Effects of Borrowers' Quality on the Size of Market Response to Bank Loan Announcements In China
In: Management Research Review, 35(5), 379-404.
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In: Management Research Review, 35(5), 379-404.
SSRN
In: Review of Pacific Basin Financial Markets and Policies, Band 14, Heft 4, S. 617-645
ISSN: 1793-6705
The Chinese government established the Act on Commercial Banks 1995 to enforce and regulate commercial banking activities. The government envisaged that the Act, together with other bank reforms, would improve credit risk management practice among commercial banks, hence, prompting the banks to reduce and ultimately stop local government directed policy lending to state-owned enterprises (SOEs). This paper examines the lending behavior of a government-controlled commercial bank before and after the passage of the Act. We find that the bank tightened control of the credit risk of borrowers after the passage of the Act. We also find that SOEs are charged a rate of interest higher than that charged to private firms.
In: The International trade journal, Band 32, Heft 3, S. 293-314
ISSN: 1521-0545
In: International journal of academic research in business and social sciences: IJ-ARBSS, Band 6, Heft 9
ISSN: 2222-6990
In: Journal of Corporate Finance, 32 (2015) 169-189
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In: CORFIN-D-24-00287
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In: Socio-economic planning sciences: the international journal of public sector decision-making, Band 92, S. 101801
ISSN: 0038-0121
The banking industry is an essential financial intermediary, thus the efficient operation of banks is vital for economic development and social welfare. However, the 2008 global financial crisis triggered a reconsideration of the banking systems, as well as the role of government intervention. The literature has paid little attention to the banking industry in the Asia-Pacific region in the context of bank efficiency. This study employs double bootstrap data envelopment analysis to measure bank efficiency and examine the relationship between regulation, supervision, and state ownership in commercial banks in the Asia-Pacific region for the period 2005 to 2014. Our results indicate that excluding off-balance sheet activities in efficiency estimations lead to underestimating of the pure technical efficiency, while overestimating the scale efficiency of banks in the Asia-Pacific region. Cross-country comparisons reveal that Australian banks exhibit the highest levels of technical efficiency, while Indonesian banks exhibit the lowest average. Our bootstrap regression results suggest that bank regulation and supervision are positively related to bank technical efficiency, while state ownership is not significantly related to bank efficiency. Furthermore, our findings show that tighter regulation and supervision are significantly related to higher efficiency for small and large-sized banks.
BASE
In: Investment Management and Financial Innovations, 10(1), 127-136.
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In: Emerging markets, finance and trade: EMFT, Band 55, Heft 8, S. 1776-1802
ISSN: 1558-0938
In: International journal of Asian social science, Band 7, Heft 10, S. 710-838
ISSN: 2224-4441
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Working paper
In: Accounting & Finance, Band 54, Heft 1, S. 165-188
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In: Chinese journal of population, resources and environment, Band 11, Heft 3, S. 261-267
ISSN: 2325-4262
In: FRL-D-23-00952
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