Assay the Effect of revenue Diversification on performance in Accepted Banks in Tehran Stock Exchange
Subject Areas : Financial Knowledge of Securities Analysis
seyed kazem
Ebrahimi
1
(استادیار دانشکده اقتصاد و مدیریت دانشگاه سمنان)
Mehri
Shahriyari
2
(دانشجوی کارشناس ارشد مدیریت MBA گرایش مالی)
Soheyla
Mehman-navazan
3
(کارشناس ارشد مدیریت بازرگانی – گرایش مالی، دانشگاه سمنان)
Keywords: revenue Diversification, Bank performance, Panel data,
Abstract :
To create diversified revenue strategies for the purpose of value and performance improvement has become vital due to the globalization of the banking industry.This article investigates the effect of revenue Diversification on Performance in Accepted Banks in Tehran Stock Exchange from 1388 until the end of 1392. The population of the study are the accepted banks in Tehran Stock Exchange.Variables needed to use the software Excel calculated and then through multiple regressions, using Eviews software and Fisher F test research hypotheses were testedWith this study, it was found that revenue Diversification and ROA have a positive impact and cost- to- income have a negative impact on bank performance. The results show that equity and bank size have no effect on the Bank's Performance.
* رسول‌اف، جلال(1391). راهبردهای بهبود و تنوع خدمات در نظام بانکی کشور، مجموعه مقالات شانزدهمین همایش بانکداری اسلامی، صص 192-235
* زنگی آبادی، علی و حسینی، رحمان‌علی(1389). سیر تحول بانکداری از آغاز تاکنون، مجله بانک و اقتصاد، شماره 110، صص 17-27
* عباسقلی پور، محسن(1389). عوامل موثر بر بهبود عملکرد بانکها، مجله بانک و اقتصاد، شماره 106، صص 24-35
* Baele, L., Jonghe, O.D., Venner, R.V., (2007),Does the stock market value bank diversification? Journal of Banking and Finance 31
* Berger,A.N.Hasan,I. Korhonen,I.Zhou.M (2010), Does Diversification Increase or Decrease Bank Risk and Performance? Evidence on diversification and the Risk-Return Tradeoff, mooreschool.sc.edu
* Elsas, R., Hackethal, A., Holzhauser, M.,(2010). The anatomy of bank diversification. Journal of Banking and Finance 34: 1274–1287
* Fu,X.,Lin,Y.&Molyneux,P.(2014),Bank efficiency and shareholder value in Asia pacific, Int.Fin.markets,Inst.and money 33: 200-222
* Kiweu.J.M (2012), Income diversification in the banking sector and earning volatility:evidence from Kenyan commercial banks, kenia bankers association.
* Laeven, L., Levine, R., (2007), Is there a diversification discount in financial conglomerates? Journal of Financial Economics 85: 331–367
* Lee,C.Hsieh,M,.&Yang,S(2014). The relationship between diversification and bank performance: do financial structures and financial reforms matter.japan and the world economy 29: 18-35
* Li,.L.&Zhang,Y.(2013), Are there diversification benefits of increasing noninterest income in the chinese banking industry, journal of empirical finance 24: 151-165
* Meslier,C; Tacneng,R.&Tarazi,A.(2014).Is bank income diversification benefical? Evidence from an emerging economy,Int.Fin.markets,Inst.and money 31: 97-126
* Nguyen, M; Skully,M.& Perera,S. (2012). Bank market power and revenue diversification: evidence from selected ASEAN countries. Journal of Asian Economics 23: 688-700
* Odesanmi, S. &Wolfe,S. (2007), Revenue diversification and insolvency risk:Evidence from banks in emerging economies, www.cass.city.ac.uk
* Pandya,A.; M&Rao,N.V. (1998), Diversification and firm performance: an empirical evaluation, Journal of Financial and Strategic Decisions11: 67-81
* Pennathur,A.K.; Subrahmanyam,V.&Vishwasrao,S. (2012), Income diversification and risk: does ownership matter? An empirical examination of indian banks, journal of banking & finance 36: 2203-2215
* Sawada,M(2013)., how does the stock market value bank diversification? Empirical evidence from Japanese banks,pacific basin finance journal 25: 40-61
* Turkmen, S.Y.& Yigit,I. (2012). Diversification in banking and its effect on bank’s performance evidence from Turkey. American International journal of contemporary Research 12: 111-119