English  |  正體中文  |  简体中文  |  全文笔数/总笔数 : 54907/89265 (62%)
造访人次 : 10599252      在线人数 : 22
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜寻范围 查询小技巧:
  • 您可在西文检索词汇前后加上"双引号",以获取较精准的检索结果
  • 若欲以作者姓名搜寻,建议至进阶搜寻限定作者字段,可获得较完整数据
  • 进阶搜寻


    jsp.display-item.identifier=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/987654321/116072


    题名: How does soft information about small business lending affect bank efficiency under capital regulation?
    作者: Jyh-Horng Lin;Shi Chen;Jeng-Yan Tsai
    关键词: capital regulation;efficiency gain;capped call
    日期: 2019-03-07
    上传时间: 2019-03-30 12:10:53 (UTC+8)
    出版者: AIMS
    摘要: In this paper, we develop a capped call option model to evaluate the equity of a bank under capital regulation. A capped type of credit risk from the performance of relationship borrowing firms is explicitly considered, captured by a mechanism through borrower soft information that the bank produces and accumulates. We study the impact of soft information for small business lending on the optimal bank interest margin, i.e., the spread between the loan rate and the deposit rate of a bank. Our findings show that favorable soft information increases small business lending at a reduced loan rate (and thus at a reduced margin), and further lowers bank equity risk and enhances efficiency gains from soft information acquisition when borrower dependent on bank financing is heavy. Moreover, we account for the capital regulatory environment stringent to small business lending that increases bank equity risk and decreases soft information efficiency gain. Our results have important bank interest margin implications in terms of achieving efficiency gain and lower risk exposure, which might conflict with capital regulation aiming to promote financial stability.
    關聯: Quantitative Finance and Economics 3(1), p.53-74
    DOI: 10.3934/QFE.2019.1.53
    显示于类别:[國際企業學系暨研究所] 期刊論文

    文件中的档案:

    档案 描述 大小格式浏览次数
    How does soft information about small business lending affect bank efficiency under capital regulation.pdf771KbAdobe PDF0检视/开启
    index.html0KbHTML37检视/开启

    在機構典藏中所有的数据项都受到原著作权保护.

    TAIR相关文章

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