DISTRIBUTIONS OF FINANCIAL RATIOS IN THE COMMERCIAL BANKING INDUSTRY
作者:
James P. Bedingfield,
Philip M. J. Reckers,
A. J. Stagliano,
期刊:
Journal of Financial Research
(WILEY Available online 1985)
卷期:
Volume 8,
issue 1
页码: 77-81
ISSN:0270-2592
年代: 1985
DOI:10.1111/j.1475-6803.1985.tb00428.x
数据来源: WILEY
摘要:
AbstractMuch research in banking assumes that the data are normally distributed. There has been little empirical confirmation of this assumption. In this paper, the normality assumption is subjected to an extensive test using data for virtually all U.S. commercial banks for several years. The statistical characteristics of 11 common financial ratios are investigated. The findings reject any broad assumption of population normality.
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