English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 56842/90542 (63%)
造訪人次 : 12284399      線上人數 : 43
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧:
  • 您可在西文檢索詞彙前後加上"雙引號",以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋,建議至進階搜尋限定作者欄位,可獲得較完整資料
  • 進階搜尋
    請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/106282

    題名: Effects of government capital injection on bank and bank-dependent borrower
    作者: Chen, Shi;Lin, Ku-Jun
    關鍵詞: Government capital injection;Default risk;Barrier option
    日期: 2016-01-01
    上傳時間: 2016-04-22 13:44:27 (UTC+8)
    摘要: We examine the impacts on bank interest margin, bank default risk, and bank-dependent borrower default risk from changes in the bailout program of government capital injections. This paper focuses on the capped credit risk, the risk of default related to borrower health states. We show that government capital injection helps to reduce default risk for the bank, but indirectly increases the default risk for the borrowing firm. Government capital injection is more likely to produce greater safety for the bank when the borrowing firm is in a distressed situation (e.g., a high-risk and low-return one). The capital effect on bank safety is underestimated when the capped credit
    risk is ignored. We conclude that a government capital injection program stabilizes the bank, but deteriorates the borrowing firm.
    關聯: Economic Modeling 52 Part B, pp.618-629
    DOI: 10.1016/j.econmod.2015.10.006
    顯示於類別:[會計學系暨研究所] 期刊論文


    檔案 描述 大小格式瀏覽次數
    Effects of government capital injection on bank and bank-deposit borrower.pdf339KbAdobe PDF1檢視/開啟



    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回饋