SOVEREIGN-BANK NEXUS OF TURKEY: AN ANALYSIS OF SOVEREIGN RISK AND BANKING INDUSTRY PERFORMANCE INDICATORS BASED ON CAMELS RATING SYSTEM

Basit Öğe Kaydı
dc.contributor.authorAltay, Osman
dc.date.accessioned2024-03-13T09:52:19Z
dc.date.available2024-03-13T09:52:19Z
dc.date.issued2021
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description.abstractThis study aims to examine the relationship between sovereign risk andfinancial performance of the Turkish banking industry in order to identify theinteraction channels between these two. To this end, financial data relating to theTurkish banking industry were analyzed based on the CAMELS rating system andwere compared with Turkey’s Credit Default Swap rates using the most appropriatecausality analysis tools. The results showed that there are significant causal relationsbetween sovereign risk and several banking industry indicators of CAMELS ratinggroups. Significant results were obtained especially as to the causalities betweensovereign risk and CAMELS components, which are Capital Adequacy, AssetQuality, Liquidity, and Sensitivity. Empirical study indicates that 13 variables out 26variables have causal relationship with credit default swap rates according to Todaand Yamamoto Granger non-causality test results. Although the directions of causalityvary among these variables, those results, which indicate influence of credit defaultswap rates on banking performance indicators, are remarkableen_US
dc.identifier.endpage235en_US
dc.identifier.issn1302-6739
dc.identifier.issn1308-6979
dc.identifier.issue2en_US
dc.identifier.startpage217en_US
dc.identifier.trdizinid455298en_US
dc.identifier.urihttps://search.trdizin.gov.tr/yayin/detay/455298
dc.identifier.urihttps://hdl.handle.net/20.500.12662/2532
dc.identifier.volume22en_US
dc.indekslendigikaynakTR-Dizinen_US
dc.language.isoenen_US
dc.relation.ispartofDoğuş Üniversitesi Dergisien_US
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.titleSOVEREIGN-BANK NEXUS OF TURKEY: AN ANALYSIS OF SOVEREIGN RISK AND BANKING INDUSTRY PERFORMANCE INDICATORS BASED ON CAMELS RATING SYSTEMen_US
dc.typeArticleen_US

Dosyalar

Koleksiyon

TR-Dizin İndeksli Yayınlar Koleksiyonu