Bank profitability internationally as a function of enterpeneurial caliber and economic climate (1997-2007)
Part of : Αρχείον οικονομικής ιστορίας ; Vol.XXII, No.2, 2010, pages 53-62
Issue:
Pages:
53-62
Abstract:
In the present paper bank profitability will be examined in the international level before theoutburst of the financial crisis as a function of an internal to the bank factor (entrepreneurial caliber) as well as a function of an external to the bank factor (economic growth of the country, within which banks operate.) Economic growth is a sound indicator of economic climate. It will be pointed out using an econometric model with panel data that both afore-mentioned factors have a positive impact on banking profitability, as well as that these two factors are the most important ones as far as bank profitability is concerned.
Subject:
Subject (LC):
Keywords:
Entrepreneurship, Corporate Governance, Economic Growth, Econometric Models, Panel Data, Banking
Notes:
JEL: L26, G3, O4, C23, G21., Appendix with tables
