Economic policy uncertainty, credit risks and banks lending decisions: Evidence from Chinese commercial banks

被引：24

作者：

Qinwei Chi ^{[1
]}

Wenjing Li ^{[1
]}

机构：

[1] Management School, Jinan University

来源：

China Journal of Accounting Research | 2017年 / 01期

基金：

中国国家自然科学基金;

关键词：

Economic policy uncertainty; Credit risks; Lending decisions;

D O I：

暂无

中图分类号：

F832.0 [方针政策及其阐述]; F832.33 [商业银行（专业银行）];

学科分类号：

020204 ; 1201 ;

摘要：

Using data for Chinese commercial banks from 2000 to 2014, this paper examines the effects of economic policy uncertainty(EPU) on banks’ credit risks and lending decisions. The results reveal significantly positive connections among EPU and non-performing loan ratios, loan concentrations and the normal loan migration rate. This indicates that EPU increases banks’ credit risks and negatively influences loan size, especially for joint-equity banks. Given the increasing credit risks generated by EPU, banks can improve operational performance by reducing loan sizes. Further research indicates that the effects of EPU on banks’ credit risks and lending decisions are moderated by the marketization level, with financial depth moderating the effect on banks’ credit risks and strengthening it on lending decisions.

引用

页码：33 / 50

页数：18

共 20 条

[1] 法律、信用与银行贷款决策——来自山东省的调查证据 [J].