IDEAS home Printed from https://ideas.repec.org/a/taf/pocoec/v33y2021i4p458-483.html
   My bibliography  Save this article

Domestic political risk, global economic policy uncertainty, and banks’ profitability: evidence from Ukrainian banks

Author

Listed:
  • Seyed Alireza Athari

Abstract

This study examines the effects of domestic political risk and global economic policy uncertainty factors on the profitability of Ukrainian banks during the 2005–2015 period. The empirical results underscore that the domestic political stability and global economic policy uncertainty have significant positive and negative effect on Ukrainian banks’ profitability, respectively. Results suggest that a rise of Ukrainian banks’ profitability depends significantly on decreasing domestic political and global risk levels. Likewise, the results of traditional determinants indicate that the profitability of Ukrainian banks is shaped by the bank and industry-specific determinants. The results are robust and consistent when alternative model specifications are conducted. The findings of this study have important policy implications for policymakers, banks’ managers, and analysts.

Suggested Citation

  • Seyed Alireza Athari, 2021. "Domestic political risk, global economic policy uncertainty, and banks’ profitability: evidence from Ukrainian banks," Post-Communist Economies, Taylor & Francis Journals, vol. 33(4), pages 458-483, May.
    • Handle: RePEc:taf:pocoec:v:33:y:2021:i:4:p:458-483
    DOI: 10.1080/14631377.2020.1745563
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14631377.2020.1745563
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/14631377.2020.1745563?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Seyed Alireza Athari & Chafic Saliba & Danielle Khalife & Madonna Salameh-Ayanian, 2023. "The Role of Country Governance in Achieving the Banking Sector’s Sustainability in Vulnerable Environments: New Insight from Emerging Economies," Sustainability, MDPI, vol. 15(13), pages 1-15, July.
    2. Lin Zhang & Xiaochen Zhang & Jingjing An & Wei Zhang & Jingshen Yao, 2022. "Examining the Role of Stakeholder-Oriented Corporate Governance in Achieving Sustainable Development: Evidence from the SME CSR in the Context of China," Sustainability, MDPI, vol. 14(13), pages 1-22, July.
    3. Seyed Alireza Athari & Farid Irani, 2022. "Does the country’s political and economic risks trigger risk-taking behavior in the banking sector: a new insight from regional study," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 11(1), pages 1-10, December.
    4. Seyed Alireza Athari, 2022. "Financial Inclusion, Political Risk, and Banking Sector Stability: Evidence from Different Geographical Regions," Economics Bulletin, AccessEcon, vol. 42(1), pages 99-108.
    5. Neba Bhalla & Rakesh Kumar Sharma & Inderjit Kaur, 2022. "Effect of Tax Knowledge and Technological Shift in Tax System on Business Performance: A PLS-SEM Analysis," Sustainability, MDPI, vol. 14(16), pages 1-18, August.
    6. Marta Anita Karaś & Michał Boda, 2024. "Stabilność i wyniki finansowe banków w krajach Europy graniczących z konfliktem militarnym w Ukrainie," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 64-111.
    7. Pardis Roozkhosh & Alireza Pooya & Renu Agarwal, 2023. "Blockchain acceptance rate prediction in the resilient supply chain with hybrid system dynamics and machine learning approach," Operations Management Research, Springer, vol. 16(2), pages 705-725, June.
    8. Richard Arhinful & Mehrshad Radmehr, 2023. "The Impact of Financial Leverage on the Financial Performance of the Firms Listed on the Tokyo Stock Exchange," SAGE Open, , vol. 13(4), pages 21582440231, November.
    9. Ozili, Peterson K & Arun, Thankom, 2022. "Does economic policy uncertainty affect bank profitability?," MPRA Paper 114403, University Library of Munich, Germany.
    10. Dang, Van Dan & Nguyen, Hoang Chung, 2022. "Bank profitability under uncertainty," The Quarterly Review of Economics and Finance, Elsevier, vol. 83(C), pages 119-134.
    11. Seyed Alireza Athari, 2022. "Does investor protection affect corporate dividend policy? Evidence from Asian markets," Bulletin of Economic Research, Wiley Blackwell, vol. 74(2), pages 579-598, April.
    12. Ozili, Peterson K, 2022. "Economic policy uncertainty, bank nonperforming loans and loan loss provisions: are they correlated?," MPRA Paper 112381, University Library of Munich, Germany.
    13. Omar Radwan Traboulsy, 2023. "The Role of Resource Acquisition in Achieving Sustainable Competitive Performance for SMEs in an Emerging Market: A Moderated Mediation Analysis," Sustainability, MDPI, vol. 15(16), pages 1-21, August.
    14. Adalessossi, Kokou, 2023. "Impact of E-Banking on the Islamic bank profitability in Sub-Saharan Africa: What are the financial determinants?," Finance Research Letters, Elsevier, vol. 57(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:pocoec:v:33:y:2021:i:4:p:458-483. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CPCE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.