Abstract
Banks play a crucial role in the economy and improving their performance leads to healthier economic activities. Therefore, the methods of efficiently measuring bank performance need to be highlighted. The "CAMELS" rating system has become the most comprehensive and contemporary measurement method in this context. Various factors, both bank-specific and country-specific, affect bank performance. Among these factors, the Worldwide Governance Indicators reflect the public's perception of institutional quality, a proxy for country-specific factors. This study aims to analyze the impact of the Worldwide Governance Indicators on bank performance, using a sample of 1649 banks in 26 emerging countries within the 2008-2018 period. The system GMM results demonstrate that these indicators significantly affect banking performance in different aspects and directions.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.