better lending decisions. ETPLs also offer the potential to better align the interests of banks stakeholders, leverage bank …

options presented to savers and the funding options available to Chinese banks. They highlight the markets intrinsic … deficiencies, vast externalities and tremendous potentials for moral hazard, that arise as banks push depositor funds into poorly …

, including the establishment of the State Council Financial Stability and Development Committee in November 2017 and the … organizational adjustment of the State Council in March 2018, as a result of which the previous 'one bank, three commissions' changes …

. Incentive of commercial banks to lower transaction costs is also very important. Although shifting business off balance sheet …

commercial banks and adopt Arellano and Bond's (1991) generalized method of moments approach to conduct our empirical analysis … which is associated with bank balance sheet characteristics, such as asset size and liquidity strength. In other words, we …

efficiency and cost growth rates for these banks. The results show that the average scale of these banks is larger than optimal … scale. It means that the increase of banks' scale has positive relationship to cost efficiency and allocation efficiency … generalized method of moment dynamic panel model results indicate that the cost growth rate of Taiwanese banks exhibits …

of TTT on the liquidity of the constituent stocks. The empirical result coincides with the expectation of arbitrage … hypothesis that the liquidity of the constituents is increased after the introduction of TTT. Although both changing patterns … among categories of size and sector are not significantly different, most of the liquidity measures of smaller companies …