English  |  正體中文  |  简体中文  |  Items with full text/Total items : 58335/91896 (63%)
Visitors : 22761      Online Users : 133
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/106282

    Title: Effects of government capital injection on bank and bank-dependent borrower
    Authors: Chen, Shi;Lin, Ku-Jun
    Keywords: Government capital injection;Default risk;Barrier option
    Date: 2016-01-01
    Issue Date: 2016-04-22 13:44:27 (UTC+8)
    Abstract: 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.
    Relation: Economic Modeling 52 Part B, pp.618-629
    DOI: 10.1016/j.econmod.2015.10.006
    Appears in Collections:[Graduate Institute & Department of Accounting] Journal Article

    Files in This Item:

    File Description SizeFormat
    Effects of government capital injection on bank and bank-deposit borrower.pdf339KbAdobe PDF1View/Open

    All items in 機構典藏 are protected by copyright, with all rights reserved.

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