bibtype J - Journal Article
ARLID 0533387
utime 20240103224558.5
mtime 20201022235959.9
SCOPUS 85089382624
WOS 000569440600013
DOI 10.1016/j.iref.2020.06.020
title (primary) (eng) Bank Survival in Central and Eastern Europe
specification
page_count 18 s.
media_type P
serial
ARLID cav_un_epca*0362150
ISSN 1059-0560
title International Review of Economics & Finance
volume_id 69
volume 1 (2020)
page_num 860-878
publisher
name Elsevier
keyword bank survival
keyword banking reform
keyword European emerging markets
keyword survival and exit determinants
keyword hazards model
author (primary)
ARLID cav_un_auth*0312139
name1 Kočenda
name2 Evžen
institution UTIA-B
full_dept (cz) Ekonometrie
full_dept (eng) Department of Econometrics
department (cz) E
department (eng) E
full_dept Department of Econometrics
country CZ
fullinstit Ústav teorie informace a automatizace AV ČR, v. v. i.
author
ARLID cav_un_auth*0390681
name1 Iwasaki
name2 I.
country JP
source
url http://library.utia.cas.cz/separaty/2020/E/kocenda-0533387.pdf
source
url https://www.sciencedirect.com/science/article/pii/S1059056020301337
cas_special
abstract (eng) We analyze factors linked to bank survival on large dataset covering 17 CEE markets during the period of 2007-2015 by estimating the Cox proportional hazards model. We group banks across countries and according to their financial soundness. The overall financial development improves survival probabilities and its impact exhibits decreasing marginal returns as it is strongest in countries with lower level of financial development and banking reforms and in banks with low level of solvency. Measures of ownership structure, legal form, and corporate governance are the key economically significant factors that exhibit strongest economic effect on bank survival. Financial performance indicators predict bank survival rate with intuitively expected positive impact but their effect, in terms of economic significance, is smaller in comparison to other factors as well as the impact found in developed markets. Effect of above factors is most pronounced for banks with low financial soundness in term of their solvency. Results also appear to indicate that it makes exit more likely during the global financial crisis (GFC), shortly afterwards, and during the initial stage of the European sovereign debt crisis. The results are robust with respect to size, age, and alternative assumptions on survival distribution.
result_subspec WOS
RIV AH
FORD0 50000
FORD1 50200
FORD2 50202
reportyear 2021
num_of_auth 2
inst_support RVO:67985556
permalink http://hdl.handle.net/11104/0311794
confidential S
mrcbC86 2 Article Business Finance|Economics
mrcbC91 C
mrcbT16-e BUSINESSFINANCE|ECONOMICS
mrcbT16-i 1.00877
mrcbT16-j 0.553
mrcbT16-s 0.781
mrcbT16-B 32.502
mrcbT16-D Q3
mrcbT16-E Q2
arlyear 2020
mrcbU14 85089382624 SCOPUS
mrcbU24 PUBMED
mrcbU34 000569440600013 WOS
mrcbU63 cav_un_epca*0362150 International Review of Economics & Finance 1059-0560 1873-8036 Roč. 69 č. 1 2020 860 878 Elsevier