Risk Preference Changes in the Kuwait Banking System’s Effect on Profitability

Authors

  • Joseph Trendowski Valparaiso University
  • Elzotbek Rustambekov Bryant University
  • Jassem Al Shamaa Burgan Bank
  • Abdullah Alonazi Valparaiso University

DOI:

https://doi.org/10.33423/jabe.v20i9.225

Keywords:

Business, Economics, Finance, Strategic Management, Risk Management

Abstract

As the institutional structure of the Kuwaiti banking market shifts, institutions are adopting a more
westernized 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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Published

2018-12-30

How to Cite

Trendowski, J., Rustambekov, E., Shamaa, J. A., & Alonazi, A. (2018). Risk Preference Changes in the Kuwait Banking System’s Effect on Profitability. Journal of Applied Business and Economics, 20(9). https://doi.org/10.33423/jabe.v20i9.225

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Section

Articles