市场力量与银行盈利能力:来自黑山和塞尔维亚的证据

IF 1.7 Q3 BUSINESS, FINANCE

Journal of Central Banking Theory and Practice Pub Date : 2022-01-01 DOI:10.2478/jcbtp-2022-0001

Z. Grubišić, Sandra Kamenković, Tijana Kaličanin

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引用次数: 9

摘要

本研究利用2010年第一季度至2019年第四季度在塞尔维亚和黑山开展业务的银行的财务报告数据，调查了银行业盈利能力与市场支撑力之间的关系。为了研究这种关系，银行盈利能力的决定因素分为内部和外部。作为外部决定因素，我们计算并使用选定的集中度比率来衡量市场力量。总共应用了16个面板回归模型，每个国家8个。结果表明，塞尔维亚资产收益率和股本收益率的变化可以用集中度的变化来解释。另一方面，应用于黑山银行业的面板回归模型的结果并没有给出足够的论据来支持这种解释，银行盈利能力在一定程度上可以用银行效率来解释。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Market Power and Bank Profitability: Evidence from Montenegro and Serbia

Abstract This study investigates the relationship between profitability and market power in the banking sector using data from the financial reports of the banks that operated in Serbia and Montenegro, covering the period from the first quarter of 2010 to the last quarter of 2019. In order to investigate this relationship, determinants of bank profitability are split between internal and external. As the external determinants, selected ratios of concentration were calculated and used in order to measure market power. The total of sixteen panel regression models were applied, eight for each country. The results indicate that variations of return on assets and return on equity in Serbia can be explained by the variations of the ratios of concentration. On the other hand, results of the panel regression model applied for the banking sector of Montenegro does not give enough argument to support such explanation, and bank profitability can be explained by bank efficiency to some extent.

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来源期刊

Journal of Central Banking Theory and Practice BUSINESS, FINANCE-

CiteScore

2.80

自引率

57.10%

发文量

审稿时长

7 weeks

期刊介绍： Journal of Central Banking Theory and Practice is a scientific journal dedicated to publishing quality papers and disseminating original, relevant and applicable economic research. Scientific and professional papers that are published in the Journal of Central Banking Theory and Practice cover theoretical and practical aspects of central banking, monetary policy, including the supervision issues, as well as banking and management in central banks. The purpose of the journal is to educate the general public about the key issues that the central bankers globally face, as well as about contemporary research and achievements in the field of central banking theory and practice.