Comparative studies of risk, concentration and efficiency in transition economies

Authors: Djalilov, K., Lyeonov, S. and Buriak, A.

Journal: Risk Governance and Control: Financial Markets and Institutions

Volume: 5

Issue: 4CONT1

Pages: 178-187

eISSN: 2077-4303

ISSN: 2077-429X

DOI: 10.22495/rgcv5i4c1art7

Abstract:

This paper compares the risk taking behaviour of banks in two groups of early and late transition countries during two periods: the pre-crisis (2000-2006) and the financially turbulent (2007-2012). Using data for 254 banks for the period 2000-2012 we find that during the stable period (2000-2006) the banks with higher concentration and higher technical efficiency take more risks in the late transition countries, while this is ambiguous for the turbulent period (2007-2012). This supports the ‘competition-stability’ hypothesis during the stable period (2000-2006) for the late transition countries. Although the concentration ratio did not change much in the early transition countries for the periods 2000-2006 and 2007-2012, the banks with higher concentration and higher technical efficiency tend to take less risks during the stable period (2000-2006), but more during the turbulent period (2007-2012).

Source: Scopus

Comparative Studies of Risk, Concentration and Efficiency in Transition Economies

Authors: Djalilov, K., Leonov, S. and Buriak, A.

Conference: International Competition in Banking: Theory and Practice

Dates: 22 May 2014

Source: Manual