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
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Creator |
Trendowski, Joseph
Rustambekov, Elzotbek Shamaa, Jassem Al Alonazi, Abdullah |
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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.
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Publisher |
North American Business Press
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Date |
2018-12-30
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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Format |
application/pdf
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Identifier |
https://articlegateway.com/index.php/JABE/article/view/225
10.33423/jabe.v20i9.225 |
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Source |
Journal of Applied Business and Economics; Vol 20 No 9 (2018)
1499-691X 10.33423/jabe.v20i9 |
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Language |
eng
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Relation |
https://articlegateway.com/index.php/JABE/article/view/225/195
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Rights |
Copyright (c) 2018 Journal of Applied Business and Economics
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