BibTex RIS Cite
Year 2015, Volume: 2 Issue: 4, 0 - 0, 15.01.2016

Abstract

LEVERAGE PROCYCLICAL OF TURKISH DEPOSIT BANKS

Year 2015, Volume: 2 Issue: 4, 0 - 0, 15.01.2016

Abstract

The studies after 2008 financial crisis emphasized that the concept of leverage procyclicality is among the major reasons of this crisis. BASEL II utilized during this crisis period has failed to foresee the risk. This procyclicality in financial expansion and contraction periods has wider impacts for developing economies such as Turkey. The current study has looked into the procyclicality of leverage ratios for deposit banks in Turkey.  This research has focused on the association between change in total assets and leverage ratios for top ten deposit banks in Turkey by using the least square method. Data span is between December 2002 and December 2014, which has been assessed in quarterly periods. The study concluded that leverage ratios in Turkish banking industry is procyclical and leverage procyclicality can be implemented as a market control mechanism for Turkey.

There are 0 citations in total.

Details

Journal Section Articles
Authors

Mustafa Terzioglu This is me

Yusuf Demir

Publication Date January 15, 2016
Published in Issue Year 2015 Volume: 2 Issue: 4

Cite

APA Terzioglu, M., & Demir, Y. (2016). LEVERAGE PROCYCLICAL OF TURKISH DEPOSIT BANKS. Journal of Economics Finance and Accounting, 2(4).

Journal of Economics, Finance and Accounting (JEFA) is a scientific, academic, double blind peer-reviewed, quarterly and open-access online journal. The journal publishes four issues a year. The issuing months are March, June, September and December. The publication languages of the Journal are English and Turkish. JEFA aims to provide a research source for all practitioners, policy makers, professionals and researchers working in the area of economics, finance, accounting and auditing. The editor in chief of JEFA invites all manuscripts that cover theoretical and/or applied researches on topics related to the interest areas of the Journal. JEFA publishes academic research studies only. JEFA charges no submission or publication fee.

Ethics Policy - JEFA applies the standards of Committee on Publication Ethics (COPE). JEFA is committed to the academic community ensuring ethics and quality of manuscripts in publications. Plagiarism is strictly forbidden and the manuscripts found to be plagiarized will not be accepted or if published will be removed from the publication. Authors must certify that their manuscripts are their original work. Plagiarism, duplicate, data fabrication and redundant publications are forbidden. The manuscripts are subject to plagiarism check by iThenticate or similar. All manuscript submissions must provide a similarity report (up to 15% excluding quotes, bibliography, abstract and method).

Open Access - All research articles published in PressAcademia Journals are fully open access; immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited. Open access is a property of individual works, not necessarily journals or publishers. Community standards, rather than copyright law, will continue to provide the mechanism for enforcement of proper attribution and responsible use of the published work, as they do now.