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The Effects of Ownership Concentration on Savings Bank Diversification by using Panel Data

패널데이터를 이용한 저축은행 소유집중도와 다각화

  • 배수현 (대구가톨릭대학교 경영학부)
  • Received : 2019.02.11
  • Accepted : 2019.04.09
  • Published : 2019.05.31

Abstract

The purpose of this study is to analyze the relationship between the controlling shareholding ratio and the business diversification of savings banks The difference in this study is the analysis of the relationship between the controlling shareholding ratio of the savings bank and the business diversification using panel data. In this study, the semi-annual financial statements for the period 2014-2018 were used on the basis of a sample of 79 saving banks. The research model is analyzed using random effects generalized linear square (GLS) model considering the autocorrelation problem. As a result of the empirical analysis, it is estimated that the relationship between the controlling shareholding ratio of the savings bank and the business diversification is significant (+). This is the result of supporting the hedging hypothesis.

표 1. 변수의 측정지표 Table 1. Variable Measurement

GJMGCK_2019_v5n2_77_t0001.png 이미지

표 2. 기초통계분석 Table 2. Technical statistical analysis

GJMGCK_2019_v5n2_77_t0002.png 이미지

표 3. GLS 분석결과 Table 3. Result of GLS

GJMGCK_2019_v5n2_77_t0003.png 이미지

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