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dominant 'big four' state-owned banks. This paper seeks to help predict the effects of this change by analysing the efficiency … efficiency. We present corroborating robustness checks and offer several credible mechanisms through which minority foreign … owners can increase Chinese bank efficiency. These findings suggest that minority foreign ownership of the big four is likely …
Persistent link: https://www.econbiz.de/10012148005
bank profitability. The results show that cost efficiency, profit efficiency and liquidity risk are significantly related …
Persistent link: https://www.econbiz.de/10012854454
credit risk, competition and cost efficiency in the Chinese banking industry under a three-stage least square estimator. The … of efficiency leads to lower credit risk. In addition, it is found that higher level of efficiency results in higher … efficiency and competition-efficiency hypothesis holds in the Chinese banking industry. The results provide policy implications …
Persistent link: https://www.econbiz.de/10012950807
This paper tests the interrelationships between risk, competition and efficiency in the Chinese banking industry over … Efficiency-adjusted Lerner index and stability inefficiency as the indicators of competition and insolvency risk and more … importantly, it is the first piece of research testing the interrelationships between different types of risk, efficiency and …
Persistent link: https://www.econbiz.de/10012950881
Global firms finance themselves through foreign subsidiaries, often shell companies in tax havens, which obscures their nationality in aggregate statistics. We associate the universe of traded securities with their issuer's ultimate parent and restate bilateral investment positions to better...
Persistent link: https://www.econbiz.de/10012843191
Global firms finance themselves through foreign subsidiaries, often shell companies in tax havens, which obscures their true economic location in official statistics. We associate the universe of traded securities issued by firms in tax havens with their issuer’s ultimate parent and restate...
Persistent link: https://www.econbiz.de/10014351933
China employs a unique foreign bank entry model. Instead of allowing full foreign control of domestic banks, foreign investors are only permitted to be involved in the local banks as minority shareholders. At the same time, foreign strategic investors are expected to commit to bank corporate...
Persistent link: https://www.econbiz.de/10012148663
Does state ownership breed risk-taking behavior in commercial banks? This paper examines this issue using a panel of Chinese banks. We find that state-ownership is in general associated with higher risks. In addition, we find that banks controlled by the central government have the highest...
Persistent link: https://www.econbiz.de/10013005596
China employs a unique foreign bank entry model. Instead of allowing full foreign control of domestic banks, foreign investors are only permitted to be involved in the local banks as minority shareholders. At the same time, foreign strategic investors are expected to commit to bank corporate...
Persistent link: https://www.econbiz.de/10013036936
In this paper, the authors revisit the nexus of financial development and FDI inflows in Chinese perspective, incorporating the vital role of institutional quality and other important variables in this paradigm. Using ARDL bound testing and VECM procedures, they establish causality by exploiting...
Persistent link: https://www.econbiz.de/10012120045