The Role of Regulation in Banking: Liquidity Risk Perspective

Document Type: Research Paper

Authors

1 Faculty of Economics and Management, Universiti Kebangsaan Malaysia, 43600, Bangi, Selangor, Malaysia

2 Faculty of Economics and Management & Institute of Islam Hadhari (HADHARI), UKM, 43600, Bangi, Selangor, Malaysia

Abstract

The liquidity crisis in 2008 sparked interest in the role of regulation that could promote resilience and stability in the banking system. While the Public Interest theory suggests that legal policies could discipline banking activities, the Private Interest theory predicts otherwise, which impairs banking performance. The conflicting theories warrant comprehensive research, especially for Islamic banks, as they emerge to gain their systemic importance. Given this, this study examines the role of banking regulation on liquidity risk management of banks in OIC countries from 2000 to 2014. The findings suggest that restrictions on banking activities and capital requirement pose a significant impact on liquidity risk. However, the marginal effect of regulatory capital is more pronounced in conventional banks compared to Islamic banks.

Keywords

Main Subjects


Article Title [فارسی]

نقش تنظیم گری در بانکداری از منظر ریسک نقدینگی

Authors [فارسی]

  • سیاجارول امنا مهد امین 1
  • آیسیه عبدالرحمن 2
Abstract [فارسی]

بحران نقدینگی سال 2008 موجب بذل توجه به نقش تنظیم گری در ایجاد مقاومت و ثبات در نظام بانکی شد. در حالی که نظریه منافع عمومی عنوان می دارد که سیاست های قانونی می توانند فعالیت های بانکی را تنظیم کند، نظریه منافع خصوصیبیان می کند که این سیاست ها می تواند عملکرد بانکی را دچار اختلال کند. بروز این نظریات مخالف و اهمیت روزافزون آنها در نظام بانکی نیاز به انجام پژوهشی جامع به خصوص در بانکهای اسلامی را نمایان می سازد. بر این مبنا، پژوهش حاضر نقش تنظیم گری بانکی در مدیریت ریسک نقدینگی در بانک های کشورهای عضو سازمان کنفرانس اسلامی از سال2000 تا 2014 را بررسی می کند. یافته های پژوهش نشان می دهد که تحدید فعالیت های بانکی و الزامات سرمایه ای اثر مهمی روی ریسک نقدینگی دارد. با این حال، اثرات جانبی سرمایه نظارتی در بانکهای غیراسلامی از بانک های اسلامی چشمگیرتر است.   

Keywords [فارسی]

  • تنظیم گری بانکی
  • استانداردهای نظارت
  • ریسک نقدینگی
  • بانکهای اسلامی
  • روش گشتاورهای تعمیم یافته
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