Table 8 Robustness check results... | Emerald Publishing

Table 8

Robustness check results (domestic sub-sample only)

Comparison of ROA determinants (full sample vs domestic banks only)			Comparison of ROE determinants (full sample vs domestic banks only)
Independent variable	(1) Full sample (N = 70)	(2) Domestic banks only (N = 33)	Independent variable	(1) Full sample (N = 70)	(2) Domestic banks only (N = 33)
Independent variable	Coefficient	Coefficient		Coefficient	Coefficient
CRAR	0.0170**	0.1614***	CRAR	0.1289*	1.1955**
AQ	0.0023	0.0528***	AQ	0.2003*	0.7225**
DEP	0.0162	0.0689***	DEP	0.0984	0.5530*
AS (log)	1.3349***	−0.6407	AS (log)	0.5622	−11.8729
AM	0.4382***	−0.3905***	AM	0.0277	−5.5983***
EI	−0.0246***	−0.0715***	EI	−0.1393**	−1.0344***
OFF	−0.0006*	−0.0003	OFF	−0.0099***	−0.0079
GDP	0.004	0.0076	GDP	0.2102	−0.0272
INT	−0.1999	−0.0016	INT	0.1878	−5.4480**
EXCH	0.0057	−0.0119	EXCH	0.1409	−0.3232
INF	0.0115	0.0619	INF	2.9604*	2.1127
Observations	420	198	Observations	420	198
Number of Banks	70	33	Number of Banks	70	33
Within R-squared	0.4447	0.6479	Within R-squared	0.2186	0.5377

Comparison of ROA determinants (full sample vs domestic banks only)			Comparison of ROE determinants (full sample vs domestic banks only)
Independent variable	(1) Full sample (N = 70)	(2) Domestic banks only (N = 33)	Independent variable	(1) Full sample (N = 70)	(2) Domestic banks only (N = 33)
Independent variable	Coefficient	Coefficient		Coefficient	Coefficient
CRAR	0.0170**	0.1614***	CRAR	0.1289*	1.1955**
AQ	0.0023	0.0528***	AQ	0.2003*	0.7225**
DEP	0.0162	0.0689***	DEP	0.0984	0.5530*
AS (log)	1.3349***	−0.6407	AS (log)	0.5622	−11.8729
AM	0.4382***	−0.3905***	AM	0.0277	−5.5983***
EI	−0.0246***	−0.0715***	EI	−0.1393**	−1.0344***
OFF	−0.0006*	−0.0003	OFF	−0.0099***	−0.0079
GDP	0.004	0.0076	GDP	0.2102	−0.0272
INT	−0.1999	−0.0016	INT	0.1878	−5.4480**
EXCH	0.0057	−0.0119	EXCH	0.1409	−0.3232
INF	0.0115	0.0619	INF	2.9604*	2.1127
Observations	420	198	Observations	420	198
Number of Banks	70	33	Number of Banks	70	33
Within R-squared	0.4447	0.6479	Within R-squared	0.2186	0.5377

Note(s): Significance codes: ***p < 0.01, **p < 0.05, *p < 0.10

Source(s): Authors