메뉴 건너뛰기




Volumn 12, Issue 1, 2011, Pages 1-20

The effects of bank regulations, competition, and financial reforms on banks' performance

Author keywords

Bank interest margin; Bank profitability; Dynamic panel data and MENA region

Indexed keywords


EID: 79951509431     PISSN: 15660141     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ememar.2010.08.002     Document Type: Article
Times cited : (269)

References (60)
  • 1
    • 79951517408 scopus 로고    scopus 로고
    • Do macro-financial variables matter for european bank interest margins and profitability?
    • Abreu M., Mendes V. Do macro-financial variables matter for european bank interest margins and profitability?. Financial Management Association International 2003.
    • (2003) Financial Management Association International
    • Abreu, M.1    Mendes, V.2
  • 2
    • 34547859367 scopus 로고    scopus 로고
    • The determinants of bank interest spreads in Brazil
    • Banco Central di Brazil
    • Afanasieff T., Lhacer P., Nakane M. The determinants of bank interest spreads in Brazil. Working Paper 2002, Banco Central di Brazil.
    • (2002) Working Paper
    • Afanasieff, T.1    Lhacer, P.2    Nakane, M.3
  • 4
    • 0030702360 scopus 로고    scopus 로고
    • Commercial bank net interest margins, default risk, interest rate risk and off-balance sheet banking
    • Angbazo L. Commercial bank net interest margins, default risk, interest rate risk and off-balance sheet banking. Journal of Banking & Finance 1996, 21:55-87.
    • (1996) Journal of Banking & Finance , vol.21 , pp. 55-87
    • Angbazo, L.1
  • 5
    • 58149364940 scopus 로고
    • Another look at the instrumental variable estimation of error-components models
    • Arellano M., Bover S. Another look at the instrumental variable estimation of error-components models. Journal of Econometrics 1995, 68:29-51.
    • (1995) Journal of Econometrics , vol.68 , pp. 29-51
    • Arellano, M.1    Bover, S.2
  • 9
    • 67649549517 scopus 로고    scopus 로고
    • The determinants of commercial bank interest margin and profitability: evidence from Tunisia
    • Ben Naceur S., Goaied M. The determinants of commercial bank interest margin and profitability: evidence from Tunisia. Frontiers in Finance and Economics 2008, 5:106-130.
    • (2008) Frontiers in Finance and Economics , vol.5 , pp. 106-130
    • Ben Naceur, S.1    Goaied, M.2
  • 10
    • 57149095932 scopus 로고    scopus 로고
    • The impact of capital requirements on banks' cost of intermediation and performance: the case of Egypt
    • Ben Naceur S., Kandil M. The impact of capital requirements on banks' cost of intermediation and performance: the case of Egypt. Journal of Economics and Business 2009, 61:70-89.
    • (2009) Journal of Economics and Business , vol.61 , pp. 70-89
    • Ben Naceur, S.1    Kandil, M.2
  • 11
    • 0043246810 scopus 로고
    • The profit-structure relationship in banking: test of market-power and efficient-structure hypotheses
    • Berger A. The profit-structure relationship in banking: test of market-power and efficient-structure hypotheses. Journal of Money, Credit, and Banking 1995, 27:404-431.
    • (1995) Journal of Money, Credit, and Banking , vol.27 , pp. 404-431
    • Berger, A.1
  • 12
  • 13
    • 0242512130 scopus 로고    scopus 로고
    • Courts and banks: effects of judicial enforcement on credit markets
    • Centre for Studies in Economics and Finance (CSEF), University of Salerno
    • Bianco M., Jappelli T., Pagano M. Courts and banks: effects of judicial enforcement on credit markets. CSEF Working Papers 58 2001, Centre for Studies in Economics and Finance (CSEF), University of Salerno.
    • (2001) CSEF Working Papers 58
    • Bianco, M.1    Jappelli, T.2    Pagano, M.3
  • 14
    • 2442456346 scopus 로고    scopus 로고
    • Cyclical patterns in profits, provisioning and lending of banks and procyclicality of the new basel capital requirements
    • Bikker J., Hu H. Cyclical patterns in profits, provisioning and lending of banks and procyclicality of the new basel capital requirements. BNL Quarterly Review 2002, 221:143-175.
    • (2002) BNL Quarterly Review , vol.221 , pp. 143-175
    • Bikker, J.1    Hu, H.2
  • 15
    • 0001438979 scopus 로고    scopus 로고
    • Initial conditions and moment restrictions in dynamic panel data models
    • Blundell R., Bond S. Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics 1998, 87:115-144.
    • (1998) Journal of Econometrics , vol.87 , pp. 115-144
    • Blundell, R.1    Bond, S.2
  • 16
    • 38249025771 scopus 로고
    • Concentration and other determinants of bank profitability in Europe, North America and Australia
    • Bourke P. Concentration and other determinants of bank profitability in Europe, North America and Australia. Journal of Banking & Finance 1989, 13:65-79.
    • (1989) Journal of Banking & Finance , vol.13 , pp. 65-79
    • Bourke, P.1
  • 17
    • 0042816489 scopus 로고    scopus 로고
    • Determinants of commercial banks' profitability in Malawi: A cointegration approach
    • Chirwa E.W. Determinants of commercial banks' profitability in Malawi: A cointegration approach. Applied Financial Economics 2003, 13:565-577.
    • (2003) Applied Financial Economics , vol.13 , pp. 565-577
    • Chirwa, E.W.1
  • 19
    • 44449142437 scopus 로고    scopus 로고
    • Determinants of bank interest margins in Central and Eastern Europe: a comparison with the west
    • Claeys S., Vander Vennet R. Determinants of bank interest margins in Central and Eastern Europe: a comparison with the west. Economic Systems 2008, 32(No. 2).
    • (2008) Economic Systems , vol.32 , Issue.2
    • Claeys, S.1    Vander Vennet, R.2
  • 20
    • 34247213789 scopus 로고    scopus 로고
    • Financial development and economic growth in the Middle East and North Africa Finance and Development 4 (No. 1)
    • Creane S., Goya R., Mobarak M., Sab R. Financial development and economic growth in the Middle East and North Africa Finance and Development 4 (No. 1). A quarterly magazine of the IMF 2003.
    • (2003) A quarterly magazine of the IMF
    • Creane, S.1    Goya, R.2    Mobarak, M.3    Sab, R.4
  • 21
    • 0344339036 scopus 로고    scopus 로고
    • Determinants of commercial bank interest margins and profitability: some international evidence
    • Demerguç-Kunt A., Huizinga H. Determinants of commercial bank interest margins and profitability: some international evidence. World Bank Economic Review 1999, 13:379-408.
    • (1999) World Bank Economic Review , vol.13 , pp. 379-408
    • Demerguç-Kunt, A.1    Huizinga, H.2
  • 23
    • 0010918768 scopus 로고    scopus 로고
    • Determinants of commercial bank interest margins and profitability: some international evidence
    • The World Bank
    • Demirguc-Kunt A., Huizinga H. Determinants of commercial bank interest margins and profitability: some international evidence. Policy Research Working Paper Series 1900 1998, The World Bank.
    • (1998) Policy Research Working Paper Series 1900
    • Demirguc-Kunt, A.1    Huizinga, H.2
  • 24
    • 3142728735 scopus 로고    scopus 로고
    • Regulations, market structure, institutions, and the cost of financial intermediation
    • Demirgüç-Kunt A., Laeven L., Levine R. Regulations, market structure, institutions, and the cost of financial intermediation. Journal of Money, Credit, and Banking 2004, 36:593-622.
    • (2004) Journal of Money, Credit, and Banking , vol.36 , pp. 593-622
    • Demirgüç-Kunt, A.1    Laeven, L.2    Levine, R.3
  • 25
    • 0002004281 scopus 로고
    • Industry structure, market rivalry, and public policy
    • Demsetz H. Industry structure, market rivalry, and public policy. Journal of Law and Economics 1973, 16:1-9.
    • (1973) Journal of Law and Economics , vol.16 , pp. 1-9
    • Demsetz, H.1
  • 27
    • 0038330463 scopus 로고    scopus 로고
    • Assessing the success of reform in transition banking 10years later: an interest margins analysis
    • Drakos K. Assessing the success of reform in transition banking 10years later: an interest margins analysis. Journal of Policy Modeling 2003, 25(3):309-317.
    • (2003) Journal of Policy Modeling , vol.25 , Issue.3 , pp. 309-317
    • Drakos, K.1
  • 28
    • 0001304377 scopus 로고    scopus 로고
    • Factor endowments, institutions, and differential paths of growth among new world economies
    • Stamford University Press, Stamford, CA, S. Haber (Ed.)
    • Engerman S., Sokoloff K. Factor endowments, institutions, and differential paths of growth among new world economies. How Latin America Fell Behind 1997, 260-304. Stamford University Press, Stamford, CA. S. Haber (Ed.).
    • (1997) How Latin America Fell Behind , pp. 260-304
    • Engerman, S.1    Sokoloff, K.2
  • 29
    • 51249171968 scopus 로고
    • Reevaluation of the structure - conduct performance paradigm in banking
    • I (June)
    • Evanoff D.D., Fortier D.I. Reevaluation of the structure - conduct performance paradigm in banking. Journal of Financial Services Research 1988, 313-329. I (June).
    • (1988) Journal of Financial Services Research , pp. 313-329
    • Evanoff, D.D.1    Fortier, D.I.2
  • 30
    • 79951514940 scopus 로고    scopus 로고
    • The determinants of commercial bank profitability in sub-saharan Africa
    • International Monetary Fund, Washington
    • Flamini V., McDonald C., Schumacher L. The determinants of commercial bank profitability in sub-saharan Africa. IMF Working Paper 09/15 2009, International Monetary Fund, Washington.
    • (2009) IMF Working Paper 09/15
    • Flamini, V.1    McDonald, C.2    Schumacher, L.3
  • 32
    • 2542527770 scopus 로고    scopus 로고
    • The profitability of European banks: a cross-sectional and dynamic panel analysis
    • Goddard J., Molyneux P., Wilson J.O.S. The profitability of European banks: a cross-sectional and dynamic panel analysis. Manchester School 2004, 72(3):363-381.
    • (2004) Manchester School , vol.72 , Issue.3 , pp. 363-381
    • Goddard, J.1    Molyneux, P.2    Wilson, J.O.S.3
  • 35
    • 84974346351 scopus 로고
    • The determinants of bank interest margins: theory and empirical evidence
    • Ho T., Saunders A. The determinants of bank interest margins: theory and empirical evidence. Journal of Financial and Quantitative Analysis 1981, 16:581-600.
    • (1981) Journal of Financial and Quantitative Analysis , vol.16 , pp. 581-600
    • Ho, T.1    Saunders, A.2
  • 36
    • 79951511014 scopus 로고    scopus 로고
    • The GATS Agreement And Liberalizing The Kuwaiti Banking Sector
    • Jabsheh F.Y. The GATS Agreement And Liberalizing The Kuwaiti Banking Sector. ERF, 8th Annual Conference, Egypt 2002.
    • (2002) ERF, 8th Annual Conference, Egypt
    • Jabsheh, F.Y.1
  • 38
    • 77649180813 scopus 로고    scopus 로고
    • Consolidation and Commercial bank net interest margins: evidence from the old and new European union members and candidate countries
    • Kasman A. Consolidation and Commercial bank net interest margins: evidence from the old and new European union members and candidate countries. Economic Modeling 2010, 27:648-655.
    • (2010) Economic Modeling , vol.27 , pp. 648-655
    • Kasman, A.1
  • 40
    • 22144497148 scopus 로고    scopus 로고
    • Factors Influencing the profits and size of Greek banks operating abroad: a pooled time-series study
    • Kosmidou K., Pasiouras F., Tsaklanganos A. Factors Influencing the profits and size of Greek banks operating abroad: a pooled time-series study. Applied Financial Economics 2005, 15:731-738.
    • (2005) Applied Financial Economics , vol.15 , pp. 731-738
    • Kosmidou, K.1    Pasiouras, F.2    Tsaklanganos, A.3
  • 41
    • 0037362234 scopus 로고    scopus 로고
    • Operating performance of banks among Asian economies: an international and time series comparison
    • Kwan S.H., Liebig D. Operating performance of banks among Asian economies: an international and time series comparison. Journal of Banking & Finance 2008, 27(3):471-487.
    • (2008) Journal of Banking & Finance , vol.27 , Issue.3 , pp. 471-487
    • Kwan, S.H.1    Liebig, D.2
  • 42
    • 34548137436 scopus 로고    scopus 로고
    • Does judicial efficiency lower the cost of credit?
    • Leaven L., Majnoni G. Does judicial efficiency lower the cost of credit?. Journal of Banking & Finance 2005, 29:1791-1812.
    • (2005) Journal of Banking & Finance , vol.29 , pp. 1791-1812
    • Leaven, L.1    Majnoni, G.2
  • 43
    • 3242889426 scopus 로고    scopus 로고
    • Factors explaining the interest margin in the banking sectors of the European union
    • Maudos J., Fernandez de Guevara J. Factors explaining the interest margin in the banking sectors of the European union. Journal of Banking & Finance 2004, 28:2259-2281.
    • (2004) Journal of Banking & Finance , vol.28 , pp. 2259-2281
    • Maudos, J.1    Fernandez de Guevara, J.2
  • 44
    • 5844274845 scopus 로고    scopus 로고
    • Portfolio mix and large-bank profitability in the USA
    • Miller S.M., Noulas A.G. Portfolio mix and large-bank profitability in the USA. Applied Economics 1997, 29(4):505-512.
    • (1997) Applied Economics , vol.29 , Issue.4 , pp. 505-512
    • Miller, S.M.1    Noulas, A.G.2
  • 45
    • 38249008919 scopus 로고
    • Determinants of European bank profitability: a note
    • Molyneux P., Thorton J. Determinants of European bank profitability: a note. Journal of Banking & Finance 1992, 16:1173-1178.
    • (1992) Journal of Banking & Finance , vol.16 , pp. 1173-1178
    • Molyneux, P.1    Thorton, J.2
  • 48
    • 34047178339 scopus 로고    scopus 로고
    • Factors influencing the profitability of domestic and foreign commercial banks in the European union
    • Pasiouras F., Kosmidou K. Factors influencing the profitability of domestic and foreign commercial banks in the European union. Research in International Business and Finance 2007, 21:222-237.
    • (2007) Research in International Business and Finance , vol.21 , pp. 222-237
    • Pasiouras, F.1    Kosmidou, K.2
  • 49
    • 0001661892 scopus 로고
    • The gains and losses from industrial concentration
    • Peltzman S. The gains and losses from industrial concentration. Journal of Law and Economics 1977, 20:229-263.
    • (1977) Journal of Law and Economics , vol.20 , pp. 229-263
    • Peltzman, S.1
  • 50
    • 0003520161 scopus 로고
    • Do banks gain or lose from inflation?
    • Perry P. Do banks gain or lose from inflation?. Journal of Retail Banking 1992, 14:25-40.
    • (1992) Journal of Retail Banking , vol.14 , pp. 25-40
    • Perry, P.1
  • 51
    • 84904588479 scopus 로고    scopus 로고
    • Oil prices and bank profitability: evidence from major oil-exporting countries in the Middle East and North Africa
    • International Monetary Fund, Washington
    • Poghosyan T., Hesse H. Oil prices and bank profitability: evidence from major oil-exporting countries in the Middle East and North Africa. IMF Working Paper 09/220 2009, International Monetary Fund, Washington.
    • (2009) IMF Working Paper 09/220
    • Poghosyan, T.1    Hesse, H.2
  • 53
    • 0008307911 scopus 로고
    • Structure-performance studies in banking: a summary and evaluation
    • Board of Governors of the Federal Reserve System, Washington, DC
    • Rhoades S.A. Structure-performance studies in banking: a summary and evaluation. Staff Economic Study No. 92 1977, Board of Governors of the Federal Reserve System, Washington, DC.
    • (1977) Staff Economic Study No. 92
    • Rhoades, S.A.1
  • 54
    • 84925903246 scopus 로고
    • The relationship between stability and change in market structure: an analysis of bank prices
    • Rose S.A., Fraser D.R. The relationship between stability and change in market structure: an analysis of bank prices. Journal of Industrial Economics 1976, 24:251-266.
    • (1976) Journal of Industrial Economics , vol.24 , pp. 251-266
    • Rose, S.A.1    Fraser, D.R.2
  • 55
    • 41749100898 scopus 로고    scopus 로고
    • Banking structure and performance: evidence from Utah
    • Samad A. Banking structure and performance: evidence from Utah. Review of Business Research 2005, V (2):151-156.
    • (2005) Review of Business Research , vol.5 , Issue.2 , pp. 151-156
    • Samad, A.1
  • 56
  • 57
    • 79951512429 scopus 로고    scopus 로고
    • Determinants of bank interest margins in Central and Eastern Europe
    • (Österreichische Nationalbank)
    • Schwaiger M.S., Liebig D. Determinants of bank interest margins in Central and Eastern Europe. Financial Stability Report 2008, 14:68-87. (Österreichische Nationalbank).
    • (2008) Financial Stability Report , vol.14 , pp. 68-87
    • Schwaiger, M.S.1    Liebig, D.2
  • 58
    • 0000125674 scopus 로고
    • The relation between commercial bank profit rates and banking concentration in Canada, Western Europe and Japan
    • Short B.K. The relation between commercial bank profit rates and banking concentration in Canada, Western Europe and Japan. Journal of Banking & Finance 1979, 3:209-219.
    • (1979) Journal of Banking & Finance , vol.3 , pp. 209-219
    • Short, B.K.1
  • 59
    • 0002975110 scopus 로고
    • Evidence on the (non) relationship between concentration and profitability in banking
    • Smirlock M. Evidence on the (non) relationship between concentration and profitability in banking. Journal of Money, Credit, and Banking 1985, 17:69-83.
    • (1985) Journal of Money, Credit, and Banking , vol.17 , pp. 69-83
    • Smirlock, M.1
  • 60
    • 79951512595 scopus 로고    scopus 로고
    • The monetary policy regime and banking spreads in Barbados
    • International Monetary Fund, Washington
    • Wendell S., Valderrama L. The monetary policy regime and banking spreads in Barbados. IMF Working Paper 06/211 2006, International Monetary Fund, Washington.
    • (2006) IMF Working Paper 06/211
    • Wendell, S.1    Valderrama, L.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.