Employees’ perspectives on strategic human resource development before and after the global financial crisis: evidence from the Greek banking sector

This chapter presents an attempt to compare the productivity of the Mexican banking sector in two different periods: the 2007-2011 period of global financial crisis and the 2003-2006 stage, which can be regarded as a relatively stable period. The purpose of this study is to disclose whether the global financial crisis affected Mexican banking productivity. Three Data Envelopment Models (DEA) are tested in order to assess whether there is a significant difference between the productivity patterns of Mexican banks before and after the financial crisis. Such models are the radial Malmquist Index, the non-radial and slacks-based model, and non-radial and non-oriented. Essentially, no significant difference of productivity indicators for both foreign and domestic banks was found. Likewise, no significant difference between the pre- and post-crisis periods was perceived, as far as productivity indicators are concerned. Therefore, the global financial crisis was effectless in banking operation.

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INTEREST-FREE BANKING'S AND CONVENTIONAL BANKING'S ATTITUDES AGAINST FINANCIAL CRISES: THE CASE OF TURKEY

Business And Management Studies An International Journal ◽

10.15295/bmij.v3i1.33 ◽

2015 ◽

Vol 3 (1) ◽

Author(s):

Mustafa CANBAZ

Keyword(s):

Financial Crisis ◽

Banking Sector ◽

Global Financial Crisis ◽

Financial Statements ◽

Financial Indicators ◽

Sound Structure ◽

Before And After ◽

Restructuring Process ◽

The Global Financial Crisis ◽

Important Progress

Following the financial crisis in 2001, Turkish banking sector started a ‘restructuring’ process. This led to recovery of the damage caused by the crisis and, despite the significant decrease in number of the banks, the banking sector gained quite a sound structure. This imrpovement allowed it to remain strong against the global financial crisis that took place after 2007 and caused important progress for many financial indicators, in particular the deposits and loans. Interest- free banking, which has been operating in form of participation bank through the profit and loss sharing system since 2005, become a competitor, in a different aspect, to deposit banks, an important part of the conventional banking. This study compares attitudes of the Participation Banks and the Deposit Banks against their customers before and after the crisis, in light of the financial indicators from the financial statements. The analysis concludes that Particpiation Banksa re significantly different from Deposit Bank in aspect of 'acticity ratios', which are based on the main areas of activity.

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Analysis of the Banking Sector Performance in Bosnia and Herzegovina, Montenegro and Serbia Before and After the Global Financial Crisis

ECONOMICS ◽

10.1515/eoik-2017-0029 ◽

2017 ◽

Vol 5 (2) ◽

pp. 83-101

Author(s):

Antonija Bošnjak ◽

Abeer Hassan ◽

Kieran James

Keyword(s):

Financial Crisis ◽

Bosnia And Herzegovina ◽

Banking Sector ◽

Global Financial Crisis ◽

Transition Process ◽

Open Market ◽

Nonperforming Loans ◽

Before And After ◽

The Global Financial Crisis ◽

Communist Countries

Summary The focus of this study is the banking sector of the three neighbouring countries Bosnia and Herzegovina; Montenegro; and Serbia. These are former communist countries which have been going through the transition from centrally-planned economies to open market economies over the past 25 years. During the transition process, structural reforms were conducted to transform the banking sector into a sector suitable for open market economy. These reforms are considered to be the most successful ones in the region. Before the Global Financial Crisis of 2008-09, the economies of the three selected countries were experiencing credit booms. The aim of this research was to examine how the banking sector is performing on an aggregated level years after the crisis and whether the performance is better or worse compared to the pre-crisis period. The findings show that the banking sector was performing better before the crisis in all three countries. After the crisis, the three countries experienced prolonged slow credit growth and had higher nonperforming loans.

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The Information Content of Tax Loss Carryforwards Before and During the Global Financial Crisis

Advances in Finance, Accounting, and Economics - Perspectives, Trends, and Applications in Corporate Finance and Accounting ◽

10.4018/978-1-5225-6114-9.ch004 ◽

2018 ◽

pp. 91-107

Author(s):

Chytis Evangelos ◽

Filos Ioannis ◽

Gkouma Olympia

Keyword(s):

Financial Crisis ◽

Banking Sector ◽

Global Financial Crisis ◽

Telecommunications Industry ◽

Deferred Tax Assets ◽

Before And After ◽

Tax Payments ◽

Deferred Tax ◽

The Global Financial Crisis ◽

Tax Loss

Tax loss carryforwards are a valuable asset because they usually reduce a company's future tax payments. This chapter investigates the importance of deferred tax assets from tax loss carryforwards (DTA_TLC) by sector and index (FTSE/ASE) for the period before and after the outbreak of the financial crisis (2005-2012). In the non-banking industry, the DTA_TLC cover on average half (1/2) of the total deferred tax assets (DTAs) and one-fifth (1/5) of income before taxes (IBT). The telecommunications industry accounts for the largest DTA_TLC components, while the chemicals sector for the smallest. On average, the companies listed in the FTSE/ASE 20 report DTA_TLC five times larger than those of the FTSE/ASE 40. In the banking sector, until 2009 DTA_TLC constituted a small part of total assets and IBT. In contrast, after 2010, DTAs include significant components of DTA_TLC, as a consequence of the private sector involvement (PSI) and the financial crisis.

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INTEREST-FREE BANKING'S AND CONVENTIONAL BANKING'S ATTITUDES AGAINST FINANCIAL CRISES: THE CASE OF TURKEY

Business And Management Studies An International Journal ◽

10.15295/bmij.v3i1.102 ◽

2015 ◽

Vol 3 (1) ◽

Author(s):

Mustafa CANBAZ

Keyword(s):

Financial Crisis ◽

Banking Sector ◽

Global Financial Crisis ◽

Financial Statements ◽

Financial Indicators ◽

Sound Structure ◽

Before And After ◽

Restructuring Process ◽

The Global Financial Crisis ◽

Important Progress

Following the financial crisis in 2001, Turkish banking sector started a ‘restructuring’ process. This led to recovery of the damage caused by the crisis and, despite the significant decrease in number of the banks, the banking sector gained quite a sound structure. This imrpovement allowed it to remain strong against the global financial crisis that took place after 2007 and caused important progress for many financial indicators, in particular the deposits and loans. Interest- free banking, which has been operating in form of participation bank through the profit and loss sharing system since 2005, become a competitor, in a different aspect, to deposit banks, an important part of the conventional banking. This study compares attitudes of the Participation Banks and the Deposit Banks against their customers before and after the crisis, in light of the financial indicators from the financial statements. The analysis concludes that Particpiation Banksa re significantly different from Deposit Bank in aspect of 'acticity ratios', which are based on the main areas of activity.

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INTEREST-FREE BANKING'S AND CONVENTIONAL BANKING'S ATTITUDES AGAINST FINANCIAL CRISES: THE CASE OF TURKEY

Business And Management Studies An International Journal ◽

10.15295/bmij.v3i2.102 ◽

2015 ◽

Vol 3 (1) ◽

pp. 88-122

Author(s):

Mustafa CANBAZ ◽

Emre ÇEVİK

Keyword(s):

Financial Crisis ◽

Banking Sector ◽

Global Financial Crisis ◽

Financial Statements ◽

Financial Indicators ◽

Sound Structure ◽

Before And After ◽

Restructuring Process ◽

The Global Financial Crisis ◽

Important Progress

Following the financial crisis in 2001, Turkish banking sector started a ‘restructuring’ process. This led to recovery of the damage caused by the crisis and, despite the significant decrease in number of the banks, the banking sector gained quite a sound structure. This imrpovement allowed it to remain strong against the global financial crisis that took place after 2007 and caused important progress for many financial indicators, in particular the deposits and loans. Interest- free banking, which has been operating in form of participation bank through the profit and loss sharing system since 2005, become a competitor, in a different aspect, to deposit banks, an important part of the conventional banking. This study compares attitudes of the Participation Banks and the Deposit Banks against their customers before and after the crisis, in light of the financial indicators from the financial statements. The analysis concludes that Particpiation Banksa re significantly different from Deposit Bank in aspect of 'acticity ratios', which are based on the main areas of activity.

Download Full-text