Akademik Veri Yönetim Sistemi
International Research Journal of Finance and Economics, cilt.1, sa.28, ss.207-214, 2009 (Scopus)
In this paper, determinants of return on assets (ROA) and return on equity (ROE) for banks in Turkey was explored in 2002-2007 period using monthly data and aggregate balance sheet of the banks, through multi-variable single-equation regression method. Regression results demonstrate that consumer price index inflation and first difference of ratio of off-balance sheet transactions to total assets affect profitability indicators negatively in a statistically significant manner, while first differences of industrial production index, the ratio of budget balance to industrial production index and the ratio of equity to total assets affect profitability indicators positively in a statistically significant way.