چکیده مقاله
The banking industry in Iran is responsible for the short and long term financing of economic activities due to insufficient development of the capital market and inefficiencies in this market Consequently, it is important to study and evaluate the risk of insolvent banks The main objective of this paper is to examine the explanatory capability of accounting ratios on the bankruptcy risk of banks in Iran In order to evaluate the efficiency of different financial ratios in explaining banks’ insolvency, two different ratios were used as dependent variables to represent the risk of insolvency quantitatively These two ratios are common ratios calculated by different approaches In the first approach, the information in the financial statements is used to calculate the z Score index, and in the second one, the Distance to Default parameter is calculated from market information Independent variables are divided into three categories of profit variables, variables related to asset and deposit management, and variables related to the quality of granted loans Using the unbalanced data panel, we examined the effectiveness of these variables on the two risk factors of insolvency The research sample included banks which are members of Securities and Exchange Organization of Iran during 2002 2016 The results of the research showed that the explanatory capability of variables are in the same direction in the two approaches
کلیدواژهها
نویسندگان
Alireza Validi
Faculty of finance sciences Kharazmi university of Tehran Tehran, Iran
Mohammadreza Validi
Faculty of computer and industrial engineering Birjand university of technology Birjand, Iran
شیوه ارجاع
Validi, Alireza and Validi, Mohammadreza,1397,Examining the explanatory capability of financial ratios in determining the insolvency risk of Iranian banks (Accounting- and market-based methods),4th International Conference on Industrial and Systems Engineering,Mashhad
ارائهشده در
مجموعه مقالات چهارمین کنفرانس بین المللی مهندسی صنایع و سیستمها21 شهریور 1397 · مشهد