In this paper, the authors investigate the effects of foreign capital entry on bank performance in the Republic of Macedonia for the 2004-2012 period. They develop a theoretical model of foreign bank and foreign capital entry, followed by an empirical model in which they use the return on average assets (ROAA), the net-interest margin (NIM), and the overhead ratio as dependent variables, and the foreign capital factors combined with other control variables on the side of independent variables. The estimation results from the panel regression analysis and indicates to a positive effect the return on average assets (ROAA) and the negative implications of the net-interest margin (NIM) and the overhead ratio.
Effects of foreign capital entry on the macedonian banking industry: Two-edged sword
Sergi, Bruno S.
;
2018-01-01
Abstract
In this paper, the authors investigate the effects of foreign capital entry on bank performance in the Republic of Macedonia for the 2004-2012 period. They develop a theoretical model of foreign bank and foreign capital entry, followed by an empirical model in which they use the return on average assets (ROAA), the net-interest margin (NIM), and the overhead ratio as dependent variables, and the foreign capital factors combined with other control variables on the side of independent variables. The estimation results from the panel regression analysis and indicates to a positive effect the return on average assets (ROAA) and the negative implications of the net-interest margin (NIM) and the overhead ratio.Pubblicazioni consigliate
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