Global Financial market tribulations-upshots on major Banks costs and profits - A Mauritian perspective
MetadataShow full item record
This paper appraises the upshots on Mauritian Banks following recent tribulations in global financial markets using data for the period 2000-2011. Using data from Banks' annual reports, a sample of 9 banks that existed during this period is taken to investigate the impact of recent tribulations in global financial markets on the costs and profits of the banks. Plain OLS results suggest that financial crisis has had no impact on the performance of the domestic banking sector as shown by the insignificance of the financial dummy variable. To have a more efficient and reliable estimate, the model has been tested using GMM. The GMM results also confirm the insignificance of the financial crisis dummy, which indicates that the Mauritian banking sector is very resilient to external economic and financial shocks
Showing items related by title, author, creator and subject.
Rengasamy, Dhanuskodi (2014)Green banking practices BY DR DHANUSKODI RENGASAMY ON FEBRUARY 11, 2014, TUESDAY AT 2:02 AMOTHER COLUMNS BANKS play a very important role in the economic development of nations. As economic development is a dynamic and ...
Rengasamy, Dhanuskodi (2012)BANKS play very important roles in the economic development of nations as they, to a large extent, wield control over the supply of money in circulation and are the main stimuli of economic progress. Economic development ...
Simpson, John (2010)The purpose of this paper is to test an international bank market pricing model, hypothesised to arrive at new indicator of pure composite political risk for country banking sectors. The motivation is that current political ...