Research Article
Year 2015,
Volume: 18 Issue: 33, 33 - 53, 01.06.2015
Abstract
Günümüzde, herhangi bir ülke piyasasındaki olumlu ya da olumsuz bir gelişme diğer tüm piyasalara anında yansıdığı için finansal krizlerin etkisi sadece birkaç saat farkla bütün piyasalara yayılmaktadır. Bu nedenle, gelişmekte olan ülkeler kadar, gelişmiş ülkeler için de finansal istikrarı sağlamak ve sürdürebilmek oldukça önemlidir. Bu amaçla, mali piyasaların önemli bir aktörü olan bankalara dönük yapısal düzenlemeler kurumsallaşmıştır. Bu düzenlemeler bankaları finansal krizlere karşı daha dayanıklı hale getirmek ve en önemlisi krizleri engellemek açısından önemlidir. Bu çalışmada, finansal istikrar kavramına değinildikten sonra, Türk bankacılık sektöründeki istikrar sağlayıcı düzenlemeler incelenmiş ve son olarak yabancı sermayeli bankalar ile yerli ve kamu sermayeli bankalar arasında karlılık, sermaye ve likidite seviyeleri arasındaki farklılıklar tespit edilmiştir
References
- Akgüç, Ö. (2007). Türkiye’de Yabancı Bankalar. Muhasebe ve Finansman Der- gisi, 36.
- Alfon, I. Andrews P. (1999). Cost-Benefit Analysis in Financial Regulation. Occasional Paper Series, September, London.
- Allen, F. & Herring, R. (2001). Banking Regulation Versus Securities Market Regulation. The Wharton School–University of Pennsylvania, 1, 1-58
- Barth, J., Caprio Jr, G., & Levine, R. (2007). “ Reassessing the Rationale and Practice of Bank Regulation and Supervision around the Globe. Semi- nar on Current Developments in Monetary and Financial Law. Was- hington DC.23-27
- Barth, J.R., D.E. Rolle ve T.N. Rice (2001). Commercial Banking Structure, Regulation and Performance: an International Comparison, World Bank Working Paper, 2537
- BDDK(2010a). Sorularla Basel III. Ankara
- BDDK. (2010b). Krizden İstikrara Türkiye Tecrübesi, Çalışma Tebliği. Ankara
- Briault, C. (2002). Revisiting the Rationale for a Single National Financial Services Regulator, FSA Occasional Paper Series, February, London.
- Brunnermeier, M. K., Crockett, A., Goodhart, C. A., Persaud, A., & Shin, H. S. (2009). The Fundamental Principles Of Financial Regulation. Lon- don. Centre for Economic Policy Research,(11)
- Buch, C. M., & Golder, S. M. (2001). Foreign Versus Domestic Banks İn Ger- many And The US: A Tale Of Two Markets?. Journal of Multinational Financial Management, 11(4), 341-361.
- Cetorelli N., Gambera M., (2001). Banking Market Structure, Financial De- pendence and Growth: International Evidence from Industry Data, The Journal of Finance, 5(2), 617–648
- Chant, J., Alexandra L., Illing M., Daniel F. (2003). Essays on Financial Sta- bility. Bank of Canada, Technical Report (95).1-111.
- Claessens, S., Van Horen, N., Gurcanlar, T., & Mercado Sapiain, J. (2008). Foreign bank presence in developing countries 1995-2006: data and trends.. Available at SSRN 1107295.
- Crockett, A. (1997). Why is Financial Stability a Goal of Public Policy in Maintaining Financial Stability in a Global Economy?.Economic Re- view-Federal Reserve Bank of Kansas City, 82, 7-36
- Crotty, J. (2009). Structural Causes of The Global Financial Crisis: A Critical Assessment of the ‘New Financial Architecture. Cambridge Journal of Economics ,33(4), 563-580
- Dede G.A.(2007). Türk Bankacılık Sektörünün Yapısal Dönüşüm Sürecine Yabancı Sermayeli Bankaların Etkisi. Yayınlanmamış Yüksek Lisans Tezi, Osman Gazi Üniversitesi: Eskişehir
- Delice, G., Doğan, A., & Uzun, A. M. (2004). Finansal Regülasyon ve Piyasa Disiplini. Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Fakültesi Der- gisi,5(1), 101-130.
- Detragiache, E., Tressel, T., & Gupta, P. (2008). Foreign Banks in Poor Count- ries: Theory and Evidence. The Journal of Finance, 63(5), 2123-2160.
- Doğrudan Yabancı Yatırımlar Kanunu (4875 S.K.), Resmi Gazete, 25141, 17 Ocak 2003
- Elliehausen, G. (1998).The Cost of Banking Regulation: a Review of Eviden- ce. Federal Reserve Bulletin, April, 171-206.
- Garry, J. S., & Schinasi, G. (2004). Defining financial stability. IMF Working Paper,128-190.
- Goldberg, L., Dages, B. G., & Kinney, D. (2000). Foreign and Domestic Bank Participation in Emerging Markets: Lessons from Mexico and Argenti- na (7714). National Bureau of Economic Research.
- Goodhart, C.A., Hartman, P., Llewellyn, D., Rojas-Suarez, L., and Weisbrod, S. (1998). Financial Regulation Why, How and Where now?, Routled- ge, London.
- Hail, L., and Leuz C. (2006). International Differences in the Cost of Equity Capital: Do Legal Institutions and Securities Regulation Matter?.Jour- nal of Accounting Research, 44, 485-531
- Hermes, N., & Lensink, R. (2004). Foreign Bank Presence, Domestic Bank Performance and Financial Development. Journal of Emerging Market Finance,3(2), 207-229.
- King, R. G., & Levine, R. (1993). Finance and Growth: Schumpeter Might be Right. The Quarterly Journal of Economics, 717-737.
- Köne, A. Ç. (2003). Para-Sermayenin Yeniden Yapılandırılması: Türk Özel Bankacılık Sektörü Örneği. Doğuş Üniversitesi Dergisi 4(2), 233-246
- Tuna K. (2011). Bankacılık Sektöründe Basel III sonrası Risk Yönetimi. Pay- ment Systems Magazine, (3)
- Large, A. (2003). Financial Stability: Maintaining Confidence in a Complex World. Financial Stability Review, 170-174.
- Levine, R. (2003). Denying Foreign Bank Entry: İmplications for Bank İnterest Margins. Banco Central de Chile.
- Levine, R. (1997). Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature, 35(2), 688-726.
- Levive R., Zervos S., (1998). Stock Markets, Banks and Economic Growth. American Economic Review, 88, 537-558
- Malul, M., Shoham, A. and Rosenboim, M. (2009). The İnternational İmperfect Banking Systems: the Israeli Case. EuroMed Journal of Bu- siness, 4(2), 159-172
- Mishkin, F. S. (1999). Global Financial İnstability: Framework, Events, Issu- es. The Journal of Economic Perspectives, 3-20.
- Örnek, İ. (2008). Yabancı Sermaye Akımlarının Yurtiçi Tasarruf Ve Ekonomik Büyüme Üzerine Etkisi: Türkiye Örneği. Ankara Üniversitesi SBF Der- gisi, 63(02), 199-207.
- Özince, E. (2005). Finansal İstikrar, Basel II ve Bankalar Açısından Etkileri. Bankacılar Dergisi, (53), 18-22.
- Parasız İ.(2005). Para, Banka ve Finansal Piyasalar.(8. Basım). Bursa: Ezgi Ki- tabevi
- Rajan, R., and L. Zingales, (1998). Financial Dependence and Growth. Ame- rican Economic Review 88(3), 559-86.
- TBB. (2015). Bankalarımız 2014.İstanbul
- TCMB. (2010). Finansal İstikrar Raporu, 42.
- Tiryaki G. (2012). Finansal İstikrar ve Bankacılık Düzenlemeleri (1990-2010 Türkiye Tecrübesi Işığında), TBB, Yayın 289, İstanbul
- Uiboupin, J. (2004). Effects of Foreign Banks Entry on Bank Performance in the CEE Countries. University of Tartu Faculty of Economics and Busi- ness Administration Working Paper, (33).
- United Nations Conference on Trade and Development (UNCTAD) (1998). World Investment Report: Trends and Determinants. 1-14.
- 5411 Sayılı Bankacılık Kanunu.
- www.bddk.gov.tr Erişim Tarihi: 20.04.2015.
- www.bis.org Erişim Tarihi: 14.02.2015.
- http://data.imf.org/?sk=f15905b8-c65e-4aff-abc8-41c925a3aad7&- sId=1390030109571, Erişim Tarihi: 20.03.2015.
- www.tbb.org.tr Erişim Tarihi: 24.04.2015.
Year 2015,
Volume: 18 Issue: 33, 33 - 53, 01.06.2015
Abstract
Nowadays, any positive or negative market development in any country reflects instantly to all other markets and and therefore impact of the financial crisises spread to the whole markets only within a few hours. Hence, providing and maintaining financial stability is crucial for developed countries as well as developing countries. For this purpose, structural regulations towards banks -which is an important actor of financial markets has institutionalised. These regulations are crucial for ensuring the resilience of banks to financial crisis and above all avoiding crises. In this study, after mentioning the concept of financial stability, stabilizing arrangements in Turkish banking sector is discussed and finally differences between profitability, capital adequacy
ratio and liquidity ratio between the foreign banks and domestic state-owned banks
have been detected.
References
- Akgüç, Ö. (2007). Türkiye’de Yabancı Bankalar. Muhasebe ve Finansman Der- gisi, 36.
- Alfon, I. Andrews P. (1999). Cost-Benefit Analysis in Financial Regulation. Occasional Paper Series, September, London.
- Allen, F. & Herring, R. (2001). Banking Regulation Versus Securities Market Regulation. The Wharton School–University of Pennsylvania, 1, 1-58
- Barth, J., Caprio Jr, G., & Levine, R. (2007). “ Reassessing the Rationale and Practice of Bank Regulation and Supervision around the Globe. Semi- nar on Current Developments in Monetary and Financial Law. Was- hington DC.23-27
- Barth, J.R., D.E. Rolle ve T.N. Rice (2001). Commercial Banking Structure, Regulation and Performance: an International Comparison, World Bank Working Paper, 2537
- BDDK(2010a). Sorularla Basel III. Ankara
- BDDK. (2010b). Krizden İstikrara Türkiye Tecrübesi, Çalışma Tebliği. Ankara
- Briault, C. (2002). Revisiting the Rationale for a Single National Financial Services Regulator, FSA Occasional Paper Series, February, London.
- Brunnermeier, M. K., Crockett, A., Goodhart, C. A., Persaud, A., & Shin, H. S. (2009). The Fundamental Principles Of Financial Regulation. Lon- don. Centre for Economic Policy Research,(11)
- Buch, C. M., & Golder, S. M. (2001). Foreign Versus Domestic Banks İn Ger- many And The US: A Tale Of Two Markets?. Journal of Multinational Financial Management, 11(4), 341-361.
- Cetorelli N., Gambera M., (2001). Banking Market Structure, Financial De- pendence and Growth: International Evidence from Industry Data, The Journal of Finance, 5(2), 617–648
- Chant, J., Alexandra L., Illing M., Daniel F. (2003). Essays on Financial Sta- bility. Bank of Canada, Technical Report (95).1-111.
- Claessens, S., Van Horen, N., Gurcanlar, T., & Mercado Sapiain, J. (2008). Foreign bank presence in developing countries 1995-2006: data and trends.. Available at SSRN 1107295.
- Crockett, A. (1997). Why is Financial Stability a Goal of Public Policy in Maintaining Financial Stability in a Global Economy?.Economic Re- view-Federal Reserve Bank of Kansas City, 82, 7-36
- Crotty, J. (2009). Structural Causes of The Global Financial Crisis: A Critical Assessment of the ‘New Financial Architecture. Cambridge Journal of Economics ,33(4), 563-580
- Dede G.A.(2007). Türk Bankacılık Sektörünün Yapısal Dönüşüm Sürecine Yabancı Sermayeli Bankaların Etkisi. Yayınlanmamış Yüksek Lisans Tezi, Osman Gazi Üniversitesi: Eskişehir
- Delice, G., Doğan, A., & Uzun, A. M. (2004). Finansal Regülasyon ve Piyasa Disiplini. Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Fakültesi Der- gisi,5(1), 101-130.
- Detragiache, E., Tressel, T., & Gupta, P. (2008). Foreign Banks in Poor Count- ries: Theory and Evidence. The Journal of Finance, 63(5), 2123-2160.
- Doğrudan Yabancı Yatırımlar Kanunu (4875 S.K.), Resmi Gazete, 25141, 17 Ocak 2003
- Elliehausen, G. (1998).The Cost of Banking Regulation: a Review of Eviden- ce. Federal Reserve Bulletin, April, 171-206.
- Garry, J. S., & Schinasi, G. (2004). Defining financial stability. IMF Working Paper,128-190.
- Goldberg, L., Dages, B. G., & Kinney, D. (2000). Foreign and Domestic Bank Participation in Emerging Markets: Lessons from Mexico and Argenti- na (7714). National Bureau of Economic Research.
- Goodhart, C.A., Hartman, P., Llewellyn, D., Rojas-Suarez, L., and Weisbrod, S. (1998). Financial Regulation Why, How and Where now?, Routled- ge, London.
- Hail, L., and Leuz C. (2006). International Differences in the Cost of Equity Capital: Do Legal Institutions and Securities Regulation Matter?.Jour- nal of Accounting Research, 44, 485-531
- Hermes, N., & Lensink, R. (2004). Foreign Bank Presence, Domestic Bank Performance and Financial Development. Journal of Emerging Market Finance,3(2), 207-229.
- King, R. G., & Levine, R. (1993). Finance and Growth: Schumpeter Might be Right. The Quarterly Journal of Economics, 717-737.
- Köne, A. Ç. (2003). Para-Sermayenin Yeniden Yapılandırılması: Türk Özel Bankacılık Sektörü Örneği. Doğuş Üniversitesi Dergisi 4(2), 233-246
- Tuna K. (2011). Bankacılık Sektöründe Basel III sonrası Risk Yönetimi. Pay- ment Systems Magazine, (3)
- Large, A. (2003). Financial Stability: Maintaining Confidence in a Complex World. Financial Stability Review, 170-174.
- Levine, R. (2003). Denying Foreign Bank Entry: İmplications for Bank İnterest Margins. Banco Central de Chile.
- Levine, R. (1997). Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature, 35(2), 688-726.
- Levive R., Zervos S., (1998). Stock Markets, Banks and Economic Growth. American Economic Review, 88, 537-558
- Malul, M., Shoham, A. and Rosenboim, M. (2009). The İnternational İmperfect Banking Systems: the Israeli Case. EuroMed Journal of Bu- siness, 4(2), 159-172
- Mishkin, F. S. (1999). Global Financial İnstability: Framework, Events, Issu- es. The Journal of Economic Perspectives, 3-20.
- Örnek, İ. (2008). Yabancı Sermaye Akımlarının Yurtiçi Tasarruf Ve Ekonomik Büyüme Üzerine Etkisi: Türkiye Örneği. Ankara Üniversitesi SBF Der- gisi, 63(02), 199-207.
- Özince, E. (2005). Finansal İstikrar, Basel II ve Bankalar Açısından Etkileri. Bankacılar Dergisi, (53), 18-22.
- Parasız İ.(2005). Para, Banka ve Finansal Piyasalar.(8. Basım). Bursa: Ezgi Ki- tabevi
- Rajan, R., and L. Zingales, (1998). Financial Dependence and Growth. Ame- rican Economic Review 88(3), 559-86.
- TBB. (2015). Bankalarımız 2014.İstanbul
- TCMB. (2010). Finansal İstikrar Raporu, 42.
- Tiryaki G. (2012). Finansal İstikrar ve Bankacılık Düzenlemeleri (1990-2010 Türkiye Tecrübesi Işığında), TBB, Yayın 289, İstanbul
- Uiboupin, J. (2004). Effects of Foreign Banks Entry on Bank Performance in the CEE Countries. University of Tartu Faculty of Economics and Busi- ness Administration Working Paper, (33).
- United Nations Conference on Trade and Development (UNCTAD) (1998). World Investment Report: Trends and Determinants. 1-14.
- 5411 Sayılı Bankacılık Kanunu.
- www.bddk.gov.tr Erişim Tarihi: 20.04.2015.
- www.bis.org Erişim Tarihi: 14.02.2015.
- http://data.imf.org/?sk=f15905b8-c65e-4aff-abc8-41c925a3aad7&- sId=1390030109571, Erişim Tarihi: 20.03.2015.
- www.tbb.org.tr Erişim Tarihi: 24.04.2015.
There are 48 citations in total.
Details
| Primary Language | Turkish |
|---|---|
| Subjects | Economics |
| Journal Section | Research Article |
| Authors | |
| Publication Date | June 1, 2015 |
| Submission Date | September 2, 2015 |
| Published in Issue | Year 2015 Volume: 18 Issue: 33 |
Cited By
TÜRK MEVDUAT BANKALARININ SERMAYE YAPISINI ETKİLEYEN FAKTÖRLER
Muhasebe Bilim Dünyası Dergisi
https://doi.org/10.31460/mbdd.456370
TÜRK BANKACILIK SEKTÖRÜNDE KIRILGANLIK, FİNANSAL KRİZLERİN KAMU VE ÖZEL SERMAYELİ BANKALARA ETKİSİNİN SERMAYE YETERLİLİĞİ VE AKTİF KALİTESİ RASYOSU İLE TESPİTİ VE KARŞILAŞTIRILMASI (1990-2015 DÖNEMİ)
Finans Ekonomi ve Sosyal Araştırmalar Dergisi
Ayşenur Tarakcıoğlu ALTINAY
https://doi.org/10.29106/fesa.358675
Baun SOBED