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[{"key": "dc.contributor.advisor", "value": "Raatikainen, Juhani", "language": "", "element": "contributor", "qualifier": "advisor", "schema": "dc"}, {"key": "dc.contributor.author", "value": "Luhta, Hely", "language": "", "element": "contributor", "qualifier": "author", "schema": "dc"}, {"key": "dc.date.accessioned", "value": "2022-06-29T12:21:13Z", "language": null, "element": "date", "qualifier": "accessioned", "schema": "dc"}, {"key": "dc.date.available", "value": "2022-06-29T12:21:13Z", "language": null, "element": "date", "qualifier": "available", "schema": "dc"}, {"key": "dc.date.issued", "value": "2022", "language": "", "element": "date", "qualifier": "issued", "schema": "dc"}, {"key": "dc.identifier.uri", "value": "https://jyx.jyu.fi/handle/123456789/82103", "language": null, "element": "identifier", "qualifier": "uri", "schema": "dc"}, {"key": "dc.description.abstract", "value": "T\u00e4ss\u00e4 pro gradu -ty\u00f6ss\u00e4 tutkitaan, miten pankit ovat sopeutuneet tiukempiin p\u00e4\u00e4omavaatimuksiin ja miten p\u00e4\u00e4oman taso ja rakenne vaikuttavat pankkien tulokseen euroalueella. Empiirisess\u00e4 tutkimuksessa k\u00e4ytet\u00e4\u00e4n laajaa, 308 euroalueen pankkia kattavaa aineistoa ajanjaksolta 2005-2020. P\u00e4\u00e4omarakennetta tarkastellaan sek\u00e4 kokonaisp\u00e4\u00e4omatasona suhteessa riskipainotettuihin varoihin, ett\u00e4 jaettuna pankkikohtaiseen p\u00e4\u00e4omavaatimukseen ja sen ylitt\u00e4v\u00e4\u00e4n, vapaaehtoiseen puskuriin. Pankin suorituskyky\u00e4 taas mitataan tuotoilla suhteutettuna sek\u00e4 kokonaisvaroihin ett\u00e4 riskipainotettuihin varoihin. Empiirisen tutkimuksen tulosten perusteella kokonaisp\u00e4\u00e4oman tasolla on positiivinen vaikutus suuriin pankkeihin, kun taas pieniin ja keskisuuriin vaikutusta ei havaita. P\u00e4\u00e4omavaatimukset taas vaikuttavat positiivisesti sek\u00e4 pienten ett\u00e4 suurten pankkien suorituskykyyn, mutta keskisuuriin pankkeihin vaikutus on huomattavan negatiivinen. Vapaaehtoinen p\u00e4\u00e4oma vaikuttaa positiivisesti pienten ja suurten pankkien tuottoihin. Kaiken kaikkiaan p\u00e4\u00e4oman positiivinen vaikutus suorituskykyyn korostuu riskikorjatun tuoton osalta, joten voidaan p\u00e4\u00e4tell\u00e4, ett\u00e4 p\u00e4\u00e4omatason nousu parantaa pankkien riskinsietokyky\u00e4 liiketoiminnassa. P\u00e4\u00e4omatason ja minimip\u00e4\u00e4omavaatimusten vaikutus keskikokoisiin pankkeihin eroaa selv\u00e4sti pienist\u00e4 ja isoista pankeista, ja jatkotutkimuksen kannalta olisi mielenkiintoista tutkia, mitk\u00e4 tekij\u00e4t keskikokoisten pankkien ryhm\u00e4ss\u00e4 vaikuttavat t\u00e4h\u00e4n. Lis\u00e4ksi, kontrollimuuttujien avulla havaitaan, ett\u00e4 erikokoisten pankkien suorituskyky reagoi toisistaan poikkeavalla tavalla muutoksiin rahapolitiikassa ja makrotaloudellisessa ymp\u00e4rist\u00f6ss\u00e4.", "language": "fi", "element": "description", "qualifier": "abstract", "schema": "dc"}, {"key": "dc.description.abstract", "value": "This master\u2019s thesis studies how banks have adapted to stricter capital re-quirements and what effect the level and structure of capital has on bank's performance. The empirical study covers an extensive data of 308 euro area banks over the period 2005-2020. The capital structure is examined both as a level of total capital in relation to risk-weighted assets and divided to the bank-specific capital requirement and the voluntary buffer exceeding it. Bank performance, on the other hand, is measured in terms of income in relation to both total assets and risk-weighted assets. Based on the results of an empirical study, the level of total capital has a positive effect on large banks, while no effect on small and medium-sized banks is observed. Capital requirements, on the other hand, have a positive effect on the performance of both small and large banks, but the effect on medium-sized banks is considerably negative. Voluntary capital has a positive effect on the returns of small and large banks. Overall, the positive impact of capital on performance is highlighted in terms of risk-adjusted returns, so it can be concluded that an increase in the level of capital will improve banks' risk tolerance in business. The impact of capital levels and minimum capital requirements on medium-sized banks is clearly different from that of small and large banks, and it would be interesting for further research to examine which factors in the group of medium-sized banks contribute to this. In addition, the control variables show that the performance of banks of different sizes reacts differently to changes in monetary policy and the macroeconomic environment.", "language": "en", "element": "description", "qualifier": "abstract", "schema": "dc"}, {"key": "dc.description.provenance", "value": "Submitted by Miia Hakanen (mihakane@jyu.fi) on 2022-06-29T12:21:13Z\nNo. of bitstreams: 0", "language": "en", "element": "description", "qualifier": "provenance", "schema": "dc"}, {"key": "dc.description.provenance", "value": "Made available in DSpace on 2022-06-29T12:21:13Z (GMT). No. of bitstreams: 0\n Previous issue date: 2022", "language": "en", "element": "description", "qualifier": "provenance", "schema": "dc"}, {"key": "dc.format.extent", "value": "62", "language": "", "element": "format", "qualifier": "extent", "schema": "dc"}, {"key": "dc.format.mimetype", "value": "application/pdf", "language": null, "element": "format", "qualifier": "mimetype", "schema": "dc"}, {"key": "dc.language.iso", "value": "eng", "language": null, "element": "language", "qualifier": "iso", "schema": "dc"}, {"key": "dc.rights", "value": "In Copyright", "language": "en", "element": "rights", "qualifier": null, "schema": "dc"}, {"key": "dc.subject.other", "value": "bank capital", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "Basel III", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "bank performance", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.title", "value": "The Impact of Capital Structure on Bank Performance in the Euro Area", "language": "", "element": "title", "qualifier": null, "schema": "dc"}, {"key": "dc.type", "value": "master thesis", "language": null, "element": "type", "qualifier": null, "schema": "dc"}, {"key": "dc.identifier.urn", "value": "URN:NBN:fi:jyu-202206293703", "language": "", "element": "identifier", "qualifier": "urn", "schema": "dc"}, {"key": "dc.type.ontasot", "value": "Pro gradu -tutkielma", "language": "fi", "element": "type", "qualifier": "ontasot", "schema": "dc"}, {"key": "dc.type.ontasot", "value": "Master\u2019s thesis", "language": "en", "element": "type", "qualifier": "ontasot", "schema": "dc"}, {"key": "dc.contributor.faculty", "value": "Jyv\u00e4skyl\u00e4 University School of Business and Economics", "language": "en", "element": "contributor", "qualifier": "faculty", "schema": "dc"}, {"key": "dc.contributor.faculty", "value": "Jyv\u00e4skyl\u00e4n yliopiston kauppakorkeakoulu", "language": "fi", "element": "contributor", "qualifier": "faculty", "schema": "dc"}, {"key": "dc.contributor.department", "value": "Taloustieteet", "language": "fi", "element": "contributor", "qualifier": "department", "schema": "dc"}, {"key": "dc.contributor.department", "value": "Business and Economics", "language": "en", "element": "contributor", "qualifier": "department", "schema": "dc"}, {"key": "dc.contributor.organization", "value": "Jyv\u00e4skyl\u00e4n yliopisto", "language": "fi", "element": "contributor", "qualifier": "organization", "schema": "dc"}, {"key": "dc.contributor.organization", "value": "University of Jyv\u00e4skyl\u00e4", "language": "en", "element": "contributor", "qualifier": "organization", "schema": "dc"}, {"key": "dc.subject.discipline", "value": "Taloustiede", "language": "fi", "element": "subject", "qualifier": "discipline", "schema": "dc"}, {"key": "dc.subject.discipline", "value": "Economics", "language": "en", "element": "subject", "qualifier": "discipline", "schema": "dc"}, {"key": "yvv.contractresearch.funding", "value": "0", "language": "", "element": "contractresearch", "qualifier": "funding", "schema": "yvv"}, {"key": "dc.type.coar", "value": "http://purl.org/coar/resource_type/c_bdcc", "language": null, "element": "type", "qualifier": "coar", "schema": "dc"}, {"key": "dc.rights.accesslevel", "value": "openAccess", "language": null, "element": "rights", "qualifier": "accesslevel", "schema": "dc"}, {"key": "dc.type.publication", "value": "masterThesis", "language": null, "element": "type", "qualifier": "publication", "schema": "dc"}, {"key": "dc.subject.oppiainekoodi", "value": "2041", "language": "", "element": "subject", "qualifier": "oppiainekoodi", "schema": "dc"}, {"key": "dc.subject.yso", "value": "pankit", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "p\u00e4\u00e4oma", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "rahapolitiikka", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "banks (monetary institutions)", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "capital", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "monetary policy", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.format.content", "value": "fulltext", "language": null, "element": "format", "qualifier": "content", "schema": "dc"}, {"key": "dc.rights.url", "value": "https://rightsstatements.org/page/InC/1.0/", "language": null, "element": "rights", "qualifier": "url", "schema": "dc"}, {"key": "dc.type.okm", "value": "G2", "language": null, "element": "type", "qualifier": "okm", "schema": "dc"}]
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