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Bank profitability determinants under IFRSs

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  • George Emmanuel Iatridis
  • Anthony Dionysus Persakis

Abstract

This study examines the effects of implementation of IAS 32, IAS 39 and IFRS 7 on Greek and UK banks' profitability during the period 2001-2008. The investigation period has been separated into the period before, during and after IFRS implementation. The empirical findings suggest that, throughout the entire period of investigation, Greek banks' profitability is mostly influenced by capital strength, bank size, bank efficiency, the use of derivatives and operating expenses. The study shows that UK banks' profitability is generally affected by operating expenses, the use of derivatives and liquidity.

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  • George Emmanuel Iatridis & Anthony Dionysus Persakis, 2012. "Bank profitability determinants under IFRSs," International Journal of Economics and Accounting, Inderscience Enterprises Ltd, vol. 3(1), pages 77-99.
    • Handle: RePEc:ids:ijecac:v:3:y:2012:i:1:p:77-99
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