مطالب مرتبط با کلیدواژه

Commercial banks


۱.

Bank Liquidity and Bank Performance: Looking for a Nonlinear Nexus(مقاله علمی وزارت علوم)

نویسنده:
منبع: Journal of Money and Economy, Vol. ۱۶, No. ۴, Fall ۲۰۲۱ 417-446

کلیدواژه‌ها: Liquidity Profitability Non linearity Commercial banks

حوزه های تخصصی:
تعداد بازدید : ۲۹۸ تعداد دانلود : ۱۶۸
Liquid assets are critical for banking operations. They guarantee avoiding liquidity risk and widens managerial decision options to invest in emerging profitable projects; however, holding extra liquidity entails opportunity costs. Accordingly, empirical literature does not provide a conclusive relationship between liquidity and profitability. The purpose of this research is to analyze the asymmetric effects of holding liquid assets by commercial banks on their profitability. Parallel to a detailed review of contradicting theories and empirical evidence, we have developed an econometric model to capture the nonlinear effects of liquidity on performance. The proposed model is tested for a sample of seven listed Iranian commercial banks during 2006-2018 by Arellano-Bond dynamic panel-data estimation. We found that the nonlinear relationship, if any, is not an inverse U as Bordeleau and Graham (2010) suggested. Results show a positive (holding more liquid assets increases the profitability of Iranian banks), and even an accelerating effect for liquidity, likely due to the low level of liquid assets maintained by Iranian banks.
۲.

The Impact of Banking Health Indicators on Return on Risk-Weighted Assets (RORWA) index in Commercial Banks: Evidence from Iran(مقاله علمی وزارت علوم)

نویسنده:
منبع: Journal of Money and Economy, Vol. ۱۷, No. ۴, Fall ۲۰۲۲ 437-456

کلیدواژه‌ها: RORWA Banking Health Indicators Commercial banks CAMELS Risk-adjusted indicators

حوزه های تخصصی:
تعداد بازدید : ۱۱۹ تعداد دانلود : ۱۴۲
The purpose of the present research is to introduce and calculate the Return on Risk-Weighted Assets Index (RORWA) in Iranian commercial banks and to investigate the impact of banking health indices on this index. RORWA is more accurate than other risk-adjusted indicators like RAROC or RORAC. Also, newer banking health indicators have been chosen to examine the impact of these indicators on the Return on Risk-Weighted Assets Index (RORWA), which are more contemporary. The statistical population of this study is 16 Iranian commercial banks listed on the Iran Stock Market from 2012 to 2021. The method used in the research is the Ordinary Least Squares (OLS) Regression using the data of the last 9 years of mentioned banks and also based on the statistical significance tests performed, the type of data is Panel Data. First, yearly data have been collected, and then we used Eviews software to analyze the information and test the hypotheses stated in the research. The results show that five of the six banking health indicators, including Capital Adequacy, Asset Quality, Management Quality, Earning Quality, and Systematic Risk, affect RORWA and their relationships with each other are direct. But Liquidity Quality does not affect RORWA index.