Development of a methodology of evaluation of financial stability of commercial banks
| Autor: | Romualdas Ginevičius, Askoldas Podviezko, Willem K. Brauers |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2014 |
| Předmět: |
Financial stability
MOORA Economics MOORA MULTIMOORA Bank evaluation Financial stability CAMEL jel:C61 lcsh:Economic theory. Demography MULTIMOORA Financial system jel:C44 Multiple-criteria decision analysis jel:G21 bank evaluation CAMEL lcsh:HB1-3840 Information asymmetry jel:O22 Financial crisis Business General Economics Econometrics and Finance financial stability |
| Zdroj: | Panoeconomicus, Vol 61, Iss 3, Pp 349-367 (2014) Panoeconomicus |
| ISSN: | 2217-2386 1452-595X |
| Popis: | The field of evaluation of financial stability of commercial banks, which emanates from persistent existence of financial crisis, induces interest of researchers for over a century. The span of prevailing methodologies stretches from over-simplified risk-return approaches to ones comprising large number of economic variables on the micro- and/or macro-economic level. Methodologies of rating agencies and current methodologies reviewed and applied by the ECB are not intended for reducing information asymmetry in the market of commercial banks. In the paper it is shown that the Lithuanian financial system is bank-based with deposits of households being its primary sources, and its stability is primarily depending on behavior of depositors. A methodology of evaluation of commercial banks with features of decreasing information asymmetry in the market of commercial banks is being developed by comparing different MCDA methods. Key words: MOORA, MULTIMOORA, Bank evaluation, Financial stability, CAMEL.JEL: C44, C61, G21, O22. |
| Databáze: | OpenAIRE |
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