Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/266839 
Year of Publication: 
2020
Citation: 
[Journal:] Financial Internet Quarterly [ISSN:] 2719-3454 [Volume:] 16 [Issue:] 2 [Publisher:] Sciendo [Place:] Warsaw [Year:] 2020 [Pages:] 24-36
Publisher: 
Sciendo, Warsaw
Abstract: 
The aim of the paper was to analyse the factors influencing European banks' credit ratings by taking into account the size of these institutions. A literature review onthe indicators that can impact bank notes has been made. As a result, the following hypotheses have beendrawn:banks' capital adequacy, profitability, liquidity and management quality have a significant influence on bank credit ratings. Bigger banks receive higher credit ratings than the smaller ones in similar financial conditions. To verify the presented hypotheses ordered logit panel data models have been used. The analysis has been prepared by using the quarterly data from the Thomson Reuters database for the period between 1998 to 2015. The European banks' long-term issuer credit ratings proposed by S&P, Fitch and Moody are used as dependent variables. The sample has been divided into subsamples according to the size of a bank and banking sector and capitalization.
Subjects: 
credit rating
logit panel data models
banking sector
JEL: 
C23
G21
G24
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

Files in This Item:
File
Size
1.8 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.