Authors : Mohammad Javad Iravani, Saeid Falahpour and Mohammad Eisakhani
Abstract: This study deals with the analysis of the relationship between the economic and financial variables and the supervision structure in 97 countries in 2004-2013. In order to study the changings in the countrie’s financial supervision structure Panel ordered Probit Pooled and Panel binary choice analysis are applied. The results of this study and the comparison to the former studies show: group variables such as financial depth, financial return and financial stability don't have an identical group relationship with the supervision structure. Good governance has a direct and positive relationship with the rate of the supervision and concentration in the supervision structure of the countries. Therefore, the increase in the good governance causes increase in concentration of the financial supervision structure. The positive relationship between the good governance and financial supervision structure is the common item of these studies.
Mohammad Javad Iravani, Saeid Falahpour and Mohammad Eisakhani, 2016. The Analysis of the Relationship Between Economic and Financial Variables and Financial Supervision Structure. International Business Management, 10: 6529-6535.