Journal article
Accounting and capital market measures of risk: Evidence from Asian banks during 1998–2003
Journal of Banking & Finance, Vol.32(4), pp.480-488
2008
Abstract
This study examines the relation between accounting and capital market risk measures for a sample of 46 listed Asianbanks during the period 1998–2003. By applying a panel data analysis that includes a control for country-specific factors, the results show that the standard deviation of the return-on-assets and loan-loss-reserves-to-gross-loans are significantly related to total risk. Also gross-loans-to-total-assets and loan-loss-reserves-to-gross-loans are significantly related to non-systematic risk. These results indicate that in these Asian countries, firm-specific risk is more important than systematic risk and the results are robust even though significant differences exist across Asian countries in banking activities, capital adequacy requirements, and deposit insurance protection.
Details
- Title
- Accounting and capital market measures of risk: Evidence from Asian banks during 1998–2003
- Authors/Creators
- A. Agusman (Author/Creator)G.S. Monroe (Author/Creator)D. Gasbarro (Author/Creator)J.K. Zumwalt (Author/Creator)
- Publication Details
- Journal of Banking & Finance, Vol.32(4), pp.480-488
- Publisher
- Elsevier BV
- Identifiers
- 991005545461207891
- Copyright
- 2008 Elsevier BV
- Murdoch Affiliation
- Do not use- Former Murdoch Business School
- Language
- English
- Resource Type
- Journal article
UN Sustainable Development Goals (SDGs)
This output has contributed to the advancement of the following goals:
Source: InCites
Metrics
56 Record Views
InCites Highlights
These are selected metrics from InCites Benchmarking & Analytics tool, related to this output
- Collaboration types
- Domestic collaboration
- International collaboration
- Citation topics
- 6 Social Sciences
- 6.10 Economics
- 6.10.82 Finance-Growth Nexus
- Web Of Science research areas
- Business, Finance
- Economics
- ESI research areas
- Economics & Business