The Short and Long Term Performance Persistence in the Central European Banking Industry
This article investigates the scale of performance persistence in the Central European banking industry. Contrary to the existing literature, we test not only for the short-term performance persistence but we propose also a novel method of analyzing the long-term persistence. Using an extensive data...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
VIZJA University
2011-12-01
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| Series: | Contemporary Economics |
| Online Access: | http://ce.vizja.pl/en/download-pdf/id/224 |
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| _version_ | 1849414923193417728 |
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| author | Krzysztof Jackowicz Oskar Kowalewski Łukasz Kozłowski |
| author_facet | Krzysztof Jackowicz Oskar Kowalewski Łukasz Kozłowski |
| author_sort | Krzysztof Jackowicz |
| collection | DOAJ |
| description | This article investigates the scale of performance persistence in the Central European banking industry. Contrary to the existing literature, we test not only for the short-term performance persistence but we propose also a novel method of analyzing the long-term persistence. Using an extensive dataset, covering the 1992-2009 period, we establish that banks’ results are strongly persistent in two-years sub-periods as well as in the long-run. Moreover, we find that the strength of studied phenomenon is not significantly influenced by the macroeconomic environment, banks size and capital base and country-specific factors. |
| format | Article |
| id | doaj-art-6a6ec57e061b4d508d1eb69b628431de |
| institution | Kabale University |
| issn | 2084-0845 |
| language | English |
| publishDate | 2011-12-01 |
| publisher | VIZJA University |
| record_format | Article |
| series | Contemporary Economics |
| spelling | doaj-art-6a6ec57e061b4d508d1eb69b628431de2025-08-20T03:33:41ZengVIZJA UniversityContemporary Economics2084-08452011-12-0154125010.5709/ce.1897-9254.25The Short and Long Term Performance Persistence in the Central European Banking IndustryKrzysztof JackowiczOskar KowalewskiŁukasz KozłowskiThis article investigates the scale of performance persistence in the Central European banking industry. Contrary to the existing literature, we test not only for the short-term performance persistence but we propose also a novel method of analyzing the long-term persistence. Using an extensive dataset, covering the 1992-2009 period, we establish that banks’ results are strongly persistent in two-years sub-periods as well as in the long-run. Moreover, we find that the strength of studied phenomenon is not significantly influenced by the macroeconomic environment, banks size and capital base and country-specific factors.http://ce.vizja.pl/en/download-pdf/id/224 |
| spellingShingle | Krzysztof Jackowicz Oskar Kowalewski Łukasz Kozłowski The Short and Long Term Performance Persistence in the Central European Banking Industry Contemporary Economics |
| title | The Short and Long Term Performance Persistence in the Central European Banking Industry |
| title_full | The Short and Long Term Performance Persistence in the Central European Banking Industry |
| title_fullStr | The Short and Long Term Performance Persistence in the Central European Banking Industry |
| title_full_unstemmed | The Short and Long Term Performance Persistence in the Central European Banking Industry |
| title_short | The Short and Long Term Performance Persistence in the Central European Banking Industry |
| title_sort | short and long term performance persistence in the central european banking industry |
| url | http://ce.vizja.pl/en/download-pdf/id/224 |
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