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:Cross-Border Lending, Government Capital Injection, and Bank Performance
學年107
學期2
出版(發表)日期2019/04/09
作品名稱Cross-Border Lending, Government Capital Injection, and Bank Performance
作品名稱(其他語言)
著者Jyh-Horng Lin; Pei-Chi Lii; Fu-Wei Huang; Shi Chen
單位
出版者
著錄名稱、卷期、頁數International Journal of Financial Studies 7(2), 21
摘要In this paper, we develop a contingent claim model to examine the optimal bank interest
margin, i.e., the spread between the domestic loan rate and the deposit market rate of an international
bank in distress. The framework is used to evaluate the cross-border lending eciency for a bank that
participates in a government capital injection program, a government intervention used in response
to the 2008 financial crisis. This paper suggests that government capital injection is an appropriate
way to recapitalize the distressed bank, enhancing the bank interest margin and survival probability.
Nevertheless, the government capital injection lacks eciency when the bank’s cross-border lending
is high. Stringent capital regulation, suggested to prevent future crises by literature, leads to superior
lending eciency when the government capital injection is low.
關鍵字cross-border lending; bank interest margin; government capital injection; barrier option
語言英文
ISSN
期刊性質國外
收錄於ESCI;
產學合作
通訊作者
審稿制度
國別英國
公開徵稿
出版型式,電子版
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