Risk and performance of non-bank financial institutions
by Patience Asamoah Sakyi; Isaac Ofoeda; Anthony Kyereboah-Coleman; Joshua Yindenaba Abor
International Journal of Financial Services Management (IJFSM), Vol. 7, No. 1, 2014

Abstract: This study examines the risk levels of Non-Bank Financial Institutions (NBFIs) and their effect on performance. A panel data analysis of 42 NBFIs over the period of 2006-2010 is used for the study. The results show that NBFIs have been safe as far as bankruptcy is concerned, over the period under study. The risk index used as a measure of overall risk levels show a high mean risk level suggesting that the risk of insolvency of NBFIs in Ghana has been low. The results of the study also establish that lower risk levels lead to an increase in performance of NBFIs. It is further shown that the size of NBFIs has a positive relationship with performance. The results also show that further increases in size of NBFIs measured as the squared of size has a positive impact on performance.

Online publication date: Tue, 21-Oct-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Financial Services Management (IJFSM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com