| 摘要(英) |
This study utilizes data from 13 Taiwanese banks, collected from the first quarter of 2016 to the fourth quarter of 2023 by the Taiwan Economy Journal, to examine the relationship between bank capital structure, operational decisions, equity, corporate governance indicators, and bankruptcy risk. The Z-Score, loan-to-asset ratio, and non-performing loan ratio are employed as dependent variables to measure bank risk.
For the independent variables, capital structure is represented by capital scale, capital adequacy ratio, Tier 1 capital ratio, and loan loss reserve coverage ratio. Operational decisions are measured by the loan-to-deposit ratio, SME loan ratio, and the proportion of interest income. Equity and corporate governance are represented by a dummy variable for government ownership, management turnover, and board gender diversity index.
An OLS regression model is used to estimate the impact of these variables on bank risk. Additionally, interaction terms between the independent variables and a COVID dummy variable are included to analyze the effects during the pandemic.
Empirical results indicate that the capital structure emphasized by the Basel III Accord significantly impacts bank risk during the pandemic. Improving capital structure can reduce bankruptcy risk, and, with stringent auditing mechanisms, increased lending does not necessarily elevate bank risk. Government-owned banks exhibit lower bankruptcy risk compared to other banks. However, the increasingly emphasized board gender diversity in international discourse does not show a significant effect in the Taiwanese banking sector. |
| 參考文獻 |
中文文獻
林昆立、黃玉麗與陳思穎 (2015)，「銀行股權與市場紀律的關係：全球實證」，管理學報第三十三卷第三期，383-417。
胡沛詮 (2020)，「銀行資本在流動性創造與風險中的調節效果–以台灣銀行業為例」，東吳大學企業管理學系，碩士論文。
黃國睿 (2022)，「銀行資本與流動性創造之交互關係——資本適足性是否重要？」，國立台灣大學財務金融研究所，博士論文。
黃亭維 (2021)，「銀行董事會多元化，業務多樣性與經營績效」，亞洲大學財務金融系，碩士論文。
劉芷因 (2023)，「董事會性別平衡對經營績效影響」，國立中央大學產業經濟研究所在職專班，碩士論文。
劉景中 (2009)，「銀行集中度與臺灣銀行業風險之關聯性研究：以證券市場資料評估」，商管科技季刊第十卷第三期，527-552。
英文文獻
Ali, L. and S. Dhiman (2019), “The Impact of Credit Risk Management on Profitability of Public Sector Commercial Banks in India,” Journal of Commerce & Accounting Research 8 (2), 86-92.
Anani, M. and F. Owusu (2022), “Regulatory capital and bank risk-resilience amid the Covid-19 pandemic: How are the Basel reforms faring?” Finance Research Letters 52, 103591.
Cao, Y.-F. and J.-Y. Chou (2022), “Bank resilience over the COVID-19 crisis: The role of regulatory capital” Finance Research Letters 48, 102891.
Do, Q.A., V. Phan and D.T. Nguyen (2022), “How do local banks respond to natural disasters?” The European Journal of Finance, 29(7), 754-779
Duan, Y.-J., S.E. Ghoul, O. Guedhami, H.-R. Li and X.-M. Li (2021), “Bank systemic risk around COVID-19: A cross-country analysis,” Journal of Banking & Finance 133, 106299
Elnahass, M, V.Q. Trinh and T. Li (2021) “Global banking stability in the shadow of Covid-19 outbreak,” Journal of International Financial Markets, Institutions & Money 72, 101322
Huang, Q.-B. (2023), “Ownership concentration and bank stability in China,” Economics Letters, 30(15), 2108-2112
Hou, S.-H. (2021), “The nonlinear relationship between banks competition and financial stability in China,” Economics Letters, 30(3), 331-335
Kryzanowski, L., J.-J. Liu and J. Zhang (2022), “Effect of COVID-19 on non-performing loans in China,” Finance Research Letters 52 103372
Liu, C. and Y.W. Wu (2023) “Gender diversity and bank risk-taking: female directors and executives,” Managerial Finance 49(5), 761-788
Othmani, H. (2020), “Does board gender diversity matter in the banking sector? Evidence from Tunisia,” African Development 33(1), 14–24.
Shabir, M., P. Jiang, W.-H. Wang and Ö. Işık (2023), “COVID-19 pandemic impact on banking sector: A cross-country analysis,” Journal of Multinational Financial Management 67, 100784
Tran, D.V., M.K. Hassan, A.W. Alam and N. Dau (2021), “Banks’ financial soundness during the COVID-19 pandemic,” Journal of Economics and Finance 46, 713–735 |
[Endnote RIS 格式]
[相關文章]
[文章引用]
[完整記錄]
[館藏目錄]
[檢視]
plurk
funp
live
udn
HD
myshare
netvibes
friend
youpush
delicious
baidu
Google bookmarks
del.icio.us
hemidemi
facebook
twitter
google
reddit