTORS AFFECTING RISK-TAKING BEHAVIOUR: PANEL COINTEGRATION AND CAUSALITY ANALYSIS ON BIST BANK INDEX
نویسندگان
چکیده
In the study, it is aimed to investigate determinants of risk-taking behavior banks traded in Borsa Istanbul Bank Index period December 2000 - 2020 by panel cointegration and causality analysis. Risk-taking measured with Z-Score. Ratios related financial structure (Equity/Total Asset), asset quality (Net Credit/Total performance Profit/Total liquidity (Amihud Ratio) franchise value ((Market Value + Total Debt) /Total Asset) was included analysis as an independent variable. As a result analyzes carried out, has been determined that there long-term relationship between variables increase Equity / Assets Ratio, return on assets insufficient reduces behavior. addition, one-way from assets, lack
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ژورنال
عنوان ژورنال: Pamukkale University Journal of Social Sciences Institute
سال: 2022
ISSN: ['1308-2922', '2147-6985']
DOI: https://doi.org/10.30794/pausbed.1076301