TY - BOOK ID - 137310253 TI - Bank capital structure and procyclicality of leverage PY - 2018 SN - 3631753047 3631753039 PB - Berlin : Peter Lang, DB - UniCat KW - Bank capital KW - Bank assets KW - Business cycles UR - https://www.unicat.be/uniCat?func=search&query=sysid:137310253 AB - This book investigates the determinants of bank capital structure and procyclical behavior of leverage. A panel data analysis is developed to find out the relation between different types of leverage ratios and asset growth of banks. Furthermore, possible impacts of bank specific and macroeconomic variables on the bank capital structure are discussed. The book concludes that the leverage of Turkish banks is procyclical, which is the outcome of a positive relation between asset growth and leverage. The procyclical leverage could contribute to higher instability in the financial sector and the overall economy. Therefore, further regulations are assumed to be necessary. Size, profit, number of banks, inflation, exchange rate, and gross domestic product are the factors that affect Turkish banks' capital structure. ER -