Analyzing Risk Determinants in Banks: An Empirical Investigation from UK

In order to maintain stable and successful run of the business operations and maximize shareholder value through the trade-off between risk and return, banks should manage multiple types of risks appropriately. This study seeks to investigate specific determinants of credit risk and liquidity risk o...

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Main Author: ZOU, YINAN
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2013
Subjects:
Online Access:https://eprints.nottingham.ac.uk/26280/
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author ZOU, YINAN
author_facet ZOU, YINAN
author_sort ZOU, YINAN
building Nottingham Research Data Repository
collection Online Access
description In order to maintain stable and successful run of the business operations and maximize shareholder value through the trade-off between risk and return, banks should manage multiple types of risks appropriately. This study seeks to investigate specific determinants of credit risk and liquidity risk of banks in United Kingdom (UK). For this purpose, two models are built, in which these two types of risks are employed as dependent variables respectively while bank size, capital (measured by equity to assets ratio) are used as independent variables. In addition, GDP acts as a control variable. All the estimates in this study indicate that bank size has significant negative effects on both credit risk and liquidity risk of UK banks. Equity to assets ratio, which used to measure capital structure of firms, is significantly negatively related with credit risks of banks in UK in the preferred instrumental variable (IV) estimates while has no significant relation with liquidity risk of banks in all the estimates. Finally, GDP negatively affects banks’ liquidity risk in all the estimates while has fairly significant and negative influence on credit risk of banks under the preferred IV model.
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spelling nottingham-262802017-10-19T21:11:00Z https://eprints.nottingham.ac.uk/26280/ Analyzing Risk Determinants in Banks: An Empirical Investigation from UK ZOU, YINAN In order to maintain stable and successful run of the business operations and maximize shareholder value through the trade-off between risk and return, banks should manage multiple types of risks appropriately. This study seeks to investigate specific determinants of credit risk and liquidity risk of banks in United Kingdom (UK). For this purpose, two models are built, in which these two types of risks are employed as dependent variables respectively while bank size, capital (measured by equity to assets ratio) are used as independent variables. In addition, GDP acts as a control variable. All the estimates in this study indicate that bank size has significant negative effects on both credit risk and liquidity risk of UK banks. Equity to assets ratio, which used to measure capital structure of firms, is significantly negatively related with credit risks of banks in UK in the preferred instrumental variable (IV) estimates while has no significant relation with liquidity risk of banks in all the estimates. Finally, GDP negatively affects banks’ liquidity risk in all the estimates while has fairly significant and negative influence on credit risk of banks under the preferred IV model. 2013-04-30 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/26280/1/dissertation_20130330-ZouYinan.pdf ZOU, YINAN (2013) Analyzing Risk Determinants in Banks: An Empirical Investigation from UK. [Dissertation (University of Nottingham only)] (Unpublished) Risk Management Risk Factor Credit Risk Liquidity Risk Banks in UK
spellingShingle Risk Management
Risk Factor
Credit Risk
Liquidity Risk
Banks in UK
ZOU, YINAN
Analyzing Risk Determinants in Banks: An Empirical Investigation from UK
title Analyzing Risk Determinants in Banks: An Empirical Investigation from UK
title_full Analyzing Risk Determinants in Banks: An Empirical Investigation from UK
title_fullStr Analyzing Risk Determinants in Banks: An Empirical Investigation from UK
title_full_unstemmed Analyzing Risk Determinants in Banks: An Empirical Investigation from UK
title_short Analyzing Risk Determinants in Banks: An Empirical Investigation from UK
title_sort analyzing risk determinants in banks: an empirical investigation from uk
topic Risk Management
Risk Factor
Credit Risk
Liquidity Risk
Banks in UK
url https://eprints.nottingham.ac.uk/26280/