期刊論文
| 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 | en |
| ISSN | 1572-3089 |
| 期刊性質 | 國外 |
| 收錄於 | SSCI Scopus NotTSSCI |
| 產學合作 | |
| 通訊作者 | Lin, Chih-Yung |
| 審稿制度 | 是 |
| 國別 | NLD |
| 公開徵稿 | |
| 出版型式 | ,電子版,紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/113066 ) |