Effect of Banking Regulation on Performance: Evidence from Turkey

被引:15
作者
Ozkan, Serdar [1 ]
Balsari, Cagnur Kaytmaz [2 ]
Varan, Secil [2 ]
机构
[1] Izmir Univ Econ, Izmir, Turkey
[2] Dokuz Eylul Univ, Izmir, Turkey
关键词
banking sector; corporate governance; financial crises; regulation; Turkey; CORPORATE GOVERNANCE; EFFICIENCY; OWNERSHIP; CRISIS; REFORM; IMPACT;
D O I
10.2753/REE1540-496X500412
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this study, we investigate the effect of regulation on banking sector performance in an emerging country context. Consecutive crises in the early 2000s led to three waves of reformist banking regulations in Turkey: (1) the banking sector restructuring program in 2002, (2) limitation of the full deposit insurance system in 2004, and (3) a corporate governance-related banking law in 2005. Results show that these actions had a positive effect on bank lending, asset quality, and profitability. Findings also support the view that the sequence and timing of banking reforms in Turkey acted as a shield against the global financial crisis of 2008.
引用
收藏
页码:196 / 211
页数:16
相关论文
共 28 条
[1]   Financial reform: What shakes it? What shapes it? [J].
Abiad, A ;
Mody, A .
AMERICAN ECONOMIC REVIEW, 2005, 95 (01) :66-88
[2]  
[Anonymous], 2725 WORLD BANK
[3]   Corporate governance and bank performance: A joint analysis of the static, selection, and dynamic effects of domestic, foreign, and state ownership [J].
Berger, AN ;
Clarke, GRG ;
Cull, R ;
Klapper, L ;
Udell, GF .
JOURNAL OF BANKING & FINANCE, 2005, 29 (8-9) :2179-2221
[4]   Privatisation around the world: evidence from panel data [J].
Bortolotti, B ;
Fantini, M ;
Siniscalco, D .
JOURNAL OF PUBLIC ECONOMICS, 2004, 88 (1-2) :305-332
[5]  
Bredenkamp H, 2009, SUCCESSES OF THE INTERNATIONAL MONETARY FUND: UNTOLD STORIES OF COOPERATION AT WORK, P64
[6]  
Choi S., 2005, Financial Markets, Institutions and Instruments, V14, P215, DOI DOI 10.1111/J.0963-8008.2005.00104.X
[7]   Corporate Governance, Opaque Bank Activities, and Risk/Return Efficiency: Pre- and Post-Crisis Evidence from Turkey [J].
De Jonghe, Olivier ;
Disli, Mustafa ;
Schoors, Koen .
JOURNAL OF FINANCIAL SERVICES RESEARCH, 2012, 41 (1-2) :51-80
[8]   Deposit insurance around the globe:: Where does it work? [J].
Demirgüç-Kunt, A ;
Kane, EJ .
JOURNAL OF ECONOMIC PERSPECTIVES, 2002, 16 (02) :175-195
[9]  
Demirguc-Kunt A., 2003, 3030 WORLD BANK DEV
[10]  
Dewatripont M., 1993, PRUDENTIAL REGULATIO