The Dark Side of Political Connection: Exchange Easy loans for the Political Career of Bank CEOs
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 )