Research Article
Commercial Bank Performance and Ownership Concentration: An Empirical Analysis of Commercial Banks from a Global Perspective
Table 4
Impact of ownership concentration on ROAA.
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Note. (1-1), (1-2), and (1–3) show the regression results of equation (1); (2-1), (2-2), and (2-3) show the regression results of equation (2); (3) show the regression results of equation (3). All the models are estimated with the bank- and year-fixed effects and the robust standard errors are clustered at the bank level. t-statistics are in parenthesis. , , and indicate the significance at the 10%, 5%, and 1% levels, respectively. |