Bank Capital Structure and Procyclicality of Leverage - Couverture souple

Catak

 
9783631746219: Bank Capital Structure and Procyclicality of Leverage

Synopsis

This book investigates the determinants of bank capital structure and procyclical behavior of leverage. A panel data analysis is developed to find out the relation between different types of leverage ratios and asset growth of banks. Furthermore, possible impacts of bank specific and macroeconomic variables on the bank capital structure are discussed. The book concludes that the leverage of Turkish banks is procyclical, which is the outcome of a positive relation between asset growth and leverage. The procyclical leverage could contribute to higher instability in the financial sector and the overall economy. Therefore, further regulations are assumed to be necessary. Size, profit, number of banks, inflation, exchange rate, and gross domestic product are the factors that affect Turkish banks' capital structure.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Çiydem Çatak received her PhD in Accounting and Finance from Marmara University (Turkey). Her research interests are corporate finance, banking, and financial economics.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.