Competitive Environment Hypothesis in Turkish Banking System
This paper investigates the persistence of profit in Turkish banking system for the period of 2004:1 – 2009:4 by focusing net income after tax to total equity (ROE) as profit measures by utilizing panel unit root tests. We found that competition among surviving banks is high in the Turkish Banking...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2011-06-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/28 |