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

標題:The Effect of the Political Connections of Government Bank CEOs on Bank Performance during the Financial Crisis
學年106
學期2
出版(發表)日期2018/06/15
作品名稱The Effect of the Political Connections of Government Bank CEOs on Bank Performance during the Financial Crisis
作品名稱(其他語言)
著者Chen, Hung-Kun; Liao, Yin-Chi; Lin, Chih-Yung; Yen, Ju-Fang
單位
出版者
著錄名稱、卷期、頁數Journal of Financial Stability 36, p.130-143
摘要This study investigates how the political connections of government bank CEOs affected their banks’ performance during the 2007-2009 financial crisis. Examination of global data shows that government banks with politically connected CEOs experienced significantly higher loan default rates and worse operating performance during the crisis than those without politically connected CEOs. However, these politically connected CEOs were less likely than others to be penalized for the poor performance of their banks. Our evidence suggests that politically connected CEOs of government banks can influence a bank’s lending decisions by using their political power and influence to relax lending standards and to reap private benefits that thus raise their banks’ sensitivity to a crisis.
關鍵字Political connections;Government banks;Financial crisis; Institutional ownership;Country corruption and governance
語言英文
ISSN1572-3089
期刊性質國外
收錄於SSCI;
產學合作
通訊作者Lin, Chih-Yung
審稿制度
國別荷蘭
公開徵稿
出版型式,電子版,紙本
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