Izvorni znanstveni članak

https://doi.org/10.1080/1331677X.2019.1666023

Do legal and institutional environments matter for banking system performance?

José Arias ; School of Business and Economics, Universidad Católica de la Santísima Concepción, , Chile. Middlesex University London, UK
Carlos Maquieira ; Escuela de Postgrado, Universidad del Pacífico, Lima, Perú
Mauricio Jara ; School of Economics and Business, Universidad de Chile, Chile

Sažetak

Using data on 52 countries’ banking systems from 2005 to 2014, we explore how the legal and institutional environment influences banking system performance. Using panel data and controlling for financial and economic development indicators, we find evidence of several relationships related to banking system performance. First, a higher degree of legal protection for both lenders and borrowers positively affects banking system performance. Second, there is a positive relationship between the degree of law enforcement and banking system performance. Third, better regulatory quality positively affects banking system performance. Fourth, neither the degree of information sharing nor the control of corruption has a significant effect on banking sector performance. Finally, we find no significant differences in banking sector performance by type of economy.

Ključne riječi

legal protection; law enforcement; information sharing; banking performance

Hrčak ID:

229833

URI

https://hrcak.srce.hr/229833

Datum izdavanja:

9.2.2021.

Posjeta: 1.137 *