[Home ] [Archive]   [ فارسی ]  
:: year 12, Issue 39 (5-2019) ::
JMBR 2019, 12(39): 104-75 Back to browse issues page
Collateral as Signal Variable in a Business Partnership Contract: A Case Study of Refah Kargaran Bank
Mansour Ranjbar
Abstract:   (1012 Views)

There is no convergence in the results of the credit relationship between the financial contracting parties (banks and customers) due to the different importance of the contract variables. Therefore, while examining the impact of the empirical relationship between the variables commercial profit-loss sharing contracts, the dual role of the collateral variable (screening and motivation) is investigated. The statistical population of Bank Rafah Kargaran contracts and the statistical sample of data items during period 1383-1393 were used for estimation by purposeful sampling method of multiple logit template. Hypothesis: Low-risk facilitators opted for more liquidity collateral, confirming the existence of an adverse selection phenomenon. Accordingly, individuals are willing to provide the bank with the quality and degree of risk to the bank through the type of collateral (deposit, property, combination, and contract) and the other hypothesis; To help with the collateral, this effect was accepted only for the profit rate variable. However, the model was not validated for the significant underlying variables. Therefore, coordination in the interactive relationships between financial contract variables to mitigate the consequences of asymmetric information in banks' credit policy to improve contract profitability is inevitable.

Full-Text [PDF 1197 kb]   (317 Downloads)    
Type of Study: Empirical Study | Subject: Financial Institutions and Services (G2)
Received: 2018/06/22 | Accepted: 2019/09/14 | Published: 2019/10/22
Send email to the article author

Add your comments about this article
Your username or Email:


XML   Persian Abstract   Print

Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
year 12, Issue 39 (5-2019) Back to browse issues page
فصلنامه پژوهش‌های پولی-بانکی Journal of Monetary & Banking Research
Persian site map - English site map - Created in 0.03 seconds with 29 queries by YEKTAWEB 4341