教師資料查詢 | 類別: 會議論文 | 教師: 陳鴻崑 Hung-Kun Chen (瀏覽個人網頁)

標題: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
語言英文(美國)
收錄於
會議性質國際
校內研討會地點
研討會時間20171011~20171014
通訊作者
國別美國
公開徵稿
出版型式
出處2017 Financial Management Association Annual Meeting
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