PERSISTENCE OF PROFIT IN TURKISH BANKING FIRMS: EVIDENCE FROM PANEL LM TESTS

被引:0
|
作者
Iskenderoglu, Omer [2 ]
Asian, Alper [3 ]
Ozturk, Ilhan [1 ]
机构
[1] Cag Univ, Fac Econ & Business, Dept Int Trade, Adana, Turkey
[2] Nigde Univ, Dept Business Adm, Fac Econ & Adm Sci, Nigde, Turkey
[3] Nevsehir Univ, Dept Econ, Fac Econ & Adm Sci, TR-50300 Neveshir, Turkey
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关键词
persistence of profitability; banking; Turkey; LONG-RUN; PROFITABILITY; DYNAMICS;
D O I
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中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines the persistence of profit within Turkish banking system for the period 1998:1-2009:4 by focusing on both net income after tax to total assets (ROA) and net income after tax to total equity (ROE) as profit measures by utilizing panel LM unit root test. We found that competition among surviving banks is high within the Turkish banking system for the studied period. When we compare ROA and ROE results in terms of persistence, competition is higher in Turkish banking system for ROE than for ROA.
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页码:429 / 434
页数:6
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