Determinanty bezpieczeństwa finansowego banków giełdowych w krajach Europy Środkowo-Wschodniej
Determinants of financial safety listed banks in the countries of Central and Eastern Europe
Author(s): Krzysztof KilSubject(s): Economy
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: listed banks; financial safety; CEE; Z-score
Summary/Abstract: The paper analyzes determinants of financial safety of listed banks in countries of Central and Eastern Europe in the years 2004–2014, with the countries being divided into groups: Central Europe, South-Eastern Europe and the Commonwealth of Independent States. An overview of selected existing research in this area was presented and the impact of macro- and microeconomic factors on the safety factor, measured by total capital ratio, Tier 1 and E/A and the index Z-score, was assessed. Significant differences in safety determinants between banks in different research groups, both pre- and post-crisis, were observed.
Journal: Zarządzanie Finansami i Rachunkowość
- Issue Year: 3/2015
- Issue No: 4
- Page Range: 5-17
- Page Count: 13
- Language: Polish