Title of article :
Presenting a Model of the Relationship Between Monetary Policies, Capital Structure, and Banks Risk-Taking
Author/Authors :
Tabani ، Ayub Department of Accounting - Islamic Azad University, Qeshm Branch , Badiei ، Hossein Department of Accounting - Faculty of Economics and Accounting - Islamic Azad University, South Tehran Branch , Moradpour ، Saeed Department of Accounting and Financial Management - Faculty of Humanities - Islamic Azad University, Bandar Abbas Branch , Ranjbar ، Mohammad Hossein Department of Accounting and Financial Management - Faculty of Humanities - Islamic Azad University, Bandar Abbas Branch
Abstract :
The main objective of this study is to investigate the relationship between monetary policies, capital structure, and risk-taking of listed banks in the Tehran Stock Exchange. In this study, to measure the monetary policies, the indicator of legal reserve rate has been used. The sample consists of 21 banks listed on Tehran Stock Exchange in the period from 2012 to 2018. In this study, the data were extracted from the Rahavard Novin 3 software and then classified by Excel software, and after calculating the variables, finally, through Eviews10 software, the multivariable regression model and panel data were used to test the hypotheses. The results showed that there is a significant negative relationship between monetary policies and banks risk-taking within a 95% confidence level. In addition, other findings indicated the existence of a significant positive relationship between monetary policies and bank capital structure. However, the research results show that there is no significant relationship between bank capital structure and banks risk-taking.
Keywords :
Monetary Policies , Legal Reserve Rate , Capital Structure , Debt , Risk , Taking
Journal title :
Advances in Mathematical Finance and Applications
Journal title :
Advances in Mathematical Finance and Applications
