1. SERMAYE YETERLİLİK RASYOSU İLE DOLAR KURU, ALTIN FİYATLARI VE RİSK İŞTAHI İLİŞKİSİ: TÜRK BANKACILIK SEKTÖRÜNDE BİR İNCELEME.
- Author
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KAPLAN, Hatice Elanur
- Subjects
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FOREIGN exchange rates , *GOLD markets , *BOND market , *OPERATIONAL risk , *STANDARD deviations - Abstract
The capital adequacy ratio (CAR) defines the minimum capital required for the risks assumed by banks or the maximum risk level considering the existing capital. In the context of the proposals submitted within the framework of Basel Accords, the current scope of these risks (credit and market) has been expanded in compliance with newer Basel Accords and operational risks have been considered in calculating the capital adequacy. Undoubtedly, the risk-taking behavior of banks is influenced by the mobility of various macroeconomic factors in the market. In this context, this study aims to detect whether the foreign exchange rate fluctuations, gold prices, and risk appetite have significant impacts on the CAR. Accordingly, monthly standard deviations of TL/USD exchange rate, gold price, and risk appetite data are calculated throughout January 2010 - December 2019 and analyzed whether they have impacts on the CAR. The regression analysis results assert a significant and positive impact of TL/USD exchange rate on the change in the CAR, whereas the risk appetite has a negative impact, and the gold market does not affect the change in the CAR. [ABSTRACT FROM AUTHOR]
- Published
- 2020