會議論文
| 學年 | 106 |
|---|---|
| 學期 | 1 |
| 發表日期 | 2017-10-11 |
| 作品名稱 | The Dark Side of Political Connection: Exchange Easy loans for the Political Career of Bank CEOs |
| 作品名稱（其他語言） | |
| 著者 | Chen, Hung-Kun; Hasan, Iftekhar; Lin, Chih-Yung; Yen, Ju-Fang |
| 作品所屬單位 | |
| 出版者 | |
| 會議名稱 | 2017 Financial Management Association Annual Meeting |
| 會議地點 | Boston, U.S.A. |
| 摘要 | We study the effects of CEOs’ political connections on the operating performance of government banks during the global financial crisis. Using data for 41 countries from 2004 to 2009, we find that government banks with politically connected CEOs prior to the crisis demonstrate poorer operating performance during the crisis than those without politically connected CEOs. Our evidence suggests that a government bank’s decisions can be influenced by its politically connected CEOs’ use of their power and influence to relax lending standards and to reap private benefits that thus raise their banks’ sensitivity to a crisis. |
| 關鍵字 | Government banks;CEO political connections;financial crisis;institutional ownership;institutional factor |
| 語言 | en_US |
| 收錄於 | |
| 會議性質 | 國際 |
| 校內研討會地點 | 無 |
| 研討會時間 | 20171011~20171014 |
| 通訊作者 | |
| 國別 | USA |
| 公開徵稿 | |
| 出版型式 | |
| 出處 | 2017 Financial Management Association Annual Meeting |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/112694 ) |