IDEAS home Printed from https://ideas.repec.org/a/vrn/yrbook/y2016i1p275-353.html
   My bibliography  Save this article

The Competitiveness-Stability Relation from The Viewpoint of The Bank System in Bulgaria

Author

Listed:
  • Lyubomir Georgiev

    (University of Economics - Varna)

  • Nedyalko Valkanov

    (University of Economics - Varna)

  • Andrian Yambolov

    (University of Economics - Varna)

Abstract

In the study there is made an attempt to provide a satisfactory answer to thefollowing question-To what extent does the competition on the banking market in Bulgaria influence the stability of credit institutions andthe bank system as a whole? Inthis context the former is structured in the following order: 1. A theoretical and applied analysis of: the relation between competition in thebanking sector and the stability of credit institutions; the indicators for measuring the bank’s competitiveness and stability; the use of the indicators in various research models. 2. An empirical study of the competitiveness-stability relation from the viewpoint of the bank system in Bulgaria.The results of the study show the existence of a positive connection between thecompetition on the banking market and the Bank Z-Score indicator, measuring the so-called Distance-to-Default of banks. Therefore it provides evidence in support of thecompetitiveness-stabilityhypothesis. The research thesis being argued is that banking should not be protected from competition, i.e. competition can bring considerable benefitsto the banking sector in Bulgaria and should not be sacrificed in the name of greaterstability.

Suggested Citation

  • Lyubomir Georgiev & Nedyalko Valkanov & Andrian Yambolov, 2016. "The Competitiveness-Stability Relation from The Viewpoint of The Bank System in Bulgaria," An Annual Book of University of Economics - Varna, University of Economics - Varna, vol. 88(1), pages 275-353, January.
    • Handle: RePEc:vrn:yrbook:y:2016:i:1:p:275-353
    as

    Download full text from publisher

    File URL: http://godishnik.ue-varna.bg/public/uploads/20200225064451_16039110095e54c263088e1.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Competitiveness-Stability Relation; Bank System; Bank Z-Score indicator; Distance-to-Default of banks;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrn:yrbook:y:2016:i:1:p:275-353. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Radka Nacheva or Emilia Kirecheva (email available below). General contact details of provider: https://edirc.repec.org/data/uevarbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.