Financial Analytics: Science and Experience

Key value drivers of commercial banks: Evidence from Central and Eastern Europe

Vol. 11, Iss. 3, SEPTEMBER 2018

Received: 20 April 2018

Received in revised form: 23 May 2018

Accepted: 30 May 2018

Available online: 29 August 2018


JEL Classification: C23, C51, G21, G32

Pages: 269–280

Frolova E.А. National Research University – Higher School of Economics (NRU – HSE), Moscow, Russian Federation

ORCID id: not available

Subject This article deals with the issues of management of the bank's value. The consideration covers data from 17 countries for 2000–2015.
Objectives The article aims to identify the most informative indicators for the management of the bank's value in Central and Eastern European countries.
Methods For the study, I used the methods of comparative, statistical, and regression analyses.
Results Based on the sample from the 171 banks, the article reveals the interdependence of the economic value added index on the bank's reliability and efficiency parameters.
Conclusions The results of modeling do not contradict each other and allow to reveal the most informative indicators in terms of management of the bank's value.

Keywords: commercial bank, Economic Value Added (EVA), measure, panel data, logistic regression


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Vol. 11, Iss. 3
September 2018