Table 4

Estimations with panel data: Regression with fixed effect

(1)(2)(3)(4)(5)(6)
ROAROAROAROAROAROA
Leverage Ratio−0.001 (0.001)−0.003** (0.001)0 (0.001)−0.001 (0.001)0.002* (0.001)0.002* (0.001)
SIZE0*** (0)0*** (0)0 (0)−0.001*** (0)0 (0)0 (0)
LDTA 0.007*** (0.002)0.002 (0.002)0.002 (0.002)0.001 (0.002)0.002 (0.002)
NII Ratio  0.317*** (0.009)0.484*** (0.011)0.443*** (0.01)0.445*** (0.01)
Operating Efficiency   0.316*** (0.011)0.325*** (0.01)0.329*** (0.01)
CAP    0.086*** (0.002)0.086*** (0.002)
Credit Risk     0 (0.001)
_cons0.016*** (0.001)0.015*** (0.001)0.004*** (0.001)0.023*** (0.001)0.003** (0.001)0.004*** (0.001)
Observations6,2846,2446,1326,1116,0815,943
Year DummiesYESYESYESYESYESYES
Country DummiesYESYESYESYESYESYES

Note(s): This table represents the fixed effect regression analysis by considering 5,943 observations for dependent variable return on assets (ROA), and the independent variable consists of leverage ratio and long term debt ratio (LDTA) as measures of capital structure; size of the bank (SIZE); non-interest income ratio (NII Ratio); non-interest expense ratio denoted as Operating Efficiency; the capital ratio (CAP); the net loans to total assets ratio denoted as Credit Risk. The sign ***, ** and * denotes the statistical significance level at 1%, 5% and 10%, respectively. The p values are shown in the parenthesis

[ViewLarge]
This Feature Is Available To Subscribers Only

or Create an Account

Close subscription notice
Close access options