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.
Contents
Diversifying the risk through portfolio investment
Heterogeneous funding patterns and income structure of Croatian banks: panel data evidence
Young people’s considerations regarding the fidelity of tourism products consumption
A stochastic convergence analysis for selected East Asian and Pacific countries: A Fourier unit root test approach
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Corporate social responsibility reporting of the banks in Bosnia and Herzegovina, Croatia and Montenegro
Demo-economic restructuring in South-Muntenia development region. Causes and effects on the regional economy
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Assessment of key determinants for economic growth in Pakistan
The public debt management and the political marketing in the context of negative economic fluctuations on a global level