English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 55242/89549 (62%)
造訪人次 : 10735006      線上人數 : 38
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/987654321/67404

    題名: A Two-Stage Call-Put-Pricing Frameworkfor a "Bad Bank" Solution and Bank Profitability
    作者: Jou, Rosemary;Lin, Jyh-Horng
    貢獻者: 淡江大學國際貿易學系
    關鍵詞: Bank Interest Margin;Troubled Loans;Capitalization;Call Option;Put Option
    日期: 2010-01-01
    上傳時間: 2011-10-22 23:49:35 (UTC+8)
    摘要: With the growth in banking bailout programs has come a growing need to understand the potential effectiveness of these policies. In particular, a "bad bank" created by regulatory authorities uses funds to buy troubled loans from its selected banks and commits additional capital to them. This paper develops a two-stage call-put pricing framework that is used to study the selected bank's interest margin determination with the bad bank's help. We find that the selected bank's call option-based interest margin is positively related to its troubled loans bought by the bad bank, and to its equity capital inflow from the bad bank. We also show that the call-put option-based value of the bad bank's equity return increases with the selected bank's equity volatility.
    關聯: International Journal of Information and Management Sciences 21(2), pp.143-156
    DOI: 10.6186/IJIMS.2010.21.2.3
    顯示於類別:[國際企業學系暨研究所] 期刊論文


    檔案 描述 大小格式瀏覽次數
    A Two-Stage Call-Put-Pricing Frameworkfor a Bad Bank Solution and Bank Profitability.pdf1466KbAdobe PDF0檢視/開啟



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