期刊論文
| 學年 | 102 |
|---|---|
| 學期 | 2 |
| 出版（發表）日期 | 2014-06-01 |
| 作品名稱 | The Impact of Information Asymmetry and Client Credit on Lending Performance - Taiwan’s Evidence |
| 作品名稱（其他語言） | |
| 著者 | Huang, Cheng-Li; Kuo, Bih-Yun |
| 單位 | 淡江大學會計學系 |
| 出版者 | Las Vegas: Macrothink Institute, Inc. |
| 著錄名稱、卷期、頁數 | Asian Journal of Finance & Accounting 6(1), pp.175-197 |
| 摘要 | Using panel data from Taiwan, this paper examines the impact of information asymmetry and client credit on lending performance. Banks without huge losses from bad debts and from credit card lending are categorized as high lending performance banks, whereas banks with heavy losses from bad debts and from credit card lending are categorized as low lending performance banks. Firms are also divided into micro and small businesses (MSBs) and medium and large businesses (MLBs). Logit regression is used to identify the determinants of lending performance, including the levels of information asymmetry and client credit records. The empirical results show that: (1) MLBs with good information transparency tend to establish relationships with banks that are characterized by huge losses from bad debts and from credit card lending. (2) Small foreign firms, as well as MLBs with high profitability, cash and R&D expenditure ratios prefer having relationships with banks with good lending performance and low credit risk. (3) MLBs and MSBs with poor credit records prefer having relationships with banks that have good lending performance and low credit risk. |
| 關鍵字 | |
| 語言 | en_US |
| ISSN | 1946-052X |
| 期刊性質 | 國外 |
| 收錄於 | |
| 產學合作 | |
| 通訊作者 | Kuo, Bih-Yun |
| 審稿制度 | 是 |
| 國別 | USA |
| 公開徵稿 | |
| 出版型式 | 紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/99456 ) |