Forma własności banku a credit rating

• Autorzy: Patrycja Chodnicka-Jaworska

Warianty tytułu

Banks Ownership and Credit Ratings

• Języki publikacji: PL

Abstrakty

Celem artykułu jest analiza determinant długoterminowych ratingów kredytowych europejskich banków komercyjnych według kryterium własności. Na podstawie badań literaturowych postawiono hipotezę: biorąc pod uwagę uwarunkowania finansowe banki publiczne otrzymują wyższe ratingi kredytowe niż prywatne instytucje. Do badania wykorzystano uogólnione panelowe modele logitowe. Badanie wpływu formy własności na credit rating banku wykazało, że postawiona hipoteza nie może być jednoznacznie zweryfikowana. Banki publiczne otrzymują wyższe ratingi niż prywatne instytucje, biorąc pod uwagę uwarunkowania finansowe, tylko w przypadku not nadanych przez S&P. Fitch i Moody natomiast obniżały ratingi bankom, których inwestorem był Skarb Państwa. Mogło to być wynikiem dokapitalizowywania instytucji finansowych przez państwo dla uchronienia ich przed ryzykiem upadłości, ale taka interpretacja wymaga pogłębionych badań. (abstrakt oryginalny)

EN

The aim of the paper is the analysis of determinants of long-term credit ratings of European commercial banks according to ownership criteria. On the basis of the literature review the following hypothesis has been expressed: taking into account the financial condition the public banks receive higher credit ratings than private institutions. The ordinary logit panel data models have been used for the study. Examination of the impact of ownership on the bank's credit rating showed that the put hypothesis cannot be uniquely verified. Public banks receive higher ratings than private institutions taking into account financial conditions, only for S & P notices. Whereas Fitch and Moody lowered their ratings to banks whose investor was the Treasury. This could have been the result of a recapitalization of financial institutions by the state to protect them against the risk of bankruptcy, however such an interpretation requires in-depth research. (original abstract)

Słowa kluczowe

PL

Banki komercyjne; Banki państwowe; Ocena zdolności kredytowej; Przegląd literatury; Wyniki badań

EN

Commercial banks; State banks; Credit rating; Literature review; Research results

• Czasopismo: Bezpieczny Bank
• Rocznik: 2017
• Numer: nr 2 (67)
• Strony: 52--74

Twórcy

autor

Patrycja Chodnicka-Jaworska

• Uniwersytet Warszawski

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