IS OWNERSHIP STRUCTURE EFFECTIVE IN TAKING RISKS OF BANKS? THE CASE OF TURKEY

Abstract

In this study, the relationship between the capital ownership and risk taking tendency of banks is analysed. The data of multi-branch deposit banks from the banks operating during the analysis period were included in the study. The data of each bank for the end of 2008-2017 are taken into consideration. A total of 2800 variables consisting of 14 different variables belonging to 20 deposit banks covering 10 years were used in the analysis. From the 20 banks taken into account in the analysis; 3 are public, 11 are domestic private and 6 are foreign banks with private capital. One of the most striking points in the study is that the derivative financial instruments / equity variable included in the analysis as an independent variable and 3 risk indicators are in a meaningful relationship. In the framework of the data obtained from the analysis, there was no effect of capital ownership and capital concentration on the risk taking tendency of the banks in the Turkish Banking Sector.

Keywords

• Risk Taking
• Ownership Structure
• Consantration
• Banking
• Deposit Banks

BANKALARIN RİSK ÜSTLENMELERİNDE ORTAKLIK YAPISININ ETKİSİ VAR MI? TÜRKİYE ÖRNEĞİ

Öz

Bu çalışmada, sermaye sahipliği ile bankaların risk alma eğilimi arasındaki ilişki incelenmiştir. Analiz döneminde faaliyet gösteren bankalardan çok şubeli mevduat bankalarının verileri çalışmaya alınmıştır. Her bankanın 2008-2017 sonu verileri dikkate alınmaktadır. Analizde, 10 yılı kapsayan 20 mevduat bankasına ait 14 farklı değişkenden oluşan toplam 2800 değişken kullanılmıştır. Analizde dikkate alınan 20 bankadan; 3'ü kamu, 11'i yerli özel ve 6'sı özel sermayeli yabancı bankalardır. Çalışmadaki en çarpıcı noktalardan biri, bağımsız bir değişken olarak analize dahil edilen türev finansal araçlar / özkaynak değişkeninin ve 3 risk göstergesinin anlamlı bir ilişki içinde olmasıdır. Analizden elde edilen veriler çerçevesinde, sermaye sahipliği ve sermaye yoğunluğunun Türk Bankacılık Sektöründeki bankaların risk alma eğilimi üzerinde bir etkisi olmamıştır.

Anahtar Kelimeler

• Risk Üstlenme
• Ortaklık Yapısı
• Konsantrasyon
• Bankacılık
• Mevduat Bankaları

Kaynakça

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