5357cc拉斯维加斯王蕊博士(第一作者)与罗航教授(通讯作者)合作撰写的论文“Does Financial Liberalization Affect Bank Risk-Taking in China? ”在SSCI期刊 Sage Open上发表(2019年11月,第10-12期,1-15页),由Elsevier(爱思维尔)出版社出版。
论文摘要
This article examines the effect of financial liberalization on bank risk-taking, using bank-level data of 169 Chinese banks from 2000-2014. Empirical results show that bank stability increases with the development of financial liberalization. We also provide evidence indicating that banks with larger size, longer operating periods, and state ownership are more salient with the development of financial liberalization. However, such positive effects of financial liberalization on bank stability may be weakened by worse macroenvironment gauged by low economic growth, poor law enforcement, and instable political conditions.
论文全文链接
https://journals.sagepub.com/doi/full/10.1177/2158244019887948