Cross-Border Lending, Government Capital Injection, and Bank Performance
學年 107
學期 2
出版（發表）日期 2019-04-09
作品名稱 Cross-Border Lending, Government Capital Injection, and Bank Performance
作品名稱（其他語言）
著者 Jyh-Horng Lin; Pei-Chi Lii; Fu-Wei Huang; Shi Chen
單位
出版者
著錄名稱、卷期、頁數 International Journal of Financial Studies 7(2), 21
摘要 In this paper, we develop a contingent claim model to examine the optimal bank interest margin, i.e., the spread between the domestic loan rate and the deposit market rate of an international bank in distress. The framework is used to evaluate the cross-border lending eciency for a bank that participates in a government capital injection program, a government intervention used in response to the 2008 financial crisis. This paper suggests that government capital injection is an appropriate way to recapitalize the distressed bank, enhancing the bank interest margin and survival probability. Nevertheless, the government capital injection lacks eciency when the bank’s cross-border lending is high. Stringent capital regulation, suggested to prevent future crises by literature, leads to superior lending eciency when the government capital injection is low.
關鍵字 cross-border lending;bank interest margin;government capital injection;barrier option
語言 en
ISSN
期刊性質 國外
收錄於 ESCI
產學合作
通訊作者
審稿制度 是
國別 GBR
公開徵稿
出版型式 ,電子版
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/117967 )