Impacts of Productive and Non-Productive Assets on Risk Indicators and Performance of Banks Listed on Tehran ‎Stock Exchange

The purpose of this study was to investigate the effects of 4 classes of banking receivables, including the current class and the 3 classes of arrear, overdue, delinquent, and suspicious, separately on the risk and performance of the banks listed on Tehran Stock Exchange. The statistical population of this research included 11 banks listed on Tehran Stock Exchange for the period of 2011-2020. To test the research hypotheses, the unbalanced data and multivariate regression model were used. To measure the productive and non-productive assets, bank receivables of the category of current facility and its receivables of the past due and delinquent and doubtful facilities were utilized, respectively. The effect of the current class on risks was contrary to the expectations and its impacts on the performance of the banks were confirmed according to the theory and expectations. However, in the classes of expired and deferred costs, the effect was not corroborated and the impact of the class of doubtful incomes on performance was not in the expected direction.