Market Structure and Profitability Relationship in the Turkish Banking Industry

Yıl 2016, Cilt: 16 Sayı: 2, 363 - 378, 01.05.2016

Gürkan Çalmaşur Hüseyin Daştan

Öz

The objective of this study is to test five hypotheses that have been proposed in the literature on the relationship between market structure and profitability of the banks operating in the Turkish banking industry during the period of 2001-2014. To achieve this objective, 42 banks’ panel data used in the study for the period of 2001-2014, structureconduct-performance, relative-market-power, efficient structure: X efficiency, efficiency structure: scale efficiency and quiet life hypotheses are tested by performing generalised least squares regression. Consequently, it is determined that structureconduct-performance, relative-market-power and efficiency structure: scale efficiency hypotheses are firmly held and quiet life hypothesis is strongly held in the industry

Anahtar Kelimeler

Efficiency, Market Structure, Profitability Turkish Banking Industry

Türk Bankacılık Endüstrisinde Piyasa Yapısı ve Karlılık İlişkisi

Öz

Bu çalışmanın amacı, 2001-2014 dönemi itibariyle Türk Bankacılık endüstrisinde faaliyet gösteren bankalar için piyasa yapısı ve karlılık arasındaki ilişkiyi literatürde öne sürülen beş hipotez ile test etmektir. Bu amacı gerçekleştirmek üzere 20012014 döneminde 42 bankaya ait panel verilerin kullanıldığı çalışmada, yapı-davranış performans, göreli-piyasa-gücü, etkin yapı: x-etkinliği, etkin yapı: ölçek etkinliği ve rahat yaşam hipotezleri genelleştirilmiş en küçük kareler yöntemiyle test edilmiştir. Sonuç olarak, endüstride yapı-davranışperformans, göreli-piyasa-gücü ve etkin yapı: ölçek etkinliği hipotezlerinin kısmen geçerli olduğu ve rahat yaşam hipotezinin ise güçlü bir biçimde geçerli olduğu tespit edilmiştir

Anahtar Kelimeler

Etkinlik, Piyasa Yapısı, Karlılık Türk Bankacılık Endüstrisi

Kaynakça

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