%0 Journal Article
%A Kritikou, Panagiota Kritikou
%A Boufounou, Paraskevi Boufounou
%A Toudas, Kanellos Toudas
%D 2021
%J Journal of Business Accounting and Finance Perspectives

%@ 2603-7475

%V 3
%N 1
%P 8

%T Combining Economic and Cultural Perspectives on NPL Analysis: A Case Study
%M doi:10.35995/jbafp3010008
%U https://jbafp.archive.jams.pub/article/3/1/148
%X This paper attempts to empirically investigate and interpret the NPLs of EU countries based on a combination of economic and socio-cultural characteristics, as depicted by Hofstede’s “6 Cultural Dimensions”. Estimates are made for the period 2000–2019 for eight EU countries, four of which are in Southern Europe (Greece, Italy, Spain, Portugal) and four are in Central Europe (Germany, France, the Netherlands and Belgium). Special emphasis is placed on Greece, due to the importance of NPLs in this country. The findings are in accordance with those of previous relevant research, and the combination of economic and cultural characteristics provided a more in-depth NPL analysis.