Liquidity creation and bank risk-taking: Capital conflict and consistent banks

淡江大學機構典藏 > 商管學院 > 財務金融學系暨研究所 > 會議論文 > Item 987654321/123688

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题名:	Liquidity creation and bank risk-taking: Capital conflict and consistent banks
作者:	Shen, Chung-Hua;Wu, Meng-Wen;Huang, Kuo-Jui
关键词:	Risk-taking;Liquidity creation;Capital adequacy ratio;Leverage ratio
日期:	2019-05-24
上传时间:	2023-04-28 19:06:19 (UTC+8)
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 conflict 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.
显示于类别:	[財務金融學系暨研究所] 會議論文

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