期刊名称：Journal of Islamic Monetary Economics and Finance
印刷版ISSN：2460-6146
电子版ISSN：2460-6618
出版年度：2018
卷号：3
期号：2
页码：201-219
语种：English
出版社：Bank Indonesia
摘要：The present study,grounded in theory of financial intermediation,provides new empirical evidence on comparison of bank stability measures of Islamic banks,conventional banks and other bank models in Indonesia.Specifically,72 conventionalbanks,4 Islamic banks,3 conventional banks with Islamic subsidiaries and 2 subsidiaryIslamic banks in Indonesia are considered,focusing on the sample period of 1999-201 5.The study adopts 2z-score as a measure of bank stability,while a non-parametric multiplecomparison analysis was used to test the significance of the differences in the bank.stability of the dfferet bank models,namely Islamic banks,conventional banks,Subsidiary Islamic banks and conventional banks with Islamic subsidiaries.The sampleperiod is further divided into three sub -periods,namely,before the global financial crisis(1999- 2006),during the global financial crisis (2007-2009) and after the global financialcrisis (2010-2015) so as to gain more detail findings on the impact of the global financialcrisis on the banks' stabilit.The impact of local crisis periods (1999-2001) on bankstability of ifferent bank models is also investigated.Findings of this study contributetowards extending the theory of financial intermediation through empirical works ofstability of different banking models namely Islamic banks,conventional banks,Subsidiary banks and conventional banks with Islamic subsidiaries.
