Anahtar Kelimeler
Nasıl Atıf Yapılır
Öz
Bu çalışma, 2011–2024 döneminde Türkiye’de faaliyet gösteren 11 ticari bankaya ait panel veriyi kullanarak finansal türev ürün kullanımı, banka riski ve kârlılık arasındaki ilişkiyi rassal etkiler modeli ve kümelenmiş dirençli standart hatalara sahip rassal etkiler modeli aracılığıyla incelemektedir. Banka riski modelinden elde edilen bulgular, türev ürün kullanımının banka riski üzerinde istatistiksel olarak anlamlı bir etkisinin bulunmadığını göstermektedir. Buna karşılık, kredilerin toplam aktiflere oranındaki değişim Z-skoru ile negatif ilişkilidir; bu durum, kredi yoğunluğundaki artışın banka riskini artırdığına işaret etmektedir. Ayrıca, banka büyüklüğü bankaların Z-skorları ile pozitif ilişkilidir; bu da daha büyük bankaların daha düşük risk düzeyine sahip olma eğiliminde olduğunu göstermektedir. Kârlılık modelinde ise, türev ürün kullanımı aktif kârlılığı ile negatif ilişkilidir; ancak bu ilişkinin kümelenmiş dirençli standart hatalar kullanıldığında zayıfladığı görülmektedir. Sonuçlar ayrıca, maliyet-gelir oranının kârlılık ile negatif, gayri safi yurt içi hasılanın ise aktif kârlılığı ile pozitif ilişkili olduğunu göstermektedir. Genel olarak bulgular, türev ürünlerin Türk ticari bankalarının risk ve kârlılık yapısını belirlemede belirleyici bir rol oynamadığını; buna karşılık banka özgü ve makroekonomik faktörlerin daha etkili olduğunu ortaya koymaktadır.
Makale Kullanım İstatistikleri
İndirmeler
Referanslar
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