教師資料查詢 | 類別: 期刊論文 | 教師: 黃振豊 HUANG, CHENG-LI (瀏覽個人網頁)

標題:The Impact of Information Asymmetry and Client Credit on Lending Performance - Taiwan’s Evidence
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
語言英文(美國)
ISSN1946-052X
期刊性質國外
收錄於
產學合作
通訊作者Kuo, Bih-Yun
審稿制度
國別美國
公開徵稿
出版型式紙本
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