| dc.contributor | 金融系 | |
| dc.creator (作者) | Wang, Chien-An;Shen, Chung-Hua | |
| dc.creator (作者) | 沈中華 | zh_TW |
| dc.date (日期) | 2007 | |
| dc.date.accessioned | 1-Oct-2015 18:36:17 (UTC+8) | - |
| dc.date.available | 1-Oct-2015 18:36:17 (UTC+8) | - |
| dc.date.issued (上傳時間) | 1-Oct-2015 18:36:17 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/78835 | - |
| dc.description.abstract (摘要) | This paper studies the roles of a bank in a conglomerate, roles which are best investigated during a bad period. We examine two hypotheses using Taiwan`s unique bank loan transaction data. Firstly, our extended liquidity constrained hypothesis which argues that during a bad period, investments of firms in a non-bank group are more severely constrained than they are during a normal period, cannot be rejected. The same argument, however, does not hold true for firms in a bank group. Secondly, our extended liquidity insurance hypothesis which argues that during a bad period, firms can obtain funds only when they are in a bank group with a financially related core business is also accepted. When they are in a bank group with a core business unrelated to finance, the hypothesis is not expected to hold. | |
| dc.format.extent | 28791481 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | Banks and Bank Systems, 2(3), 116-134 | |
| dc.subject (關鍵詞) | Bank;Conglomerates;Firm;Firms | |
| dc.title (題名) | The Liquidity Role of a Bank in Bank and Non-bank Conglomerates: Evidence from Taiwan | |
| dc.type (資料類型) | article | en |
