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https://doi.org/10.1080/1331677X.2015.1041778

Profit persistence and determinants of bank profitability in Croatia

Maja Pervan   ORCID icon orcid.org/0000-0001-6895-5258
Iva Pelivan
Josip Arnerić   ORCID icon orcid.org/0000-0002-2901-2609

Puni tekst: engleski, pdf (408 KB) str. 284-298 preuzimanja: 761* citiraj
APA 6th Edition
Pervan, M., Pelivan, I. i Arnerić, J. (2015). Profit persistence and determinants of bank profitability in Croatia. Economic research - Ekonomska istraživanja, 28 (1), 284-298. https://doi.org/10.1080/1331677X.2015.1041778
MLA 8th Edition
Pervan, Maja, et al. "Profit persistence and determinants of bank profitability in Croatia." Economic research - Ekonomska istraživanja, vol. 28, br. 1, 2015, str. 284-298. https://doi.org/10.1080/1331677X.2015.1041778. Citirano 24.01.2020.
Chicago 17th Edition
Pervan, Maja, Iva Pelivan i Josip Arnerić. "Profit persistence and determinants of bank profitability in Croatia." Economic research - Ekonomska istraživanja 28, br. 1 (2015): 284-298. https://doi.org/10.1080/1331677X.2015.1041778
Harvard
Pervan, M., Pelivan, I., i Arnerić, J. (2015). 'Profit persistence and determinants of bank profitability in Croatia', Economic research - Ekonomska istraživanja, 28(1), str. 284-298. https://doi.org/10.1080/1331677X.2015.1041778
Vancouver
Pervan M, Pelivan I, Arnerić J. Profit persistence and determinants of bank profitability in Croatia. Economic research - Ekonomska istraživanja [Internet]. 2015 [pristupljeno 24.01.2020.];28(1):284-298. https://doi.org/10.1080/1331677X.2015.1041778
IEEE
M. Pervan, I. Pelivan i J. Arnerić, "Profit persistence and determinants of bank profitability in Croatia", Economic research - Ekonomska istraživanja, vol.28, br. 1, str. 284-298, 2015. [Online]. https://doi.org/10.1080/1331677X.2015.1041778

Sažetak
The aim of this research was to determine the persistence of prof
banking sector of the Republic of Croatia. Most developing countries have experienced common changes within restructuring of the banking system and therefore, this issue has become crucial, especially after comparing poor empirical findings in these countries to the findings of developed countries. However, research related to this issue is non-existent in the Croatian banking sector. Moreover, among the few studies that were carried out on the territory of the Central and Eastern European banking markets, none of the studies have analysed the persistence of profit in terms of the Markov Chain stochastic process. In addition to the profit persistence analysis,
authors defined and estimated a model that would enable the identification of the profitability determinants of Croatian banks. In this sense, the model incorporated three groups of profitability determinants: bank-specific, industry-specific and macroeconomic. The variables with a statistically significant impact on the profitability
of banks were identified using a dynamic panel model, while the application of the Markov Chains stochastic process revealed that profit persistence was less likely to occur in banks with higher profit.

Ključne riječi
profit persistence; profitability determinants; dynamic panel model; Markov chain; banks; Croatia

Hrčak ID: 171512

URI
https://hrcak.srce.hr/171512

Posjeta: 865 *