Bank Performance in Europe and the US: A Divergence in Market-to-Book Ratios

Simoens, Mathieu; Vennet, Rudi Vander

doi:10.2139/ssrn.3509057

Cited by 3 publications

(2 citation statements)

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“…Salah satu aspek keuangan penting yang memengaruhi nilai perusahaan adalah profitabilitas yang diukur dengan return on assets (ROA). Rasio yang menghitung seberapa besar aset memberikan kontribusi bagi keuntungan ini telah dibuktikan pengaruhnya terhadap nilai perusahaan olehSimoens & Vennet (2021), Repi & Murni (2016) serta Halimah & Komariah (2017), yang menemukan bahwa ROA berpengaruh signifikan terhadap peningkatan nilai perusahaan. Namun terdapat beberapa temuan berbeda, seperti disimpulkan Putra & Chabachib (2007) serta Maimunah & Fahtiani (2019) yang menunjukkan bahwa ROA tidak berpengaruh terhadap PBV.…”

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Corporate Governance dan Kinerja Keuangan : Dampaknya Pada Nilai Perusahaan

Priharta

Buana

Diana

et al. 2022

JAGo

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Firm value reflects the market price of the stock that investors are able to pay. CGPI, ROA, NIM and LDR are factors thought to influence PBV. Panel data regression analysis with the common effect model is used to analyze the influence between variables with the object of research by BUMN Banks in Indonesia. There are four banks in the population, all of which are sampled, namely Bank Negara Indonesia (BBNI), Bank Rakyat Indonesia (BBRI), Bank Tabungan Negara (BBTN) and Bank Mandiri (BMRI). The research period is from 2011 to 2020. The results showed that CGPI, ROA and NIM have a positive and significant effect, while LDR has a negative and significant effect on PBV.

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Corporate Governance dan Kinerja Keuangan : Dampaknya Pada Nilai Perusahaan

Priharta

Buana

Diana

et al. 2022

JAGo

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“…Market to Book (MTB) -Medida pelo valor de mercado divido pelo valor contábil (Forti, Peixoto, & Alves, 2015;Simoens & Vennet, 2019). Espera-se que os Fundos de ações prefiram alocar mais recursos em empresas que ofereçam um melhor fluxo de caixa presente e futuro para seus acionistas, ou seja, que tenham maior Market to Book, portanto o sinal esperado para essa variável é positivo Sobrinho & Malaquias, 2018;Fama & French, 2015;Chen & Zhao, 2006).…”

Section: -Dados E Amostraunclassified

Estilo de investimento de fundos de ações e regionalidade: explorando o efeito de notícias sobre empresas envolvidas em corrupção

Dias¹

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This work sought to verify the impacts caused by the divulgation of possible involvement in corruption of companies in the management of Stock's Investment Funds. Financial data from publicy traded companies and Stock's Investments Funds registered at the CVM were used, collected on the Economática database and B3 website, with observations between 2012 and 2019. Secondary data were used in relation to data collected of the news that publicize possible involvement in corporate corruption. The first work sought to analyze the effects of this possible involvement in the allocation of resources and turnover of Stock's Investment Funds portfolios, as well to assess the impact of Funds allocation in firms located in Triângulo Mineiro/Alto Paranaíba, due to the economic growth in recent years. Linear regression with painel data was used (random effect), and also tobit regression. Results showed, on average, Stock's Investment Funds invest less resources in companies that have had news related to corruption, reduce the percentage of their portfolios allocated to companies possibly involved in corruption, and Stock's Investment Funds with at least one company in the portfolio with news of possible involvement in corruption showed a higher turnover portfolio. In the period, the Stock's Investment Funds preferred to reduce the amount of resources allocated in companies with some relationship with Triângulo Mineiro/Alto Paranaíba regions. The second article aimed to assess if the Stock's Investment Funds performance's is damaged by the propagation of possible involvement in cases of corruption by the companies. Pooled and random effect OLS were used, and the work identified that Stock's Investment Funds wich have companies in their portfolio with news of possibly involvement in corruption's cases have their performance damaged. The study contributed to the literature related to the topic approaching how Stock's Investment Funds react to corporate corruption news and also helps companies and managers to evaluated their investments, aware of the impacts on the possible involvement of their assets in illicit activities. In addition, the present work also helps other types of investors (individuals, public agencies, among others) to analyze the impact of propagation of possible involvement is asset corruption, and how it can interfere in their investments.

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Impact of Audit Committee Quality on the Financial Performance of Conventional and Islamic Banks

Haddad

Ammari

Bouri

2021

JRFM

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A lot of previous research studied the relationship between audit committee quality and the financial performance of conventional banks before and during the subprime crisis, whereas some other investigations analyzed the same association in the framework of Islamic banks. However, no study has compared these two correlations either before, during, or after the subprime crisis. Several reasons explain the differences, such as the audit committee quality of each bank type, the evaluation method of the financial performance, the research peculiarities, the methodology, the data, and the interpretation. This research aims to compare the impacts of the audit committees’ quality on the financial performance of Islamic and conventional banks between 2010 and 2019. The financial performance measures and audit committees’ determinants of the conventional and Islamic banks concerned 112 banks of each type. The collected data covered four continents: America, Asia, Africa, and Europe. Impacts were compared by using the Generalized Least Squares analysis. The results showed that the audit committee reduced the profitability of two bank types. Moreover, it harmed the conventional banks’ efficiency but reported an unclear effect within Islamic banks. Even so, we noticed that the audit committee had a positive impact on the conventional banks’ liquidity, while the same effect was apparently ambiguous for the Islamic banks’ liquidity. For solvency, the audit committee positively influenced conventional banks while it affected that of Islamic banks.

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Bank Performance in Europe and the US: A Divergence in Market-to-Book Ratios

Cited by 3 publications

References 0 publications

Corporate Governance dan Kinerja Keuangan : Dampaknya Pada Nilai Perusahaan

Corporate Governance dan Kinerja Keuangan : Dampaknya Pada Nilai Perusahaan

Estilo de investimento de fundos de ações e regionalidade: explorando o efeito de notícias sobre empresas envolvidas em corrupção

Impact of Audit Committee Quality on the Financial Performance of Conventional and Islamic Banks

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