教師資料查詢 | 類別: 期刊論文 | 教師: 林志鴻 Jyh-horng Lin (瀏覽個人網頁)

標題:Accrual Effect on Optimal Bank Interest Margin and Default Risk in Equity Return
學年101
學期2
出版(發表)日期2013/07/01
作品名稱Accrual Effect on Optimal Bank Interest Margin and Default Risk in Equity Return
作品名稱(其他語言)
著者Lin, Jyh Horng; Hung, Wei Ming; Jou, Rosemary
單位淡江大學國際企業學系
出版者Kumamoto: ICIC International
著錄名稱、卷期、頁數ICIC Express Letters: An International Journal of Research and Surveys 7(7), pp.2093-2098
摘要Most studies in literature focus on using information contained in accounting accruals about earnings quality to predict equity returns. However, these have been little evidence using accounting accrual information with bank spread behavior to predict bank default risk in equity returns. To fill this gap, this paper proposes a Merton-Type banking firm model to determine the optimal bank interest margin, explicitly incorporating information about accounting accruals in the return to retail banking environment. We show that an increase in the optimal bank interest margin accompanied by higher accruals suggests lower default risk in equity returns.
關鍵字Accounting accrual; Bank interest margin; Equity quality; Default risk
語言英文(美國)
ISSN1881-803X
期刊性質國外
收錄於EI
產學合作
通訊作者
審稿制度
國別日本
公開徵稿
出版型式電子版
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