نوع مقاله : مقاله پژوهشی
نویسندگان
1 اقتصاد، دانشکده اقتصاد و مدیریت، دانشگاه تبریز، تبریز، ایران
2 اقتصاد،اقتصاد و مدیریت، تبریز، تبریز، ایران
چکیده
کلیدواژهها
موضوعات
عنوان مقاله [English]
نویسندگان [English]
The objective of this study is to examine the impact of various institutional quality indicators, along with other intra-bank variables, on the stability of Iran's banking system. The statistical sample comprises panel data from 18 banks operating in the Iranian banking industry over the period 2008 to 2022. The System Generalized Method of Moments (SYS-GMM) was employed to estimate the models.
To analyze the effects of different variables on banking sector stability, three separate models were developed. In the first model, the impact of institutional indicators on banking stability is assessed. The results indicate that the rule of law has a positive and significant association with the banking system stability index, whereas corruption and economic policy uncertainty exert a negative and significant influence.
The second model focuses on banking risks. Variables reflecting banking risks—including liquidity and credit risk—have significantly reduced banking stability. Moreover, the varying effect of bank size across models suggests its sensitivity to institutional indicators. In this regard, improved institutional quality can help explain the positive relationship between bank size and banking stability.
In the third model, the influence of macroeconomic variables on banking stability is evaluated. The results demonstrate that fluctuations in oil prices are positively and significantly correlated with banking stability.
The findings of this study suggest that enhancing institutional quality in Iran can promote financial growth and innovation, reduce credit allocation costs, boost banking stability, facilitate economic growth, and mitigate systemic risks within the banking sector. Therefore, it is recommended that policymakers take concrete steps to strengthen anti-corruption institutions, improve transparency in financial and administrative systems, and increase the independence of the Central Bank as the supervisory authority for the banking system.
کلیدواژهها [English]
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