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International Financial Reporting Standards And The Effect On Banking Profitabiity. A Case Study Of Greek Banks In Bugaria

Author

Listed:
  • KOLETSA ELENI

    (South-West University "NeofitRilski", Blagoevgrad)

Abstract

The present work deals with the calculation and the analysis of profitability and the effectiveness in the Greek Banking Institutions which are located in Bulgaria during the period of IFRS implementation. Its general goal is to examine the effect in profitability after the implementation of IFRS in the banking Institutions. The use of financial ratios is one of the most widespread and dynamic methods of financing analysis that helps in the interpretation of economic elements of an enterprise, so that it has been selected for this work. It is evaluated the efficiency and profitability for the years before and after the implementation of IFRS in order to have a completed picture of the examined credit institutes. Afterwards, it follows a comparison of the given results for each bank and the export of conclusions.

Suggested Citation

  • Koletsa Eleni, 2019. "International Financial Reporting Standards And The Effect On Banking Profitabiity. A Case Study Of Greek Banks In Bugaria," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 16(1), pages 31-41.
    • Handle: RePEc:neo:journl:v:16:y:2019:i:1:p:31-41
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    References listed on IDEAS

    as
    1. Rafael La Porta & Florencio Lopez‐De‐Silanes & Andrei Shleifer, 2002. "Government Ownership of Banks," Journal of Finance, American Finance Association, vol. 57(1), pages 265-301, February.
    2. Berger, Allen N, 2003. "The Economic Effects of Technological Progress: Evidence from the Banking Industry," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 35(2), pages 141-176, April.
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    More about this item

    Keywords

    IFRS; banking performance; efficiency; profitability;
    All these keywords.

    JEL classification:

    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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