Factores financieros que determinan la rentabilidad de los bancos que operan en México
DOI:
https://doi.org/10.32870/myn.v0i38.7156Keywords:
Rentabilidad, Bancos, Análisis factorialAbstract
El objetivo de este artículo es identificar los factores financieros que determinan la rentabilidad de los bancos que operan en México. Para alcanzar dicho objetivo se emplea la herramienta de estadística multivariable de análisis factorial. Los resultados muestran que los factores financieros que contribuyen a la rentabilidad son: 1) Margen financiero ajustado por riesgos crediticios; y 2) Gastos de administración y promoción.References
Alalaya, M., & Al Khattab, S. A. (2015). A Case Study in Business Market: Banks´ Profitability: Evidence from Jordanian Commercial Banks (2002-2015). International Journal of Business Management and Economic Research (IJBMER), 6(4), 159-214.
Allen, F., & Gale, D. (2000). Comparing Financial Systems. Boston, MA.: MIT Press.
Amel, D. F., & Liang , J. N. (1997). Determinants of entry and profits in local banking markets. Review of Industrial Organization., 12(1), 59-78.
Bandyopadhyay, A. (2008). Credit Risk Models for Managing Bank’s Agricultural Loan Portfolio. The Icfai University Journal of Financial Risk Management, V(4), 1-17.
Berger, A. N., Demirgüç-Kunt, A., Levine, R, R., & Haubrich, J. G. (2003). Bank Concentration and Competition: An Evolution in the Making. Federal Reserve Board, the World Bank, 1-23.
Besanko, D., & Thakor, A. (1992). Banking Deregulation: Allocational Consequences of Relaxing Entry Barriers. Journal of Banking and Finance, 16(5), 909–932.
Claessens, S., & Laeven, L. (2004). What Drives Bank Competition? Some International Evidence. Journal of Money, Credit and Banking, 36(3), 563-583.
Cohen, A. M., & Mazzeo, M. (2010). Investment strategies and market structure: An empirical analysis of bank branching decisions. J Financ Serv Res Published online, 38, 1-21.
Comité de Supervisión Bancaria de Basilea. (2010). La respuesta del Comité de Basilea a la crisis financiera: informe al G-20. Banco de Pagos Internacionales, 1-21.
Cull, R., Demirgüç-Kunt, A., & Morduch, J. (2014). Banks and Microbanks. Springer Science+Business Media, Journal of Financial Services Research, 46(1), 1-53.
Dick, A. A. (2007). Market size, service quality and competition in banking. Journal of Money. Credit and Banking, 39(1), 49-81.
Fee, C. E., Pierce, J. R., Seo, H., & Yan, S. (2013). Bank Debt, Flexibility, and the Use of Proceeds from Asset Sales. Springer Science+Business Media, 46(1), 77-97.
Giandomenico, R. (2011). Asset Liability Management for Banks. IUP Journal of Bank Management, 1-8.
Goddard, J. M., & Wilson, P. (2004). The profitability of European banks: a cross-sectional and dynamic panel analysis. The Manchester School, 363–381.
Grosen, A., Jessen, P., & Kokholm, T. (2014). An asset protection scheme for banks exposed to troubled loan portfolios. Springer Science+Business Media, LLC., Journal of Economics & Finance, 38(4), 568–588.
Holmstrom, B., & Tirole, J. (1996). Modeling aggregate liquidity. The American Economic Review, 112(3), 187-191.
IMCO-EGAP. (2006). Competitividad Estatal de México 2006, Preparando a las entidades federativas para la competitividad. México: IMCO, A.C.
Iori, G., Kapar, B., & Olmo, J. (2015). Bank characteristics and the interbank money market: a distributional approach. Studies in Nonlinear Dynamics & Econometrics, 19(3), 249-283.
Johnson, R. A., & Wichern, D. W. (1992). Applied Multivariate Statistical Analysis. New Jersey: Prentice-Hall International, Inc.
Juárez, E. (17 de 06 de 2015). Agrava la desigualdad de los ingresos, Crédito bancario excesivo puede obstaculizar crecimiento: OCDE Los riesgos están en la asignación de capital para financiar inversiones poco viables. El economista, pág. 4.
Kaiser, H. F. (1974). An index of factorial simplicity. Psychometrika, 39(1), 31–36.
Kennedy, P. (1985). A Guide to Econometrics. Cambridge: The MIT Press.
Lee, C. C., & Hsieh, M. F. (2013). Beyond Bank Competition and Profitability: Can Moral Hazard Tell Us More? Springer Science+Business Media. Journal of Financial Services Research, 44(1), 87–109.
Levine, R. (1997). Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature, 35, 688–726.
Lingelbac, D. (2013). Alfa Bank: Debt Restructuring in an Era of Financial Crises. University of Baltimore, Journal of Financial Education., 39(3), 179-192.
Madura, J., & Zarruk, E. R. (1992). Information Effects of Loan Portfolio Quality on Bank Value. Quarterly Journal of Business and Economics, University of Nebraska—Lincoln, 31(3), 38-50.
Martínez, M. E., Guillermo, S. B., Rappo, S. E., Sánchez, G., Campos, G., Angoa, L., . . . Pérez, P. (2010). Indicadores de competitividad: una propuesta para su integración en el municipio de Puebla. México: Benemérita Universidad Autónoma de Puebla.
Mascareñas, J. (2008). El riesgo de interes. Madrid: Universidad Complutense de Madrid.
Mileris, R. (2015). The Impact of Economic Downturn on Banks’ Loan Portfolio Profitability. Inzinerine Ekonomika-Engineering Economics, Kaunas University of Technology, 26(1), 12–22.
Monea, M. (2011). Analysis of incomes, expenses and profitability in banks. Annals of the University of Petroşani, Economics., 26(1), 199-206.
Nandi, J. K., & Choudhary, N. K. (2011). Credit Risk Management of Loan Portfolios by Indian Banks: Some Empirical Evidence. The IUP Journal of Bank Management, X(2), 7-31.
Ozili, P. K. (2015). Credit smoothing and determinants of loan loss reserves evidence from Europe, US, Asia and Africa. Journal of Business, Economics & Finance, 4(2), 1-18.
Ponraj, P., & Rajendran, G. (2012). Financial Strength As An Indicator For Measuring Bank Competitiveness: An Empirical Evidence From Indian Banking Industry. Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, 7(2), 179-188.
Rajan, R. (1992). Insider and Outsiders, the Choice between Informed and Arm’s-Length Debt. Journal of Finance, 47, 1367–1400.
Rajan, R., & Zingales, L. (1995). What do we know about capital structure? Some evidence from international data. Journal of Finance, 50(5), 1421-1460.
Schich, S., & Lindh, S. (2012). Implicit guarantees for bank debt: Where do we stand? OECD Joumal: Financial Market Trends, 2012(1), 45-67.
Simonson, D. G., Stowe, J. D., & Watson, C. J. (1983). A Canonical Correlation Analysis of Commercial Bank Asset/Liability Structures. Journal Of Financial And Ouantitative Analysis , 125-140 .
Stowe, J. D., Watson, C. J., & Robertson, T. D. (1980). Relationships between the Two Sides of the Balance Sheet: A Canonical Correlation Analysis. Journal of Finance, 35, 973-980.
Suganthi, J., & Santhi, Y. (2010). A study on operational efficiency and profitability of banks. Global Management Review, 51(11), 83-92
Downloads
Published
How to Cite
Issue
Section
License
Mercados y Negocios by Department of Mercadotecnia y Negocios Internacionales. University of Guadalajara is licensed under a License Creative Commons Attribution-NonCommercial 4.0 International.
The author retains the copyright.
