文章基本信息

标题：The Impact of Banks’ Characteristics on Profit Distribution Management of Islamic Banks
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作者：Vega Wafaretta ; Vega Wafaretta ; Rosidi 等
期刊名称：Procedia - Social and Behavioral Sciences
印刷版ISSN：1877-0428
出版年度：2016
卷号：219
页码：769-776
DOI：10.1016/j.sbspro.2016.05.066
语种：English
出版社：Elsevier
摘要：AbstractIn practice, Islamic banks manage profit sharing to manage risks by following interest rate, namely Profit Distribution Management (PDM). Results indicate that management considers banks’ financial characteristics in doing PDM and reserves push PDM more. Market share and third-party funds confirm the prospect theory. Low market share and high third-party funds suggest high uncertainty of returns, so bank takes risk by drawing reserves partially for competitive return although income is low. Effectiveness of third-party funds and banks’ age do not confirm the theory. Assets’ compositions don’t support or restrict PDM. This study implies the need of tighter regulation of reserves.
关键词：Banks’ Characteristics;Islamic Banks;Profit Distribution Management;Profit Sharing;Prospect Theory