The Impact of Basel III Adoption by G20 Members on Their Credit Ratings

Eurasian Journal of Economics and Finance, 6(1), 2018, 47-55

9 Pages Posted: 17 Jul 2020

See all articles by Mohammed Kalloub

Mohammed Kalloub

Ankara Yildirim Beyazit University

Ayhan Kapusuzoglu

Ankara Yildirim Beyazit University

Nildag CEYLAN

Ankara Yildirim Beyazit University

Date Written: June 01, 2018

Abstract

This study aims to analyze the effect of Basel III standards adoption made by 27 countries included in Basel III adoption reports (including G20 group members) on their credit rating. In addition, the study tests the impact of some macroeconomic variables on sovereign credit rating. The data are obtained from BCBS semi-annual adoption reports, along with other macroeconomic indicators published by IMF and World Bank; however, the basic indicator for credit rating is Standard &Poor’s credit rating. The period under the study is between 2011 and 2016. The results of the analysis show that there is a strong statistical significant positive effect of Basel III standards on 27 countries’ credit rating.

Keywords: Basel III, Credit rating, Liquidity Coverage Ratio

JEL Classification: C22, G21, G24

Suggested Citation

Kalloub, Mohammed and Kapusuzoglu, Ayhan and CEYLAN, Nildag, The Impact of Basel III Adoption by G20 Members on Their Credit Ratings (June 01, 2018). Eurasian Journal of Economics and Finance, 6(1), 2018, 47-55, Available at SSRN: https://ssrn.com/abstract=3635637

Mohammed Kalloub (Contact Author)

Ankara Yildirim Beyazit University ( email )

Cicek St. No 1 Ulus
Sciences Yildirim Beyazit University
Ankara, 06500
Turkey

Ayhan Kapusuzoglu

Ankara Yildirim Beyazit University ( email )

Cicek St. No 1 Ulus
Sciences Yildirim Beyazit University
Ankara, 06500
Turkey

Nildag CEYLAN

Ankara Yildirim Beyazit University ( email )

Cicek St. No 1 Ulus
Sciences Yildirim Beyazit University
Ankara, 06500
Turkey

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