| Liquidity creation and bank risk-taking: Capital conflict and consistent banks | |
|---|---|
| 學年 | 107 |
| 學期 | 2 |
| 發表日期 | 2019-05-24 |
| 作品名稱 | Liquidity creation and bank risk-taking: Capital conflict and consistent banks |
| 作品名稱（其他語言） | |
| 著者 | Chung-Hua Shen; Meng-Wen Wu; Kuo-Jui Huang |
| 作品所屬單位 | |
| 出版者 | |
| 會議名稱 | 2019臺灣財務金融學會年會暨國際研討會 |
| 會議地點 | 台北市，台灣 |
| 摘要 | This study compares liquidity creation (LC) between risk-taking and non-risk-taking banks in 45 countries from 2004 to 2016. We propose that risk-taking banks create more LC than non-risk-taking banks. Also, risk-taking banks have stronger negative relation between LC and capital than non-risk-taking banks. Our risk-taking bank is the bank with high regulatory capital adequacy ratio (CAR) and low leverage ratio (LR), which is referred to as the capital con flict bank. By contrast, our non-risk-taking bank is the bank with high CAR and high LR, which is referred to as capital consistent bank. To control country heteroscedasticity, we consider various control variables in country level. Our results support our propositions. Also, we conduct a battery of robust testing and our results remain the same. |
| 關鍵字 | Risk-taking;Liquidity creation;Capital adequacy ratio;Leverage ratio |
| 語言 | en_US |
| 收錄於 | |
| 會議性質 | 國內 |
| 校內研討會地點 | 無 |
| 研討會時間 | 20190524~20190525 |
| 通訊作者 | Meng-Wen Wu |
| 國別 | TWN |
| 公開徵稿 | |
| 出版型式 | |
| 出處 | |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/123688 ) |
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