English  |  正體中文  |  简体中文  |  全文笔数/总笔数 : 59160/92571 (64%)
造访人次 : 739537      在线人数 : 40
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/987654321/80739


    题名: Bank Interest Margin and Default Risk under the Capped Schedule for Government Capital Injections in the Basel III Capital Adequacy Accord
    作者: Chang, Chuen-Ping;Tsai, Jeng-Yan
    贡献者: 淡江大學國際企業學系
    关键词: Basel III;Government capital injection;Bank interest margin;Failure probability
    日期: 2013-01
    上传时间: 2013-03-03 23:29:52 (UTC+8)
    出版者: Athens: International Scientific Press
    摘要: The Basel III Capital Adequacy Accord (BCAA) will cap government capital injections as qualifying capital at 90% of the nominal amount of such capital outstanding, beginning in 2013, and the cap will decline by 10% during each subsequent year (Eubanks, 2010); this cap is called a capped ratio schedule of government capital instruments. We add to the literature on government capital injections by providing an option-based illustration of how the capped ratio schedule can influence bank interest margins and failure probability. We show that a declining capped ratio increases a bank’s volume of lending at a reduced margin and further increases its default risk. The capped ratio schedule as such makes the bank less prudent and more prone to risk-taking, thereby adversely affecting the stability of the banking system. Our findings provide alternative explanations for criticisms of BCAA.
    關聯: Journal of Applied Finance & Banking 3(1), pp.161-175
    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
    Bank Interest Margin and Default Risk under the Capped Schedule for Government Capital Injections in the Basel III Capital Adequacy Accord.pdf286KbAdobe PDF0检视/开启
    index.html0KbHTML45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