Effect of Ownership Structure on Bank Diversification and Risk-Taking Behavior in Bangladesh

• 발행기관: 한국유통과학회
• 저자명: Syed MOUDUD-UL-HUQ Tanmay BISWAS Brishti CHAKRABORTY Md. Al AMIN
• 간행물 정보: 『The Journal of Asian Finance, Economics and Business(JAFEB)』Vol. 7 No.11, 647~656쪽, 전체 10쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2020.11.30

영문 초록

This study empirically examines the effect of ownership structure on bank diversification and risk-taking behavior. The population of this study is based on all commercial banks listed in Bangladesh. Thirty-two conventional commercial banks were randomly selected from thirty-three conventional banks for this study. Data was collected from the annual reports of the concerned banks from 2000 to 2017. To analyze the data, we had applied the two-stage least squares (2SLS) estimator. The results of the analysis show that ownership structure i.e. managerial ownership, institutional ownership, general public ownership, and ownership concentration have a significant negative impact on bank diversification. On the other hand, institutional ownership, managerial ownership, and general public ownership have a significant positive impact on Z-score, and ownership concentration has an insignificant but positive impact on the Z-score of banks in Bangladesh. Therefore, the study opposes the benefits of diversification and promotes ownership structure which is capable of ensuring better financial stability by reducing the probability of risk. The policy-makers especially, Bangladesh banks should evaluate the fact of this study to issue guidelines on corporate governance, bank diversification, and risk-taking behavior of commercial banks.

목차

1. Introduction

2. Literature Review and Hypotheses Development

3. Research Framework and Econometric Modeling

4. Empirical Result and Analysis

5. Conclusions and Recommendation

References

키워드

Ownership Structure Diversification Bank Risk Ownership Concentration Two-stage Least Squares