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Investigating the Impact of Factors Affecting the Maturity Structure of Banks' Debt Based on Beta Regression Model
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Miaad Valipour Pashakolaei   , Einollah Deiri * , Ezzatollah Baloei Jamkhaneh |
| Islamic Azad University, Qaemshahr Branch |
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Abstract: (6 Views) |
The purpose of this study is to investigate the impact of factors affecting the maturity structure of banks' debt based on the beta regression model, which is carried out using generalized linear models in R software. This study was carried out in a descriptive-causal method and is an applied type of research. The statistical population of the research consists of all the banks admitted to the Tehran Stock Exchange during the years 2018 to 2022, of which 10 banks were active in the stock market during the entire research period and were studied. The research data was extracted from the financial statements of banks and analyzed using beta regression models considering the combined data. In this study, after introducing the model, we estimate its parameters. Then the asymptotic distribution of the estimators is obtained and the application of the model is shown. The findings showed that the variables of growth opportunities and liquidity had an inverse and significant effect on the debt maturity structure of banks, and the variables of stock price and bank size had a positive and significant effect. Also, the variables of profit fluctuations and systematic risk did not have a significant effect.
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| Keywords: Beta Regression, Growth and Liquidity, Debt Maturity, Linear Models |
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Full-Text [PDF 760 kb]
(7 Downloads)
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Type of Study: Research |
Subject:
Special
Received: 2023/12/24 | Accepted: 2025/12/7 | Published: 2025/09/1
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