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2013, vol. 60, br. 5, str. 593-614
Impact of the subprime crisis on commercial banks' financial performance
(naslov ne postoji na srpskom)
aDepartment of Assets and Property Management, Hwa Hsia Institute of Technology, New Taipei City, Taiwan
bDepartment of Finance, Ming Chuan University, Taiwan
cDepartment of Finance, Ocean University of China, Qingdao, Shandong, China

e-adresahihaoa@gmail.com, ralphyclu1@gmail.com, cwsu7137@gmail.com
Sažetak
(ne postoji na srpskom)
We investigated changes in the financial performance of representatives of the world's top 200 commercial banks after the global subprime financial crisis. Our empirical results show that following the subprime-crisis disclosure, all commercial banks exhibited worse performance in asset quality, profitability, liquidity, and growth index, accompanied by risk increases in asset adequacy, managerial ability, profitability, and growth index. Developed markets have suffered a greater negative influence than emerging markets, causing downward pressure on asset adequacy, asset quality, and profitability since the subprime crisis. Commercial banks within developed nations suffered more direct pronounced effects from the subprime crisis than did those in emerging markets. Our results prove that larger commercial banks, particularly those with larger capitalization, have the economies-of-scale advantage to resist the negative effects of economic downturns.
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O članku

jezik rada: engleski
vrsta rada: izvorni naučni članak
DOI: 10.2298/PAN1305593F
objavljen u SCIndeksu: 24.09.2013.

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