Bank Capital Structure and Procyclicality of Leverage

Ciydem Catak

ISBN 10: 3631746210 / ISBN 13: 9783631746219

Editore: Peter Lang, Peter Lang Okt 2018, 2018

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Neuware -This book investigates the determinants of bank capital structure and procyclical behavior of leverage. A panel data analysis is developed to find out the relation between different types of leverage ratios and asset growth of banks. Furthermore, possible impacts of bank specific and macroeconomic variables on the bank capital structure are discussed. The book concludes that the leverage of Turkish banks is procyclical, which is the outcome of a positive relation between asset growth and leverage. The procyclical leverage could contribute to higher instability in the financial sector and the overall economy. Therefore, further regulations are assumed to be necessary. Size, profit, number of banks, inflation, exchange rate, and gross domestic product are the factors that affect Turkish banks¿ capital structure. 120 pp. Englisch.

Codice articolo 9783631746219

Dati bibliografici

• Titolo: Bank Capital Structure and Procyclicality of Leverage
• Editore: Peter Lang, Peter Lang Okt 2018
• Data di pubblicazione: 2018
• Lingua: Inglese
• ISBN 10: 3631746210
• ISBN 13: 9783631746219
• Rilegatura: Taschenbuch
• Condizione: Neu
• Dimensioni: 210 L x 148 A x 7 P (millimetri) 210 millimetri di larghezza per 148 millimetri di altezza per 7 millimetri di profondità
• Peso: 167 grammi

Descrizione articolo

Riassunto

This book investigates the determinants of bank capital structure and procyclical behavior of leverage. A panel data analysis is developed to find out the relation between different types of leverage ratios and asset growth of banks. Furthermore, possible impacts of bank specific and macroeconomic variables on the bank capital structure are discussed. The book concludes that the leverage of Turkish banks is procyclical, which is the outcome of a positive relation between asset growth and leverage. The procyclical leverage could contribute to higher instability in the financial sector and the overall economy. Therefore, further regulations are assumed to be necessary. Size, profit, number of banks, inflation, exchange rate, and gross domestic product are the factors that affect Turkish banks’ capital structure.

Informazioni sull?autore

Çiydem Çatak received her PhD in Accounting and Finance from Marmara University (Turkey). Her research interests are corporate finance, banking, and financial economics.