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http://dx.doi.org/10.17703/JCCT.2019.5.2.77

The Effects of Ownership Concentration on Savings Bank Diversification by using Panel Data  

Bae, Soo Hyun (Business School. Daegu Catholic University)
Publication Information
The Journal of the Convergence on Culture Technology / v.5, no.2, 2019 , pp. 77-82 More about this Journal
Abstract
The purpose of this study is to analyze the relationship between the controlling shareholding ratio and the business diversification of savings banks The difference in this study is the analysis of the relationship between the controlling shareholding ratio of the savings bank and the business diversification using panel data. In this study, the semi-annual financial statements for the period 2014-2018 were used on the basis of a sample of 79 saving banks. The research model is analyzed using random effects generalized linear square (GLS) model considering the autocorrelation problem. As a result of the empirical analysis, it is estimated that the relationship between the controlling shareholding ratio of the savings bank and the business diversification is significant (+). This is the result of supporting the hedging hypothesis.
Keywords
Savings Banks; Ownership Concentration; Diversification; Panel Data; Random effect GLS model;
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Times Cited By KSCI : 2  (Citation Analysis)
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