Performance Comparison of Cooperative Banks in the EU, USA and Canada
| Author(s): | Mgr. Matěj Kuc , |
|---|---|
| Type: | Article in collection |
| Year: | 2019 |
| Number: | 0 |
| ISSN / ISBN: | |
| Published in: | Proceedings ICEBI 2019: International Conference on Economics and Business Innovation, Bali |
| Publishing place: | |
| Keywords: | Cooperative banking, panel data, profitability measures, random effects |
| JEL codes: | |
| Suggested Citation: | |
| Grants: | GAUK No. 488317 - Performance of cooperative banking in the Czech Republic and other EU member states |
| Abstract: | This paper compares different types of profitability measures of cooperative banks from two developed regions: the European Union and the United States of America together with Canada. We created balanced dataset of more than 200 cooperative banks covering 2011-2016 period. We made series of tests and run Random Effects estimation on panel data. We found that American and Canadian cooperatives are more profitable in terms of return on assets (ROA) and return on equity (ROE). There is no significant difference in net interest margin (NIM). Our results show that the North American cooperative banks accommodated better to the current market environment. |
