Bank share prices and profitability

Daniel Daugaard, Tom Valentine

Research output: Working paper

Abstract

This paper considers the influence of economic conditions and financial markets on Australian bank share prices and profitability. It uses time series analysis to obtain an indication of the effectiveness of banks in managing their exposure to interest rates and exchange rates. The results give rise to some comments on the extent to which banks actively manage their exposure to financial and economic variables. The discussion of risk management activities necessarily raises the question of how recent regulatory initiatives will affect bank behaviour in these areas.
Original languageEnglish
Place of PublicationSydney
PublisherUniversity of Technology, Sydney
Pages1-24
Number of pages24
Publication statusPublished - Aug 1993
Externally publishedYes

Publication series

NameUTS: Business: working paper series
PublisherUniversity of Technology, Sydney
No.31
ISSN (Print)1036-7373

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  • Cite this

    Daugaard, D., & Valentine, T. (1993). Bank share prices and profitability. (pp. 1-24). (UTS: Business: working paper series; No. 31). Sydney: University of Technology, Sydney.