Zekeriya Gül

Derivatives use, bank risk and profitability: Panel evidence from Turkish commercial banks (2011-2024)

This study examines the relationship between financial derivatives use, bank risk, and profitability by employing random-effects and cluster-robust random-effects models on panel data for 11 commercial banks operating in Türkiye over the 2011–2024 period. The findings from the bank risk model indicate that derivatives...