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Macroeconomic and Bank-Specific Variables and the Liquidity of Jordanian Commercial Banks KCI 등재 SCOPUS

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한국유통과학회 (Korea Distribution Science Association)
초록

This study aimed to explore the impact of macroeconomic (Real GDP growth (GDPG), Inflation rate (INF)) and bank –specific variables (profitability (ROA), capital adequacy (CADEQ), non-performing loans (NPL), deposit growth (DEPG)) on the liquidity (lIQ) of 13 listed Jordanian commercial banks for the period 2011-2018. Panel data analysis, Pooled least square, fixed effects model and random effects model, Lagrange multiplier test, and Hausman test were used. The random effects model output shows that, macroeconomic variables have a significant impact on Jordanian commercial banks liquidity since inflation has a positive impact while GDPG has a negative impact on banks (LIQ). On the other hand among the bank-specific variables capital adequacy and deposit growth have a positive significant impact on banks (LIQ), while (NPL) and (SIZE) have a negative significant impact on Jordanian commercial banks liquidity. But ROA has a negative insignificant impact on (LIQ). The findings of the study suggest that commercial banks departments need to pay attention to the economic and internal variables of banks in order to maintain acceptable levels of liquidity.

목차
Abstract
1. Introduction
2. Literature Review
    2.1. Theoretical Literature
    2.2. Empirical Evidence
    2.3. Hypotheses
3. Data and Methodology
    3.1. Data
    3.2. Methodology
4. Results and Discussion
    4.1. Correlation Matrix
    4.2. Descriptive Statistics
    4.3. Stationary Test
    4.4. Regression Results and Discussion
5. Conclusions
References
저자
  • Ali Mustafa AL-QUDAH(Department of Finance and Business Economics, Faculty of Economics and Administrative Sciences, Al Al-Bayt University, Mafraq, Jordan) Corresponding Author