Araştırma Makalesi
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Does Bank Size Affect The Bank Profitability? An Evidence From Borsa Istanbul (BIST), Turkey

Yıl 2020, Cilt: 2 Sayı: 2, 63 - 71, 31.12.2020

Öz

Bu araştırmanın amacı Borsa İstanbul (BIST)’da faaliyet gösteren bankaların büyüklükleri ile karlılık oranları arasındaki ilişkiyi analiz etmektir. Araştırmanın amacı çerçevesinde BIST’de faaliyet gösteren 13 adet bankanın 2005-2019 dönemi verileri analiz edilmiştir. Araştırmada karlılık göstergesi olarak özkaynak karlılık oranı (ROE) kullanılmıştır. Araştırmanın bağımsız değişkeni banka büyüklüğüdür. Banka büyüklüğü toplam aktifler, toplam özkaynaklar ve çalışan sayısı ile temsil edilmiştir. Araştırmanın kontrol değişkenleri kaldıraç oranı ve likiditedir. Araştırmada üç adet regresyon modeli ile değişkenler arasındaki ilişkiler tahmin edilmiştir. Analizlerden elde edilen sonuçlara göre toplam aktifler, toplam özkaynaklar ve çalışan sayısı karlılık oranı ROE üzerinde pozitif yönlü etkilidir. Bunun yanı sıra kontrol değişkenlerinden finansal kaldıraç oranı karlılık oranı ROE üzerinde negatif yönlü etkiye sahip iken likidite karlılık oranı ROE üzerinde pozitif yönlü etkiye sahiptir.

Kaynakça

  • ABDELAZIZ, Hakimi, RIM, Boussadz and HELMI, Hamdi (2020), “The Interactional Relationships Between Credit Risk, Liquidity Risk and Bank Profitability in MENA Region”, Global Business Review, pp. 1-23, doi.org/10.1177/0972150919879304.
  • ADUSEI, Michael (2015), “The Impact of Bank Size and Funding Risk on Bank Stability”, Cogent Economics And Finance, Vol. 3(1), pp. 1-19.
  • AKINLO, Anthony Enisan (2012), “Firm Size-Profitability Nexus: Evidence From Panel Data for Nigeria”, Economic Research, Vol.25(3), pp. 706-721.
  • ALADWAN, Mohammad Suleiman (2015), “The Impact of Bank Size on Profitability An Empirical Study on Listed Jordanian Commercial Banks”, European Scientific Journal, Vol. 11(34), pp. 217-236.
  • ALI, Muhammad and PUAH, Chin Hong (2019), “The Internal Determinants of Bank Profitability and Stability: An Insight from Banking Sector of Pakistan”, Management Research Review, Vol. 42(1), pp. 49-67.
  • AL-OMAR, Husain and AL-MUTAIRI, Abdullah (2008), “Bank-Specific Determinants of Profitability: The case of Kuwait”, Journal of Economic & Administrative Sciences, Vol. 24(2), pp. 20-34.
  • ALPER, Deger and ANBAR, Adem (2011), “Bank Specific and Macroeconomic Determinants of Commercial Bank Profitability: Empirical Evidence from Turkey”, Business and Economics Research Journal, Vol. 2(2), pp. 139-152.
  • ATHANASOGLOU, Panayiotis, P., DELIS, Matthaios D., STAIKOURAS, Christos K. (2006), “Determinants of Bank Profitability in the South Eastern European Region”, MPRA Paper No. 10274.
  • ATHANASOGLOU, Panayiotis, P., BRISSIMIS, Sophocles N., DELIS, Matthaios D. (2008), “Bank-Specific, Industry-Specific and Macroeconomic Determinants of Bank Profitability”, Journal of International Financial Markets, Institutions and Money, Vol. 18(2), pp. 121-136.
  • BARRA, Cristian and ZOTTI, Roberto (2019), “Bank Performance, Financial Stability and Market Concentration: Evidence From Cooperative and Non-Cooperatıve Banks”, Annals of Public and Cooperative Economics, Vol. 90(1), pp. 103-139.
  • BECKER-BLEASE, John R., KAEN Fred R., ETEBARI Ahmad and BAUMANN, Hans (2010), “Employees, Firm Size and Profitability in U.S. Manufacturing Industries”, Investment Management and Financial Innovations, Vol. 7(2), 7-23.
  • BENNACEUR, Samy and GOAIED, Mohamed (2008), “The Determinants of Commercial Bank Interest Margin and Profitability: Evidence from Tunisia”, Frontiers in Finance and Economics, Vol.5(1), pp. 106 – 130.
  • BERGER, Allen, N., HANWECK, Gerald, A. and HUMPHREY, David, B. (1987), “Competitive Viability in Banking: Scale Scope and Product Mix Economies”, Journal of Monetary Economics, Vol. 20(3), pp. 501-520.
  • BIKKER, Jacob and HU, Haixia (2002), “Cyclical Patterns in Profits, Provisioning and Lending of Banks and Procyclicality of the New Basel Capital Requirements”, BNL Quarterly Review, Vol. 221(1), pp. 143-175.
  • BOURKE, Philip (1989), “Concentration and Other Determinants of Bank Profitability in Europe, North America and Australia”, Journal of Banking and Finance, Vol. 13(1), pp. 65-79.
  • DEMIRGUC-KUNT, Aslı and HUIZINGA, Harry (1999), “Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence”, The World Bank Economic Review, Vol. 13(2), pp. 379-408.
  • DIETRICH, Andreas and WANZENRIED, Gabrielle (2011), “Determinants of Bank Profitability Before and During the Crisis: Evidence from Switzerland ”, Journal of International Financial Markets, Institutions and Money, Vol. 21(3), pp. 307-327.
  • DOĞAN, Mesut (2013a), “Does Firm Size Affect the Firm Profitability? Evidence from Turkey”, Research Journal of Finance and Accounting, Vol. 4(4), pp. 53-59.
  • DOĞAN, Mesut (2013b), “Comparison of Performances Between Participation And Conventional Banks: Evidence From Turkey”, The Journal of Accounting and Finance, Vol. 58, pp. 175-188.
  • DOĞAN, Mesut (2013c), “Comparison of Financial Performances of Domestic and Foreign Banks: The Case of Turkey”, International Journal of Business and Social Science, Vol.4(1), pp. 175-188.
  • DOYRAN, Mine Aysen (2013),"Net Interest Margins and Firm Performance in Developling Countries: Evidence from Argentine Commercial Banks", Management Research Review, Vol. 36(7), pp.720-742.
  • EICHENGREEN, Barry and GIBSON, Heather D. (2001). “Greek Banking at the Dawn of the New Millennium”, CERP Discussion Paper 2791, London.
  • FIDANOSKI, Filip, CHOUDHRY, Moorad, DAVIDOVIC, Milivoje and SERGI, Bruno, S. (2018), “What Does Affect Profitability of Banks in Croatia?”, Competitiveness Review: An International Business Journal, Vol. 28(4), pp. 338-367. FLAMINI, Valentina, MCDONALD Calvin and SCHUMACHER, Liliana (2009), “The Determinants of Commercial Bank Profitability in Sub-Saharan Africa”, IMF Working Paper WP/09/15.
  • GOUNDER, Neelesh and SHARMA, Parmendra (2012),"Determinants of Bank Net Interest Margins in Fiji, A Small Island Developing State", Applied Financial Economics, Vol. 22(19), pp. 1647-1654.
  • HUANG, Qiubin (2020), “Ownership Concentration and Bank Profitability in China”, Economic Letters, Vol. 196 (109525), pp.1-3.
  • JAVAID, Saira, ANWAR, Jamil, ZAMAN, Khalid and GAFOOR, Abdul (2011), “Determinants of Bank Profitability in Pakistan: Internal Factor Analysis”, Mediterranean Journal of Socıal Sciences, Vol. 2(2), pp. 59-78.
  • KEVSER, Mustafa (2018), “The Relationship Between Ownership Structure of Banks and Financial Performance: An Emprical Research for Turkey”, Unpublished Doctoral Thesis, Yalova University, The Institute of Social Sciences, Turkey.
  • KOŠAK, Marko and COK, Mitja. (2008), “Ownership Structure and Profitability of the Banking Sector: The Evidence from the SEE Region”, ZbornikradovaEkonomskogFakulteta u Rijeci, Vol. 26, pp. 93-122.
  • KOSMIDOU, Kyriaki (2008), “The Determinants of Banks’ Profits in Greece During the Period of EU Financial Integration”, Managerial Finance, Vol. 34(3), pp. 146-159.
  • MENICUCCI, Elisa and PAOLUCCI, Guido (2016), “The determinants of Bank Profitability: Empirical Evidence From European Banking Sector”, Journal of Financial Reporting and Accounting, Vol.14(1), pp. 86-115.
  • MOLYNEUX, Philip and THORNTON, John (1992), “Determinants of European Bank Profitability: A Note”, Journal of Banking and Finance, Vol. 16, 1173-1178.
  • OKUYAN H. Aydın and KARATAŞ Yasemin (2017), “Türk Bankacılık Sektörünün Kârlılık Analizi”, Ege Akademik Bakış, Vol. 17(3), pp.395-406.
  • PHAN, Hai Thanh, HOANG, Tien Ngoc and HOANG, Dat Ngoc (2020), “The Determinants of Listed Commercial Banks’ Profitability in Vietnam”, Journal of Asian Finance, Economics and Business, Vol. 17(11), pp. 219-229.
  • REIS, Ş. Gül, KILIÇ, Yunus and BUĞAN, Mehmet, Fatih (2016), “Factors That Affect Bank Profitability: The Case of Turkey”, The Journal of Accounting and Finance, Vol. 72, pp. 21-36.
  • SIRAJ, K.K. and PILLAI, P.Sudarsanan. (2012), “Comparative Study on Performance of Islamic Banks and Conventional Banks in GCC Region”, Journal of Applied Finance and Banking, Vol. 2(3), pp. 123-161. SUFIAN, Fadzlan; HABIBULLAH, Muzafar Shah (2009), “Determinants of Bank Profitability in a Developing Economy: Empirical Evidence from Bangladesh”, Journal of Business Economics and Management, Vol.10(3), pp. 207-217.
  • TAN, Yong; FLOROS, Chiristos (2012), “Bank Profitability and Inflation: The Case of China”, Journal of Economic Studies, Vol. 39(6), 675-696.
  • YAZDANFAR, Darush (2013), “Profitability Determinants Among Micro Firms: Evidence from Swedish Data”, International Journal of Managerial Finance, Vol. 9(2), pp. 150-160.

Does Bank Size Affect The Bank Profitability? An Evidence From Borsa Istanbul (BIST), Turkey

Yıl 2020, Cilt: 2 Sayı: 2, 63 - 71, 31.12.2020

Öz

The aim of the research is to analyze the relationship between the size of the banks operating in Borsa Istanbul (BIST) and their profitability ratios. Within the scope of the research, the data of 2005-2019 period of 13 banks operating in BIST were analyzed. Return on equity ratio (ROE) is used as a profitability indicator in the research. The independent variable of the research is the size of the bank. Bank size is represented by total assets, total equity and number of employees. The control variables of the research are leverage ratio and liquidity. In the study, the relationships between variables were estimated using three regression models. According to the results obtained from the analysis, it is determined that total assets, total equity and number of employees has a positive effect on the ROE and influence ROE positively. In addition, financial leverage ratio influences ROE negatively while the liquidity ratio influences ROE positively.

Kaynakça

  • ABDELAZIZ, Hakimi, RIM, Boussadz and HELMI, Hamdi (2020), “The Interactional Relationships Between Credit Risk, Liquidity Risk and Bank Profitability in MENA Region”, Global Business Review, pp. 1-23, doi.org/10.1177/0972150919879304.
  • ADUSEI, Michael (2015), “The Impact of Bank Size and Funding Risk on Bank Stability”, Cogent Economics And Finance, Vol. 3(1), pp. 1-19.
  • AKINLO, Anthony Enisan (2012), “Firm Size-Profitability Nexus: Evidence From Panel Data for Nigeria”, Economic Research, Vol.25(3), pp. 706-721.
  • ALADWAN, Mohammad Suleiman (2015), “The Impact of Bank Size on Profitability An Empirical Study on Listed Jordanian Commercial Banks”, European Scientific Journal, Vol. 11(34), pp. 217-236.
  • ALI, Muhammad and PUAH, Chin Hong (2019), “The Internal Determinants of Bank Profitability and Stability: An Insight from Banking Sector of Pakistan”, Management Research Review, Vol. 42(1), pp. 49-67.
  • AL-OMAR, Husain and AL-MUTAIRI, Abdullah (2008), “Bank-Specific Determinants of Profitability: The case of Kuwait”, Journal of Economic & Administrative Sciences, Vol. 24(2), pp. 20-34.
  • ALPER, Deger and ANBAR, Adem (2011), “Bank Specific and Macroeconomic Determinants of Commercial Bank Profitability: Empirical Evidence from Turkey”, Business and Economics Research Journal, Vol. 2(2), pp. 139-152.
  • ATHANASOGLOU, Panayiotis, P., DELIS, Matthaios D., STAIKOURAS, Christos K. (2006), “Determinants of Bank Profitability in the South Eastern European Region”, MPRA Paper No. 10274.
  • ATHANASOGLOU, Panayiotis, P., BRISSIMIS, Sophocles N., DELIS, Matthaios D. (2008), “Bank-Specific, Industry-Specific and Macroeconomic Determinants of Bank Profitability”, Journal of International Financial Markets, Institutions and Money, Vol. 18(2), pp. 121-136.
  • BARRA, Cristian and ZOTTI, Roberto (2019), “Bank Performance, Financial Stability and Market Concentration: Evidence From Cooperative and Non-Cooperatıve Banks”, Annals of Public and Cooperative Economics, Vol. 90(1), pp. 103-139.
  • BECKER-BLEASE, John R., KAEN Fred R., ETEBARI Ahmad and BAUMANN, Hans (2010), “Employees, Firm Size and Profitability in U.S. Manufacturing Industries”, Investment Management and Financial Innovations, Vol. 7(2), 7-23.
  • BENNACEUR, Samy and GOAIED, Mohamed (2008), “The Determinants of Commercial Bank Interest Margin and Profitability: Evidence from Tunisia”, Frontiers in Finance and Economics, Vol.5(1), pp. 106 – 130.
  • BERGER, Allen, N., HANWECK, Gerald, A. and HUMPHREY, David, B. (1987), “Competitive Viability in Banking: Scale Scope and Product Mix Economies”, Journal of Monetary Economics, Vol. 20(3), pp. 501-520.
  • BIKKER, Jacob and HU, Haixia (2002), “Cyclical Patterns in Profits, Provisioning and Lending of Banks and Procyclicality of the New Basel Capital Requirements”, BNL Quarterly Review, Vol. 221(1), pp. 143-175.
  • BOURKE, Philip (1989), “Concentration and Other Determinants of Bank Profitability in Europe, North America and Australia”, Journal of Banking and Finance, Vol. 13(1), pp. 65-79.
  • DEMIRGUC-KUNT, Aslı and HUIZINGA, Harry (1999), “Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence”, The World Bank Economic Review, Vol. 13(2), pp. 379-408.
  • DIETRICH, Andreas and WANZENRIED, Gabrielle (2011), “Determinants of Bank Profitability Before and During the Crisis: Evidence from Switzerland ”, Journal of International Financial Markets, Institutions and Money, Vol. 21(3), pp. 307-327.
  • DOĞAN, Mesut (2013a), “Does Firm Size Affect the Firm Profitability? Evidence from Turkey”, Research Journal of Finance and Accounting, Vol. 4(4), pp. 53-59.
  • DOĞAN, Mesut (2013b), “Comparison of Performances Between Participation And Conventional Banks: Evidence From Turkey”, The Journal of Accounting and Finance, Vol. 58, pp. 175-188.
  • DOĞAN, Mesut (2013c), “Comparison of Financial Performances of Domestic and Foreign Banks: The Case of Turkey”, International Journal of Business and Social Science, Vol.4(1), pp. 175-188.
  • DOYRAN, Mine Aysen (2013),"Net Interest Margins and Firm Performance in Developling Countries: Evidence from Argentine Commercial Banks", Management Research Review, Vol. 36(7), pp.720-742.
  • EICHENGREEN, Barry and GIBSON, Heather D. (2001). “Greek Banking at the Dawn of the New Millennium”, CERP Discussion Paper 2791, London.
  • FIDANOSKI, Filip, CHOUDHRY, Moorad, DAVIDOVIC, Milivoje and SERGI, Bruno, S. (2018), “What Does Affect Profitability of Banks in Croatia?”, Competitiveness Review: An International Business Journal, Vol. 28(4), pp. 338-367. FLAMINI, Valentina, MCDONALD Calvin and SCHUMACHER, Liliana (2009), “The Determinants of Commercial Bank Profitability in Sub-Saharan Africa”, IMF Working Paper WP/09/15.
  • GOUNDER, Neelesh and SHARMA, Parmendra (2012),"Determinants of Bank Net Interest Margins in Fiji, A Small Island Developing State", Applied Financial Economics, Vol. 22(19), pp. 1647-1654.
  • HUANG, Qiubin (2020), “Ownership Concentration and Bank Profitability in China”, Economic Letters, Vol. 196 (109525), pp.1-3.
  • JAVAID, Saira, ANWAR, Jamil, ZAMAN, Khalid and GAFOOR, Abdul (2011), “Determinants of Bank Profitability in Pakistan: Internal Factor Analysis”, Mediterranean Journal of Socıal Sciences, Vol. 2(2), pp. 59-78.
  • KEVSER, Mustafa (2018), “The Relationship Between Ownership Structure of Banks and Financial Performance: An Emprical Research for Turkey”, Unpublished Doctoral Thesis, Yalova University, The Institute of Social Sciences, Turkey.
  • KOŠAK, Marko and COK, Mitja. (2008), “Ownership Structure and Profitability of the Banking Sector: The Evidence from the SEE Region”, ZbornikradovaEkonomskogFakulteta u Rijeci, Vol. 26, pp. 93-122.
  • KOSMIDOU, Kyriaki (2008), “The Determinants of Banks’ Profits in Greece During the Period of EU Financial Integration”, Managerial Finance, Vol. 34(3), pp. 146-159.
  • MENICUCCI, Elisa and PAOLUCCI, Guido (2016), “The determinants of Bank Profitability: Empirical Evidence From European Banking Sector”, Journal of Financial Reporting and Accounting, Vol.14(1), pp. 86-115.
  • MOLYNEUX, Philip and THORNTON, John (1992), “Determinants of European Bank Profitability: A Note”, Journal of Banking and Finance, Vol. 16, 1173-1178.
  • OKUYAN H. Aydın and KARATAŞ Yasemin (2017), “Türk Bankacılık Sektörünün Kârlılık Analizi”, Ege Akademik Bakış, Vol. 17(3), pp.395-406.
  • PHAN, Hai Thanh, HOANG, Tien Ngoc and HOANG, Dat Ngoc (2020), “The Determinants of Listed Commercial Banks’ Profitability in Vietnam”, Journal of Asian Finance, Economics and Business, Vol. 17(11), pp. 219-229.
  • REIS, Ş. Gül, KILIÇ, Yunus and BUĞAN, Mehmet, Fatih (2016), “Factors That Affect Bank Profitability: The Case of Turkey”, The Journal of Accounting and Finance, Vol. 72, pp. 21-36.
  • SIRAJ, K.K. and PILLAI, P.Sudarsanan. (2012), “Comparative Study on Performance of Islamic Banks and Conventional Banks in GCC Region”, Journal of Applied Finance and Banking, Vol. 2(3), pp. 123-161. SUFIAN, Fadzlan; HABIBULLAH, Muzafar Shah (2009), “Determinants of Bank Profitability in a Developing Economy: Empirical Evidence from Bangladesh”, Journal of Business Economics and Management, Vol.10(3), pp. 207-217.
  • TAN, Yong; FLOROS, Chiristos (2012), “Bank Profitability and Inflation: The Case of China”, Journal of Economic Studies, Vol. 39(6), 675-696.
  • YAZDANFAR, Darush (2013), “Profitability Determinants Among Micro Firms: Evidence from Swedish Data”, International Journal of Managerial Finance, Vol. 9(2), pp. 150-160.
Toplam 37 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular Finans
Bölüm Araştırma Makaleleri
Yazarlar

Mustafa Kevser 0000-0003-0586-1662

Yayımlanma Tarihi 31 Aralık 2020
Yayımlandığı Sayı Yıl 2020 Cilt: 2 Sayı: 2

Kaynak Göster

APA Kevser, M. (2020). Does Bank Size Affect The Bank Profitability? An Evidence From Borsa Istanbul (BIST), Turkey. International Journal of Business and Economic Studies, 2(2), 63-71.

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