Büyükoğlu, BurakŞit, AhmetEkşi, İbrahim Halil2021-07-172021-07-172021Byükoğlu, B., Şit, A., & Ekşi, İ. H. (2021). Governance matters on non-performing loans: Evidence from emerging markets. PSL Quarterly Review, 74 (296), 75-912037-36352037-3643https://doi.org/10.13133/2037-3643/17486https://hdl.handle.net/20.500.12899/289In this study, new determinants of non-performing loans (NPL) for the MSCI emerging countries were investigated. For this purpose, a new index was formed using the World Bank’s Worldwide Governance Indicator data from 2002 to 2018. To test the effect of governance on NPL, we used the GMM technique. As a robustness test for GMM results, we employed the DOLSMG technique. According to the results, NPL was affected negatively by the DOI: governance index. This result could be of interest to policymakers and regulators as a macroprudential policy tool.eninfo:eu-repo/semantics/closedAccessNon-performing loansWorldwide Governance IndicatorsArticle10.13133/2037-3643/17486742967591Q3