اقتصاد و سیاست گذاری مالی

اقتصاد و سیاست گذاری مالی

برآورد روابط بین کارایی، تنوع بخشی و عملکرد بانک‌های پذیرفته شده در بورس اوراق بهادار تهران در چارچوب سیستم معادلات هم‌زمان

نوع مقاله : مقاله پژوهشی

نویسندگان
1 گروه اقتصاد، واحد اراک، دانشگاه آزاد اسلامی، اراک، ایران
2 گروه اقتصاد، دانشکده علوم اقتصادی و اجتماعی، دانشگاه بوعلی سینا، همدان، ایران
چکیده
نظام بانکی به‌عنوان یکی از ارکان اصلی نظام مالی، نقشی کلیدی در تجهیز منابع، تخصیص بهینه آن‌ها و هدایت سرمایه‌ها به سمت فعالیت‌های مولد دارد. با توجه به تحولات محیطی و افزایش رقابت در بازارهای مالی، توجه به عواملی همچون کارایی، ایجاد ارزش اضافی و گسترش تنوع درآمدی برای ارتقای عملکرد بانک‌ها ضرورت دارد. مقاله حاضر به بررسی روابط هم‌زمان میان تنوع درآمدی، کارایی و ارزش اضافی بانک‌های پذیرفته‌شده در بورس اوراق بهادار تهران می‌پردازد. جامعه آماری شامل بانک‌های پذیرفته شده در بورس اوراق بهادار تهران طی سال‌های 1402-1390 بوده و داده‌ها بر اساس صورت‌های مالی سالانه گردآوری شده است. برای آزمون فرضیه‌ها و تحلیل روابط، از مدل معادلات هم‌زمان و روش‌های اقتصادسنجی استفاده گردید. یافته‌های تحقیق نشان داد که کارایی و ارزش اضافی هر دو اثر مثبت و معناداری بر استراتژی تنوع بانک‌ها دارند. همچنین، نتایج حاکی از آن است که استراتژی تنوع و ارزش اضافی می‌توانند بر کارایی بانک‌ها اثرگذار باشند. در نهایت، استراتژی تنوع و کارایی نیز رابطه‌ای معنادار با ارزش اضافی بانک‌ها نشان دادند. علاوه‌بر این، بازده حقوق صاحبان سهام تنها متغیر کنترلی بود که اثر مثبت و معنادار بر هر سه متغیر اصلی داشته است. این نتایج نشان می‌دهد که توجه به چرخه پویا میان این مولفه‌ها می‌تواند به مدیران بانکی و سیاست‌گذاران در تدوین راهبردهای مالی، حمایت از رشد اقتصادی و ارتقای عملکرد بانک‌های پذیرفته شده در بورس اوراق بهادار تهران کمک نماید.

چکیده تصویری

برآورد روابط بین کارایی، تنوع بخشی و عملکرد بانک‌های پذیرفته شده در بورس اوراق بهادار تهران در چارچوب سیستم معادلات هم‌زمان
کلیدواژه‌ها
موضوعات

عنوان مقاله English

Estimating the Relationships Between Efficiency, Income Diversity, and Performance of Banks Listed on the Tehran Stock Exchange in the Framework of Simultaneous

نویسندگان English

Zinat Ghorbani 1
Gholamali Haji 1
Mohammad Hassan Fotros 2
, Ahmad Sarlak 1
1 Department of Economics, Arak Branch, Islamic Azad University, Arak, Iran
2 . Department of Economic, Faculty of Economic and Social Sciences, Bu-Ali Sina University, Hamedan, Iran.
چکیده English

The banking system, as one of the main pillars of the financial system, plays a key role in mobilizing resources, optimally allocating them, and directing capital toward productive activities. Given the environmental changes and increasing competition in financial markets, it is necessary to pay attention to factors such as efficiency, creating additional value, and expanding income diversification to improve bank performance. This article examines the simultaneous relationships between income diversification, efficiency, and Excess value of banks listed on the Tehran Stock Exchange. The statistical population includes banks listed on the Tehran Stock Exchange during the years 2011-2023, and the data were collected based on annual financial statements. The simultaneous equations model and econometric methods were used to test the hypotheses and analyze the relationships. The research findings showed that both efficiency and Excess value have a positive and significant effect on the diversification strategy of banks. Also, the results indicate that the diversification strategy and Excess value can affect the efficiency of banks. Finally, diversification and efficiency strategies also showed a significant relationship with the Excess value of banks. In addition, return on equity was the only control variable that had a positive and significant effect on all three main variables. These results indicate that paying attention to the dynamic cycle between these components can help bank managers and policymakers in formulating financial strategies, supporting economic growth, and improving the performance of banks listed on the Tehran Stock Exchange.

کلیدواژه‌ها English

Efficiency
Income Diversification
Excess Value
Simultaneous Equation System
Banks listed on the Tehran Stock Exchange
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