PL EN


2017 | 51 | 5 |
Article title

Znaczenie zagranicznego kapitału właścicielskiego i liberalizacji finansowej dla ryzyka bankowego: analiza porównawcza w krajach europejskich

Content
Title variants
Languages of publication
EN
Abstracts
EN
The goal of this study is to empirically identify how foreign capital group and financial liberalization affect the risk profiles of the banking sector in Europe. Through a dataset that covers 381 European banks spanning the 1995–2015 period and the methodology of panel regression, the empirical findings document the heterogeneity of banking risk determinants. We examine the implications of banks’ risk adjusted ROA that manifest themselves as spreading and growing instability. It also contributes to the literature by focusing on a group of countries from Central and Eastern and Advanced Europe that have not been studied before. The extended model provides a causal link between the risk in the banking sector and the growth of the financial sector and economy.
PL
Celem badania jest weryfikacja empiryczna odpowiedzi na pytanie, w jaki sposób udział zagranicznego kapitału właścicielskiego i liberalizacji finansowej wpływa na profil ryzyka sektora bankowego w Europie. Wykorzystując dane indywidualne z 381 banków europejskich w okresie 1995–2015 i metodę regresji panelowej, autorka udowadnia heterogeniczność czynników ryzyka bankowego. Analizie został poddany wskaźnik ROA ważony ryzykiem, który jest wykorzystywany jako miara niestabilności finansowej banków. Badanie stanowi istotny wkład do literatury i dotyczy grupy krajów z Europy Środkowo-Wschodniej oraz krajów rozwiniętych. Wyniki estymacji modelu wskazują na związek przyczynowy między ryzykiem bankowym a wzrostem sektora finansowego i gospodarki.
Year
Volume
51
Issue
5
Physical description
Dates
published
2017
online
2017-12-22
Contributors
References
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Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.ojs-doi-10_17951_h_2017_51_5_139
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