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題名 Does Financial Regulation Affect the Profit Efficiency and Risk of Banks? Evidence from China`s Commercial Banks
作者 李桐豪
Lee,Tung-Hao ; Chih,Shu-Hwa
Lee,Tung-Hao;Chih,Shu-Hwa
貢獻者 金融系
關鍵詞 Financial regulation; Profit efficiency; Z-score; Large and small banks
日期 2013.05
上傳時間 19-十二月-2013 11:55:35 (UTC+8)
摘要 The goal of financial regulation is to enable banks to improve liquidity and solvency. Stricter regulation may be good for bank stability, but not for bank efficiency. This research aims to examine whether banks have met the CBRC`s standard of financial regulations and explores how the previously implemented financial regulations have affected bank efficiency and risk in the past. In addition, we also explored the trade-off relationship between efficiency and risk. Unlike other studies, this study used bank assets as a classification standard from the financial risk and differential regulatory perspective.The empirical results indicate that the CBRC regulates the provision coverage ratio and cost-to-income ratio, which seems relevant to large banks and the loan-to-deposit ratio, capital adequacy ratio, and leverage ratio, which seems relevant to small banks. The CBRC regulates the current ratio to reduce the risks of banks. Based on our empirical results, the current ratio did not affect the risks and led to different efficiency results between large and small banks. In an environment with asymmetric information, a bank decision-making is unobservable. The characteristics of financial regulation provide market clues if a bank is operating at the most efficiency and risk condition.
關聯 North American Journal of Economics and Finance, 26, 705-724
資料類型 article
DOI http://dx.doi.org/10.1016/j.najef.2013.05.005
dc.contributor 金融系en_US
dc.creator (作者) 李桐豪zh_TW
dc.creator (作者) Lee,Tung-Hao ; Chih,Shu-Hwaen_US
dc.creator (作者) Lee,Tung-Hao;Chih,Shu-Hwa-
dc.date (日期) 2013.05en_US
dc.date.accessioned 19-十二月-2013 11:55:35 (UTC+8)-
dc.date.available 19-十二月-2013 11:55:35 (UTC+8)-
dc.date.issued (上傳時間) 19-十二月-2013 11:55:35 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/62712-
dc.description.abstract (摘要) The goal of financial regulation is to enable banks to improve liquidity and solvency. Stricter regulation may be good for bank stability, but not for bank efficiency. This research aims to examine whether banks have met the CBRC`s standard of financial regulations and explores how the previously implemented financial regulations have affected bank efficiency and risk in the past. In addition, we also explored the trade-off relationship between efficiency and risk. Unlike other studies, this study used bank assets as a classification standard from the financial risk and differential regulatory perspective.The empirical results indicate that the CBRC regulates the provision coverage ratio and cost-to-income ratio, which seems relevant to large banks and the loan-to-deposit ratio, capital adequacy ratio, and leverage ratio, which seems relevant to small banks. The CBRC regulates the current ratio to reduce the risks of banks. Based on our empirical results, the current ratio did not affect the risks and led to different efficiency results between large and small banks. In an environment with asymmetric information, a bank decision-making is unobservable. The characteristics of financial regulation provide market clues if a bank is operating at the most efficiency and risk condition.en_US
dc.format.extent 734861 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) North American Journal of Economics and Finance, 26, 705-724en_US
dc.subject (關鍵詞) Financial regulation; Profit efficiency; Z-score; Large and small banksen_US
dc.title (題名) Does Financial Regulation Affect the Profit Efficiency and Risk of Banks? Evidence from China`s Commercial Banksen_US
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1016/j.najef.2013.05.005en_US
dc.doi.uri (DOI) http://dx.doi.org/10.1016/j.najef.2013.05.005en_US