The Factors Influencing Banks' Risk-Taking Behavior: Evidence from The Turkish Banking Industry

This article empirically analyzes the factors affecting the risk taking of commercial banks in Turkey for the period 2010-2023. Inverse Z score was utilized as a measure of bank risk taking in the developed panel data regression models, while various bank-level and macro-level variables were employe...

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Main Authors: Yüksel Aydın, Erdal Demir
Format: Article
Language:English
Published: Ekonomi ve Finansal Araştırmalar Derneği 2025-06-01
Series:Ekonomi, Politika & Finans Araştırmaları Dergisi
Subjects:
Online Access:https://dergipark.org.tr/tr/download/article-file/4633510
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author Yüksel Aydın
Erdal Demir
author_facet Yüksel Aydın
Erdal Demir
author_sort Yüksel Aydın
collection DOAJ
description This article empirically analyzes the factors affecting the risk taking of commercial banks in Turkey for the period 2010-2023. Inverse Z score was utilized as a measure of bank risk taking in the developed panel data regression models, while various bank-level and macro-level variables were employed as independent variables. The developed models in this article is estimated separately for the main sample including all banks and the sub-samples formed. According to the results, bank size, bank capital, bank deposit and net interest margin variables tend to reduce the level of bank risk taking in terms of the main sample. However, liquidity risk, credit risk, inflation rate, economic growth and the COVID-19 pandemic crisis tend to increase the level of bank risk taking. Findings from subsamples of listed, non-listed, domestic and foreign banks indicate that bank size, bank capital and net interest margin tend to reduce the level of bank risk taking, which supports the findings from the main sample. Finally, the results of this article have important implications for bank management, regulatory mechanisms and policy makers in terms of controlling the risk-taking behavior of banks, ensuring stability in the banking sector and building a sustainable banking sector.
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series Ekonomi, Politika & Finans Araştırmaları Dergisi
spelling doaj-art-ff77b13a743747a288eceeebab6a9ad32025-08-20T03:30:40ZengEkonomi ve Finansal Araştırmalar DerneğiEkonomi, Politika & Finans Araştırmaları Dergisi2587-151X2025-06-0110263665410.30784/epfad.1645226957The Factors Influencing Banks' Risk-Taking Behavior: Evidence from The Turkish Banking IndustryYüksel Aydın0https://orcid.org/0000-0001-8966-7781Erdal Demir1https://orcid.org/0000-0002-8030-2185SİVAS CUMHURİYET ÜNİVERSİTESİVAN YÜZÜNCÜ YIL ÜNİVERSİTESİ, GEVAŞ MESLEK YÜKSEKOKULUThis article empirically analyzes the factors affecting the risk taking of commercial banks in Turkey for the period 2010-2023. Inverse Z score was utilized as a measure of bank risk taking in the developed panel data regression models, while various bank-level and macro-level variables were employed as independent variables. The developed models in this article is estimated separately for the main sample including all banks and the sub-samples formed. According to the results, bank size, bank capital, bank deposit and net interest margin variables tend to reduce the level of bank risk taking in terms of the main sample. However, liquidity risk, credit risk, inflation rate, economic growth and the COVID-19 pandemic crisis tend to increase the level of bank risk taking. Findings from subsamples of listed, non-listed, domestic and foreign banks indicate that bank size, bank capital and net interest margin tend to reduce the level of bank risk taking, which supports the findings from the main sample. Finally, the results of this article have important implications for bank management, regulatory mechanisms and policy makers in terms of controlling the risk-taking behavior of banks, ensuring stability in the banking sector and building a sustainable banking sector.https://dergipark.org.tr/tr/download/article-file/4633510bank risk takingcommercial banksturkish banking systempanel data analysisbanka risk almaticari bankalartürk bankacılık sistemipanel veri analizi
spellingShingle Yüksel Aydın
Erdal Demir
The Factors Influencing Banks' Risk-Taking Behavior: Evidence from The Turkish Banking Industry
Ekonomi, Politika & Finans Araştırmaları Dergisi
bank risk taking
commercial banks
turkish banking system
panel data analysis
banka risk alma
ticari bankalar
türk bankacılık sistemi
panel veri analizi
title The Factors Influencing Banks' Risk-Taking Behavior: Evidence from The Turkish Banking Industry
title_full The Factors Influencing Banks' Risk-Taking Behavior: Evidence from The Turkish Banking Industry
title_fullStr The Factors Influencing Banks' Risk-Taking Behavior: Evidence from The Turkish Banking Industry
title_full_unstemmed The Factors Influencing Banks' Risk-Taking Behavior: Evidence from The Turkish Banking Industry
title_short The Factors Influencing Banks' Risk-Taking Behavior: Evidence from The Turkish Banking Industry
title_sort factors influencing banks risk taking behavior evidence from the turkish banking industry
topic bank risk taking
commercial banks
turkish banking system
panel data analysis
banka risk alma
ticari bankalar
türk bankacılık sistemi
panel veri analizi
url https://dergipark.org.tr/tr/download/article-file/4633510
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