Institutional quality, banking marketization, and bank stability: Evidence from China

被引:18
|
作者
Hou, Xiaohui [1 ]
Wang, Qing [2 ]
机构
[1] Xi An Jiao Tong Univ, Sch Econ & Finance, Xian, Shaanxi, Peoples R China
[2] Peoples Bank China, Xian Branch, Xian, Shaanxi, Peoples R China
基金
中国国家自然科学基金;
关键词
Banking marketization; Institutional quality; Bank stability; China; MARKET POWER; RISK; COMPETITION; DETERMINANTS; GOVERNANCE; CRISES;
D O I
10.1016/j.ecosys.2016.01.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates the relationship between banking marketization and bank stability across different levels of institutional quality in China. Our results suggest that banking marketization does not inevitably have a negative impact on bank stability. One of the two banking marketization indicators, namely the proportion of deposits taken by non-stateowned commercial banks to total deposits, has a significant positive impact on bank stability; in contrast, the other indicator, the proportion of loans issued to non-state-owned hybrid-sector firms to total loans in China's banking sector, is negatively associated with bank stability. Furthermore, an improvement of the institutional quality can reduce the adverse influence of banking marketization on bank stability on the whole. (C) 2016 Elsevier B.V. All rights reserved.
引用
收藏
页码:539 / 551
页数:13
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