Risk-taking, Ownership and Excess Reserves in the Ghanaian Banking System

Autor:	Theodora Akweley Odonkor, Bright Addiyiah Osei, Bo Sjö
Rok vydání:	2016
Předmět:	Economics and Econometrics 050208 finance Actuarial science 0502 economics and business 05 social sciences Excess reserves Business Monetary economics 050207 economics Random effects model Risk taking Finance Panel data
Zdroj:	Journal of Emerging Market Finance. 15:147-168
ISSN:	0973-0710 0972-6527
DOI:	10.1177/0972652716645890
Popis:	This study looks at the effects of ownership structure and the risk-taking behaviour of banks in Ghana. Using data from 21 banks during 2000–2010, the study employs random effects panel data regressions. The results show that banks prefer to hold high excess reserves instead of lending to borrowers when they perceive the markets to be risky. Locally owned banks tend to be more efficient in managing their risk than foreign-owned banks, while closed corporations tend to perform better in managing risk than locally owned banks. JEL Classification: G21, G31, G28, O16
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::53e67a501d5b6974d2e4a1659c207862 https://doi.org/10.1177/0972652716645890 Zobrazit plný text záznamu