TY  - JOUR
TI  - THE EFFECT OF GLOBAL FINANCIAL CRISIS ON SECURITIES PORTFOLIO OF DEPOSIT BANKS: A DIFFERENCE-IN- DIFFERENCES METHOD FOR TURKEY
AB  - This study analyzes the effects of the global financial crisis of 2008 upon public and private deposit banks’securities portfolio in Turkey for the quarterly period between 2005 (Q1) and 2015 (Q4). Difference-in-Differences(DiD) method is employed to solve the research question of this paper, which is whether or not there exist a significantchange in differences between Turkish public and private banks’ ratio of securities (financial assets) to total assetsduring and after the crisis. This study concludes by suggesting that after the global financial crisis, securities to assetsratio of publicly owned deposit banks significantly differed from that of privately owned ones in Turkey.Compared tothe private deposit banks, there has been a significant decrease in the specified ratio of public deposit banks. This canbe explained by taking into account the very nature of public banks. The results of the econometric analyses indicatethat after the crisis, unlike the private deposit banks, state-owned deposit banks held fewer securities in their totalassets in Turkey, which is in line with the behavior of lending more to eliminate the negative effects of the crisis of2008.
AU  - Özdemir, Onur
AU  - Kayhan, Fatih
DO  - 10.15295/bmij.v7i1.1082
PY  - 2019
JO  - Business and Management Studies: An International Journal
VL  - 7
IS  - 1
SN  - 2148-2586
SP  - 444
EP  - 466
DB  - TRDizin
UR  - http://search/yayin/detay/318729
ER  -