Öz
Bu çalışmada, faiz dışı gelir yaratan faaliyetler gelir çeşitlendirmesi ve riske göre düzeltilmiş banka performansı arasındaki ilişki, Türk mevduat bankalarına ait 2005 – 2011 dönemi yıllıkverileri kullanılarak incelenmektedir. Bu çalışmada, sistem genel momentler yöntemi SistemGMM tahmincileri, 26 bankanın yer aldığı dengesiz bir panel veri setiyle kullanılmaktadır. Ampirik sonuçlarımız, gelir çeşitlendirmesinin Türk mevduat bankalarının riske göre düzeltilmiş finansal performansını arttırdığını göstermektedir
Anahtar Kelimeler
Gelir çeşitlendirmesi Türk bankacılık sektörü faiz dışı gelir Sistem-GMM
Kaynakça
- Elsas R.. Hackethal A.. and Holzhauser M.. (2010). The Anatomy of Bank Diversification. Journal of Banking & Finance. 34: 1274-1287.
- Lepetit, L.. Nys, E. Rous P.. and Tarazi A.. (2008). Bank Income Structure and Risk: An Empirical Analysis of European Banks. Journal of Banking & Finance. 32: 1452-1467.
- Mercieca, S.. Schaeck K. and Wolfe S.. (2007). Small European Banks: Benefits from Diversification?. Journal of Banking and Finance. 31: 1975-1998.
- Sanya, S. and Wolfe, S.. (2011). Can Banks in Emerging Economies Benefit from Revenue Diversification?. Journal of Financial Services Research. 40: 79- 101.
- Stiroh K. J.. (2004a). Diversification in Banking: Is Noninterest Income the Answer?. Journal of Money, Credit and Banking. 36(5): 853-882.
- Stiroh K. J.. (2004b). Do Community Banks Benefit from Diversification?. Journal of Financial Services and Research. 25(2/3): 135-160.
- Stiroh, K.J. and Rumble, A.. (2006). The Dark Side of Diversification: The Case of US Financial Holding Companies. Journal of Banking and Finance. 30: 2131-2161.
- The Financial System and Banking Sector in Turkey Report, The Banks Association of Turkey, 2009, http://www.tbb.org.tr/en/Content/Upload/Dokuman/38/The_Financial_Syste m_and_Banking_Sector_in_Turkey.pdf (Access Date: 10.05.2013)
- www.tbb.org.tr
Öz
In this study, relationship between non-interest income generating activities income diversification and risk-adjusted bank performance is investigated by using yearly data of Turkish deposit banks for the period of 2005 – 2011. System Generalized Method of Moments System-GMM estimators are used in this study with an unbalanced panel dataset of 26 banks. Our empirical results indicate that income diversification increases risk-adjusted financialperformance of Turkish deposit banks
Anahtar Kelimeler
Income diversification Turkish banking sector non-interest income System-GMM
Kaynakça
- Elsas R.. Hackethal A.. and Holzhauser M.. (2010). The Anatomy of Bank Diversification. Journal of Banking & Finance. 34: 1274-1287.
- Lepetit, L.. Nys, E. Rous P.. and Tarazi A.. (2008). Bank Income Structure and Risk: An Empirical Analysis of European Banks. Journal of Banking & Finance. 32: 1452-1467.
- Mercieca, S.. Schaeck K. and Wolfe S.. (2007). Small European Banks: Benefits from Diversification?. Journal of Banking and Finance. 31: 1975-1998.
- Sanya, S. and Wolfe, S.. (2011). Can Banks in Emerging Economies Benefit from Revenue Diversification?. Journal of Financial Services Research. 40: 79- 101.
- Stiroh K. J.. (2004a). Diversification in Banking: Is Noninterest Income the Answer?. Journal of Money, Credit and Banking. 36(5): 853-882.
- Stiroh K. J.. (2004b). Do Community Banks Benefit from Diversification?. Journal of Financial Services and Research. 25(2/3): 135-160.
- Stiroh, K.J. and Rumble, A.. (2006). The Dark Side of Diversification: The Case of US Financial Holding Companies. Journal of Banking and Finance. 30: 2131-2161.
- The Financial System and Banking Sector in Turkey Report, The Banks Association of Turkey, 2009, http://www.tbb.org.tr/en/Content/Upload/Dokuman/38/The_Financial_Syste m_and_Banking_Sector_in_Turkey.pdf (Access Date: 10.05.2013)
- www.tbb.org.tr
Ayrıntılar
| Birincil Dil | İngilizce |
|---|---|
| Bölüm | Research Article |
| Yazarlar | |
| Yayımlanma Tarihi | 1 Haziran 2013 |
| Yayımlandığı Sayı | Yıl 2013 Cilt: 7 Sayı: 1 |