Comparative studies of risk, concentration and efficiency in transition economies
| Autor: | Anna Buriak, Serhiy Lyeonov, Khurshid Djalilov |
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| Jazyk: | angličtina |
| Rok vydání: | 2015 |
| Předmět: | |
| Zdroj: | Risk Governance & Control: Financial Markets & Institutions, Vol 5, Iss 4-1, Pp 177-186 (2015) Scopus-Elsevier |
| ISSN: | 2077-4303 |
| Popis: | This paper compares the risk taking behaviour of banks in two groups of early and late transition countries during two periods: the pre-crisis (2000-2006) and the financially turbulent (2007-2012). Using data for 254 banks for the period 2000-2012 we find that during the stable period (2000-2006) the banks with higher concentration and higher technical efficiency take more risks in the late transition countries, while this is ambiguous for the turbulent period (2007-2012). This supports the ‘competition-stability’ hypothesis during the stable period (2000-2006) for the late transition countries. Although the concentration ratio did not change much in the early transition countries for the periods 2000-2006 and 2007-2012, the banks with higher concentration and higher technical efficiency tend to take less risks during the stable period (2000-2006), but more during the turbulent period (2007-2012). |
| Databáze: | OpenAIRE |
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