Abstract
Bankacılık Sektörü karlılığı bugüne
kadar bir çok araştırmaya konu olmuş; araştırmalarda bankaya özel mikro ve
banka dışı makro faktörler bazen ayrı ayrı bazen de bir arada kullanılmıştır.
Ancak bugüne kadar gerek Türkiye’de gerekse uluslararası düzeyde amaçları ve
işleyişi itibariyle önemli bir alt sektör olan Kalkınma ve Yatırım Banka’larına
odaklı bir çalışma yapılmamıştır. Çalışmada 2005 Haziran-2016 Ekim döneminde
Türkiye’de aktif bir biçimde faaliyet gösteren 10 adet Kalkınma ve Yatırım
Bankasının Aktif Karlılığı, Panel Data yöntemi ile analiz edilmiştir. Bankaların
çeyrek yıllık bilanço verilerinden türetilen mikro yani bankaya özgü
değişkenler ile makroekonomik değişkenler kullanılmış ve bir dizi ilginç sonuca
ulaşılmıştır.
References
- ABREU, Margarida; Victor, MENDES; (2001), “Commercial Bank Interest Margins And Profitability, Evidence For Some EU Countries” In Pan-European Conference Jointly Organised By The IEFS-UK & University Of Macedonia Economic & Social Sciences, 17-20 Mayıs, Yunanistan, pp.121-128.
- ADLER, David; (2012), “The New Field of Liquidity and Financial Frictions” Research Foundation Literature Reviews, 7(2), pp.1-37.
- AFANASIEFF, Tarsalia Sagalia ; (2002), “The Determinants of Bank Interest Spread in Brazil” Money Affairs, 15(2), pp. 183-207.
- ATAN, Murat; (2005), “Seçilmiş Kamu, Özel ve Yabancı Ticaret Bankalarında Karlılığı Etkileyen Faktörlerin Ekonometrik Analizi” Üçüncü Sektör Kooperatifçilik Dergisi, 150, pp.47-63.
- ATASOY, Hakan; (2007), “Türk Bankacılık Sektöründe Gelir-Gider Analizi ve Karlılık Performansının Belirleyicileri”, Uzmanlık Yeterlilik Tezi, Türkiye Cumhuriyet Merkez Bankası Bankacılık ve Finansal Kuruluşlar Genel Müdürlüğü, Ankara.
- ATHANASOGLOU, Panayiotis; Mantos DELIS and Cristou STAIKOURAS; (2006), “Determinants Of Bank Profitability in The South Eastern European Region” Bank of Greece, Working Paper, No.47, Greece.
- BHATT, Verva; (1993), “Development Banks As Catalysts For Industrial Development”, International Journal of Development Banking, 11(1), pp.47-61.
- ÇATALBAŞ, Gaye ve Murat ATAN; (2005), “Bankacılıkta Etkinlik Ve Sermaye Yapısının Bankaların Etkinliğine Etkisi” , İktisat İşletme ve Finans, 20(237), ss.49-62.
- ÇELİK, Faik; İhsan KIZIL; (2008), “Banka Sermaye Yeterliliğinde Basel II Yaklaşımı ve Türk Bankacılığı”, Doğus Üniversitesi Dergisi, 9(1), ss.19-34.
- ÇERÇİ, Gaye; (2011), “Bankalarda Karlılık Analizi, Türk Bankacilik Sektörü Üzerine Bir Uygulama” Yayımlanmamış Yüksek Lisans Tezi Adana: Çukurova Üniversitesi, Sosyal Bilimler Enstitüsü.
- ÇÖĞÜRCÜ, İclal; (2012), “Türkiye’nin İç Borç Genel Yapısı Üzerine Geçmişten Günümüze Bir Değerlendirme”, Uluslararası Sosyal ve Ekonomik Bilimler Dergisi, 2 (1), pp.93-104.
- DAĞİDİR, Canan; (2010), “Türk Bankacılık Sektöründe Karlılık Ve Makro Ekonomik Değişkenlerle İlişkisi”, Ekonomi Bilimleri Dergisi, 2(1), ss.25-34.
- DEMİRHAN, Ayşe; (2009), “Bankaların Sektörel Paylarındaki Değişimin Nitel Bağımlı Değişkenli Panel Veri Modeliyle Analizi”, İstanbul Üniversitesi İşletme Fakültesi İşletme İktisadı Enstitüsü Dergisi-Yönetim, 20(64), ss.78-97.
- DIETRICH, Andreas; WANZENRIED, Gabrielle; (2011), “Determinants Of Bank Profitability Before And During The Crisis, Evidence From Switzerland”, Journal of International Financial Markets, Institutions and Money, 21(3), pp. 307-327.
- DOĞRU, Cengiz; (2011), “Karlılığın Belirleyicileri Analizi, Teori Ve Orta Ölçekli Bir Banka Uygulaması” , Maliye Finans Yazıları, 91, ss.47-75
- ELLIOTT, James; (2012), An Introduction to Sustainable Development, New York: Routledge.
- FITZPATICK, Trevor and Kieran MCQUINN; (2008), “Measuring Bank Profit Efficiency” Applied Financial Economics, 18(1), pp.1-8.
- FREIXAS, Xavier and Jean Claude ROCHET; (2008), Microeconomics Of Banking, Boston: MIT Press.
- GÜLHAN, Ünal ve Evcan UZUNLAR; (2011), “Bankacılık Sektöründe Kârlılığı Etkileyen Faktörler, Türk Bankacılık Sektörüne Yönelik Bir Uygulama” Atatürk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 15(1), ss.136-151
- HASSAN, Kabiir; Abdel, Hameed, BASHIR; (2003), “Determinants of Islamic Banking Profitability” In 10th ERF Annual Conference, 11-15 Haziran, Fas, pp.16-18
- HOFFMAN, Paolo Soana; (2011), “Determinants of the Profitability of the US Banking Industry” International Journal of Business and Social Science, 2(22) ,pp. 255-279
- KARAHANOĞLU, İlhami; (2015), “Türkiyedeki Kalkinma Bankalarinin Sermaye Yeterlilik Rasyolarinin Markov Zincirleri Yöntemi İle Tahmin Edilmesi” Journal of International Social Research, 8(41), ss.1666-1678.
- KAYA, Yasemin Türker ve Ela DOĞAN; (2005), “Dezenflasyon Sürecinde Türk Bankacılık Sektöründe Etkinliğin Gelişim”, Bankacılık Düzenleme ve Denetleme Kurumu, ARD Çalışma Raporları.
- JABBAR, Haroon; (2014), “Determinants of Banks Profitability”, IOSR Journal of Business and Management, 16(1), pp.109-111.
- MARTINEZ, Jose and Ceolo Lonardo VICENTE; (2012), “Global Survey of Development Banks”, WorldBank Policy Research Working Paper 5696.
- NEUMAYER, Eric; (2003), “The Determinants of Aid Alloacation of Regional Multinational Development Banks and United Nations Agencies”, International Studies Quarterly, 47(1), pp.101-122.
- OWOPUTI, James Ayodole; (2014), “Bank Specific, Industry Specific And Macroeconomic Determinants Of Bank Profitability In Nigeria”, Journal of Business and Management, 16(1), pp.109-113.
- PETRA, Nanie; (2015), “Deteminants of Banking Profitability Evidence From 27 EU Countries” Precedia Economics and Finance, 20, pp.518-524.
- REDCLIFF, Michael; (2002), “Sustainable Development, Exploring The Contradictions, New York: Routledge.
- SALDANLI, Arif ve Mücahid AYDIN; (2016), “Bankacılık Sektöründe Kârlılığı Etkileyen Faktörlerin Panel Veri Analizi İle İncelenmesi, Türkiye Örneği”, Ekonometri ve İstatistik e-Dergisi, 24, ss.1-9.
- SAMIRKAŞ, Mehmet Can; Samet EVCI ve Bahadır ERGÜN; (2014), “Türk Bankacilik Sektöründe Karliliğin Belirleyicileri”, Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 5(8), ss.114-134.
- SARITAŞ, Hasan; (2006), “Türk Bankacılık Sektörünün Karlılık Performansının Analizi“ Pamukkale Üniversitesi İ.İ.B.F. Dergisi,11, pp.23-39.
- SARITAŞ, Hasan; Selim UYAR ve Altan GÖKÇE; (2015), “Banka Karlılığı İle Finansal Oranlar ve Makroekonomik Değişkenler Arasındaki İlişkileri Dinamik Panel Veri Analizi İle Analizi, Türkiye Araştırması”, Eskişehir Osmangazi Üniversitesi İ.İ.B.F. Dergisi,11(1), ss.27-36.
- STAIKOURAS, Christos and Geoffrey WOOD; (2005),”Determinants of European Banking Profitability”, Internaitonal Business & Economical Research, 3(6), pp.57-68.
- TATOĞLU, Ferda Yardelen; (2012), Panel Veri Ekonometrisi, İstanbul: Beta Yayınevi.
- YILDIRIM, Özgür; (2008),Türk Bankacılık Sektöründe Kârlılığın Belirleyicileri, Yayımlanmamış Doktora Tezi, Ankara: Ankara Üniversitesi Sosyal Bilimler Enstitüsü.
- TUNAY, Batu ve Murat SILPAGAR; (2006),“Türk Ticari Bankacılık Sektöründe Karlılığa Dayalı Performans Analizi-I”, Türkiye Bankalar Birliği, Araştırma Tebliğleri Serisi, 2006-01.
- VODOVA, Pavla; (2011), “Liquidity of Czech commercial banks and its determinants” International Journal of Mathematical Models and Methods in Applied Sciences, 5(6), pp.1060-1067.
- ZELLER, Manfred; Sharma, MANOHAR; (2002), “Credit Constraints and Loan Demand in Rural Bangladesh”, in Zeller MANFRED and MEYER (Ed.),Financial Stability, Outreach and Impact, John Hopkins University Press, pp.96-117.
DETERMINATION OF THE FACTORS EFFECTING THE ASSET PROFITABILITY OF TURKISH DEVELOPMENT AND INVESTMENT BANKS
Abstract
The
profitability of the banking sector has always been the main subject of the
different researchers. In these studies, the micro variables coming from the
bank specific data and macro variables coming from outside of the bank are used
separately or together. However, till today, none of those scholars has
concentrated on a specific banking sector so called “Development and Investment
Banks” which is relatively important due to their specific targets and their
functions in economy. In this research Asset Profitability of 10 Investment and
Development Banks is analyzed through Panel Data Methodology between June
2005-October 2016. The quarterly published balance sheet data of the banks and
the macroeconomic variables are used and the interesting results were achieved.
References
- ABREU, Margarida; Victor, MENDES; (2001), “Commercial Bank Interest Margins And Profitability, Evidence For Some EU Countries” In Pan-European Conference Jointly Organised By The IEFS-UK & University Of Macedonia Economic & Social Sciences, 17-20 Mayıs, Yunanistan, pp.121-128.
- ADLER, David; (2012), “The New Field of Liquidity and Financial Frictions” Research Foundation Literature Reviews, 7(2), pp.1-37.
- AFANASIEFF, Tarsalia Sagalia ; (2002), “The Determinants of Bank Interest Spread in Brazil” Money Affairs, 15(2), pp. 183-207.
- ATAN, Murat; (2005), “Seçilmiş Kamu, Özel ve Yabancı Ticaret Bankalarında Karlılığı Etkileyen Faktörlerin Ekonometrik Analizi” Üçüncü Sektör Kooperatifçilik Dergisi, 150, pp.47-63.
- ATASOY, Hakan; (2007), “Türk Bankacılık Sektöründe Gelir-Gider Analizi ve Karlılık Performansının Belirleyicileri”, Uzmanlık Yeterlilik Tezi, Türkiye Cumhuriyet Merkez Bankası Bankacılık ve Finansal Kuruluşlar Genel Müdürlüğü, Ankara.
- ATHANASOGLOU, Panayiotis; Mantos DELIS and Cristou STAIKOURAS; (2006), “Determinants Of Bank Profitability in The South Eastern European Region” Bank of Greece, Working Paper, No.47, Greece.
- BHATT, Verva; (1993), “Development Banks As Catalysts For Industrial Development”, International Journal of Development Banking, 11(1), pp.47-61.
- ÇATALBAŞ, Gaye ve Murat ATAN; (2005), “Bankacılıkta Etkinlik Ve Sermaye Yapısının Bankaların Etkinliğine Etkisi” , İktisat İşletme ve Finans, 20(237), ss.49-62.
- ÇELİK, Faik; İhsan KIZIL; (2008), “Banka Sermaye Yeterliliğinde Basel II Yaklaşımı ve Türk Bankacılığı”, Doğus Üniversitesi Dergisi, 9(1), ss.19-34.
- ÇERÇİ, Gaye; (2011), “Bankalarda Karlılık Analizi, Türk Bankacilik Sektörü Üzerine Bir Uygulama” Yayımlanmamış Yüksek Lisans Tezi Adana: Çukurova Üniversitesi, Sosyal Bilimler Enstitüsü.
- ÇÖĞÜRCÜ, İclal; (2012), “Türkiye’nin İç Borç Genel Yapısı Üzerine Geçmişten Günümüze Bir Değerlendirme”, Uluslararası Sosyal ve Ekonomik Bilimler Dergisi, 2 (1), pp.93-104.
- DAĞİDİR, Canan; (2010), “Türk Bankacılık Sektöründe Karlılık Ve Makro Ekonomik Değişkenlerle İlişkisi”, Ekonomi Bilimleri Dergisi, 2(1), ss.25-34.
- DEMİRHAN, Ayşe; (2009), “Bankaların Sektörel Paylarındaki Değişimin Nitel Bağımlı Değişkenli Panel Veri Modeliyle Analizi”, İstanbul Üniversitesi İşletme Fakültesi İşletme İktisadı Enstitüsü Dergisi-Yönetim, 20(64), ss.78-97.
- DIETRICH, Andreas; WANZENRIED, Gabrielle; (2011), “Determinants Of Bank Profitability Before And During The Crisis, Evidence From Switzerland”, Journal of International Financial Markets, Institutions and Money, 21(3), pp. 307-327.
- DOĞRU, Cengiz; (2011), “Karlılığın Belirleyicileri Analizi, Teori Ve Orta Ölçekli Bir Banka Uygulaması” , Maliye Finans Yazıları, 91, ss.47-75
- ELLIOTT, James; (2012), An Introduction to Sustainable Development, New York: Routledge.
- FITZPATICK, Trevor and Kieran MCQUINN; (2008), “Measuring Bank Profit Efficiency” Applied Financial Economics, 18(1), pp.1-8.
- FREIXAS, Xavier and Jean Claude ROCHET; (2008), Microeconomics Of Banking, Boston: MIT Press.
- GÜLHAN, Ünal ve Evcan UZUNLAR; (2011), “Bankacılık Sektöründe Kârlılığı Etkileyen Faktörler, Türk Bankacılık Sektörüne Yönelik Bir Uygulama” Atatürk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 15(1), ss.136-151
- HASSAN, Kabiir; Abdel, Hameed, BASHIR; (2003), “Determinants of Islamic Banking Profitability” In 10th ERF Annual Conference, 11-15 Haziran, Fas, pp.16-18
- HOFFMAN, Paolo Soana; (2011), “Determinants of the Profitability of the US Banking Industry” International Journal of Business and Social Science, 2(22) ,pp. 255-279
- KARAHANOĞLU, İlhami; (2015), “Türkiyedeki Kalkinma Bankalarinin Sermaye Yeterlilik Rasyolarinin Markov Zincirleri Yöntemi İle Tahmin Edilmesi” Journal of International Social Research, 8(41), ss.1666-1678.
- KAYA, Yasemin Türker ve Ela DOĞAN; (2005), “Dezenflasyon Sürecinde Türk Bankacılık Sektöründe Etkinliğin Gelişim”, Bankacılık Düzenleme ve Denetleme Kurumu, ARD Çalışma Raporları.
- JABBAR, Haroon; (2014), “Determinants of Banks Profitability”, IOSR Journal of Business and Management, 16(1), pp.109-111.
- MARTINEZ, Jose and Ceolo Lonardo VICENTE; (2012), “Global Survey of Development Banks”, WorldBank Policy Research Working Paper 5696.
- NEUMAYER, Eric; (2003), “The Determinants of Aid Alloacation of Regional Multinational Development Banks and United Nations Agencies”, International Studies Quarterly, 47(1), pp.101-122.
- OWOPUTI, James Ayodole; (2014), “Bank Specific, Industry Specific And Macroeconomic Determinants Of Bank Profitability In Nigeria”, Journal of Business and Management, 16(1), pp.109-113.
- PETRA, Nanie; (2015), “Deteminants of Banking Profitability Evidence From 27 EU Countries” Precedia Economics and Finance, 20, pp.518-524.
- REDCLIFF, Michael; (2002), “Sustainable Development, Exploring The Contradictions, New York: Routledge.
- SALDANLI, Arif ve Mücahid AYDIN; (2016), “Bankacılık Sektöründe Kârlılığı Etkileyen Faktörlerin Panel Veri Analizi İle İncelenmesi, Türkiye Örneği”, Ekonometri ve İstatistik e-Dergisi, 24, ss.1-9.
- SAMIRKAŞ, Mehmet Can; Samet EVCI ve Bahadır ERGÜN; (2014), “Türk Bankacilik Sektöründe Karliliğin Belirleyicileri”, Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 5(8), ss.114-134.
- SARITAŞ, Hasan; (2006), “Türk Bankacılık Sektörünün Karlılık Performansının Analizi“ Pamukkale Üniversitesi İ.İ.B.F. Dergisi,11, pp.23-39.
- SARITAŞ, Hasan; Selim UYAR ve Altan GÖKÇE; (2015), “Banka Karlılığı İle Finansal Oranlar ve Makroekonomik Değişkenler Arasındaki İlişkileri Dinamik Panel Veri Analizi İle Analizi, Türkiye Araştırması”, Eskişehir Osmangazi Üniversitesi İ.İ.B.F. Dergisi,11(1), ss.27-36.
- STAIKOURAS, Christos and Geoffrey WOOD; (2005),”Determinants of European Banking Profitability”, Internaitonal Business & Economical Research, 3(6), pp.57-68.
- TATOĞLU, Ferda Yardelen; (2012), Panel Veri Ekonometrisi, İstanbul: Beta Yayınevi.
- YILDIRIM, Özgür; (2008),Türk Bankacılık Sektöründe Kârlılığın Belirleyicileri, Yayımlanmamış Doktora Tezi, Ankara: Ankara Üniversitesi Sosyal Bilimler Enstitüsü.
- TUNAY, Batu ve Murat SILPAGAR; (2006),“Türk Ticari Bankacılık Sektöründe Karlılığa Dayalı Performans Analizi-I”, Türkiye Bankalar Birliği, Araştırma Tebliğleri Serisi, 2006-01.
- VODOVA, Pavla; (2011), “Liquidity of Czech commercial banks and its determinants” International Journal of Mathematical Models and Methods in Applied Sciences, 5(6), pp.1060-1067.
- ZELLER, Manfred; Sharma, MANOHAR; (2002), “Credit Constraints and Loan Demand in Rural Bangladesh”, in Zeller MANFRED and MEYER (Ed.),Financial Stability, Outreach and Impact, John Hopkins University Press, pp.96-117.
Details
| Journal Section | Makaleler |
|---|---|
| Authors | |
| Publication Date | December 19, 2017 |
| Acceptance Date | September 1, 2017 |
| Published in Issue | Year 2017 Issue: 50 |
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