Theoretical and Applied Economics
No. 9 / 2014 (598)
Heterogeneous funding patterns and income structure of Croatian banks: panel data evidence
University of Split, Croatia
Abstract. Dependence of the bank income statement indicators on its capital structure is in the focus of this paper. The dynamic panel data analysis encompasses 28 commercial banks from the Republic of Croatia in a pre-recession period i.e. 2003-2008 with a goal of estimating whether heterogeneity of capital structures among banks in Croatia explains differences seen in their profitability. In comparison to the existing empirical background on the capital structure and bank financial performance nexus, the novelty of this research is in the operating margin which is being defined as a dependent variable, among the other usually employed proxies of the bank profitability.
Keywords: bank funding, liability management, operating margin, commercial banks, Croatia.
Contents
- Diversifying the risk through portfolio investment
Gabriela Victoria ANGHELACHE
Constantin ANGHELACHE
- Heterogeneous funding patterns and income structure
of Croatian banks: panel data evidence
Ana KUNDID
- Young people’s considerations regarding the fidelity
of tourism products consumption
Andreea BOTOŞ
Aurelia-Felicia STĂNCIOIU
Anamaria-Cătălina RADU
Nicolae TEODORESCU
- A stochastic convergence analysis
for selected East Asian and Pacific countries:
A Fourier unit root test approach
Veli YILANCI
Ercan SARIDOĞAN
Okşan ARTAR
- Economic disparities between urban and rural
Romanian labor market
Mihaela Roberta STANEF
- Corporate social responsibility reporting of the banks
in Bosnia and Herzegovina, Croatia and Montenegro
Andrijana ROGOŠIĆ
- Demo-economic restructuring in South-Muntenia
development region. Causes and effects
on the regional economy
Ionuţ BUŞEGA
- Adaptability and competitiveness of Romanian
aeronautical industry in the European context
Daniela MOCENCO
- Assessment of key determinants for economic growth
in Pakistan
Sami ULLAH
Saleem KHAN
Farid ULLAH
- The public debt management and the political marketing
in the context of negative economic fluctuations
on a global level
Claudia BENCHESCU
Cosmin-Mihai LEFTER
Daniel Constantin PETREA
Alexandru BODISLAV