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Risk Preference Changes in the Kuwait Banking System’s Effect on Profitability

Journal of Applied Business and Economics

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Title Risk Preference Changes in the Kuwait Banking System’s Effect on Profitability
 
Creator Trendowski, Joseph
Rustambekov, Elzotbek
Shamaa, Jassem Al
Alonazi, Abdullah
 
Description As the institutional structure of the Kuwaiti banking market shifts, institutions are adopting a morewesternized approach. Traditionally, the banking system followed closely with Sharia Law, similar to countries like Saudi Arabia. Recently, Kuwait has implemented legal changes that have allowed banks the ability to increase risk taking. Additionally, outside investment is being encouraged, resulting in Kuwait now being considered an emerging market. This paper examines the impact on Kuwaiti bank profitability resulting from increased risk taking.
 
Publisher North American Business Press
 
Date 2018-12-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://articlegateway.com/index.php/JABE/article/view/225
10.33423/jabe.v20i9.225
 
Source Journal of Applied Business and Economics; Vol 20 No 9 (2018)
1499-691X
10.33423/jabe.v20i9
 
Language eng
 
Relation https://articlegateway.com/index.php/JABE/article/view/225/195
 
Rights Copyright (c) 2018 Journal of Applied Business and Economics