RT info:eu-repo/semantics/workingPaper
T1 Country Creditor Rights, Information Sharing and Commercial Banks Profitability Persistence across the world
A1 Amor Tapia, Borja
A1 Tascón Fernández, María Teresa
A1 Fanjul Suárez, José Luis
A2 Economia Financiera y Contabilidad
K1 Contabilidad
K1 Economía
K1 Finanzas
K1 Return on equity (ROE)
K1 Commercial banks
K1 Creditor rights
K1 Information sharing
K1 Predictive ability of accounting
AB [EN] We analyze the persistence of commercial banks’ profitability (Return on Equity, ROE) in different levels of creditor rights and an aggregate score of information sharing in terms of credit bureaus. After controlling for bank size and some macroeconomicvariables, the results indicate that permanent profitability tend to disappear while profitability persistence is higher when creditors are well protected. Furthermore, the presence of a credit bureau (public or private) increases the persistence of ROE, but higher levels of information sharing foster competition and erode future profitability.
LK https://hdl.handle.net/10612/19608
UL https://hdl.handle.net/10612/19608
DS BULERIA. Repositorio Institucional de la Universidad de León
RD 21-may-2024