Por favor, use este identificador para citar o enlazar este ítem:
http://hdl.handle.net/11531/12544
Título : | Intra- and Extra-bank Determinants of Latin American Banks´ Profitability |
Autor : | Saona Hoffmann, Paolo Rodrigo |
Fecha de publicación : | 1 |
Resumen : | See summary in English Using data on commercial banks in seven Latin American countries from 1995 to 2012, we find evidence of several major relationships involving bank profitability, including: 1) an inverse U-shaped relationship between banks' capital ratios and profitability, 2) a positive relationship between asset diversification (e.g. security trading, hedge funds, foreign exchange, assurance, etc.) and profitability, 3) a negative relationship between revenue diversification (e.g. interests, fees, commissions, etc.) and profitability, 4) a positive relationship between market concentration and profitability, and 5) improvements in the legal and regulatory system are associated with a negative impact on banks' profitability. This paper contributes to the literature by assessing these relationships using data on Latin American banks and by estimating their models using a system GMM approach that addresses issues arising from endogenous independent variables and heterogeneity among individual banks. |
Descripción : | Artículos en revistas |
URI : | http://hdl.handle.net/11531/12544 |
ISSN : | 1059-0560 |
Aparece en las colecciones: | Artículos |
Ficheros en este ítem:
Fichero | Descripción | Tamaño | Formato | |
---|---|---|---|---|
saona20.pdf | 582,12 kB | Adobe PDF | Visualizar/Abrir |
Los ítems de DSpace están protegidos por copyright, con todos los derechos reservados, a menos que se indique lo contrario.