Empirical Study of The Relationship Between Valuation and Risk Over Chinese Listed Commercial Banks

被引:0
|
作者
Jia Weiying [1 ]
Zhang Jian [1 ]
机构
[1] Beijing Wuzi Univ, Sch Business, Beijing, Peoples R China
关键词
Tobin's Q; Financial regulation; information disclosure;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper uses a multi-vector econometric model to calculate the relation between Chinese listed commercial banks' Tobin's Q ratio and the risk variables of Rate of Return on Common Stockholders' Equity, deposit-loan ratio, capital adequacy rate and Non-performing Loans rate. The result shows that a high profitability always receives a high valuation from stockholders and debtors for our listed commercial banks, and the risk variables have significantly effect on Tobin's Q index but for some reason, the result is different from our assumption and general theoretical analysis for the result, to solve this problem further theoretical and empirical works need to be done.
引用
收藏
页码:91 / 94
页数:4
相关论文
共 50 条
  • [31] An Empirical Study of the Relationship Between Corporate Dividend Policy and Financial Performance of Chinese Listed Companies
    Li Ji-ming
    Wang Zhao-hua
    2009 ISECS INTERNATIONAL COLLOQUIUM ON COMPUTING, COMMUNICATION, CONTROL, AND MANAGEMENT, VOL I, 2009, : 190 - +
  • [32] The Relationship Between Corporate Governance and Corporate Performance-An Empirical Study of Chinese Listed Companies
    Guo Yidan
    PROCEEDINGS OF THE THIRD INTERNATIONAL SYMPOSIUM - MANAGEMENT, INNOVATION & DEVELOPMENT, BKS ONE & TWO, 2016, : 263 - 267
  • [33] HOW DOES CREDIT PORTFOLIO DIVERSIFICATION AFFECT BANKS' RETURN AND RISK? EVIDENCE FROM CHINESE LISTED COMMERCIAL BANKS
    Chen, Yibing
    Shi, Yong
    Wei, Xianhua
    Zhang, Lingling
    TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY, 2014, 20 (02) : 332 - 352
  • [34] Empirical Etudy on Listed Commercial Banks' Market Discipline from Stockholders
    Zhang Jian
    Lu Jun
    Jia Weiying
    PROCEEDINGS OF THE 2ND INTERNATIONAL CONFERENCE ON RISK MANAGEMENT & ENGINEERING MANAGEMENT, VOLS 1 AND 2, 2008, : 676 - 679
  • [35] THE RELATIONSHIP BETWEEN THE RISK MANAGEMENT PRACTICES AND FINANCIAL PERFORMANCE OF THE NIGERIAN LISTED BANKS
    Oluwagbemiga, Oyerogba Ezekiel
    Ogungbade, Oluyinka Isaiah
    Idode, Patrick Esiemogie
    PROCEEDINGS OF THE 11TH INTERNATIONAL CONFERENCE ACCOUNTING AND MANAGEMENT INFORMATION SYSTEMS (AMIS 2016), 2016, : 331 - 350
  • [36] Comparative study on the relative risk of Commercial banks - empirical evidence of 14 commercial banks from 2001 to 2004
    Fang Xianming
    Chen Shi
    2008 4TH INTERNATIONAL CONFERENCE ON WIRELESS COMMUNICATIONS, NETWORKING AND MOBILE COMPUTING, VOLS 1-31, 2008, : 10363 - +
  • [37] An empirical research on the relationship between human capital and innovative capability: A study on Taiwan's commercial banks
    Wang, Hsing-Kuo
    Yen, Yu-Fang
    Tsai, Cheng-Fei
    Lin, Yu-Chieh
    TOTAL QUALITY MANAGEMENT & BUSINESS EXCELLENCE, 2008, 19 (11) : 1189 - 1205
  • [38] The Relationship between Corporate Social Responsibility and Corporate Financial Performance: An Empirical Study of Commercial Banks in Vietnam
    Hang Thi Thu Bui
    JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS, 2021, 8 (10): : 373 - 383
  • [39] The Study on China Listed Commercial Banks' Capital Structure
    Zhu Qin
    PROCEEDINGS OF 2010 INTERNATIONAL CONFERENCE - ACCOUNTING AND FINANCIAL ENGINEERING, 2010, : 13 - 17
  • [40] Empirical research on Chinese commercial banks' market discipline
    Jian, Zhang
    Jun, Lu
    PROCEEDINGS OF THE INTERNATIONAL SYMPOSIUM ON FINANCIAL ENGINEERING AND RISK MANAGEMENT 2008, 2008, : 182 - 185