The Influence of Government Intervention on the Trajectory of Bank Performance during the Global Financial Crisis: A Comparative Study among Asian Economies
博士 === 國立交通大學 === 經營管理研究所 === 101 === The global financial crisis that started from 2007 onwards spread around the world and impacted the performance of banks in major economies. Many governments have used a variety of intervention policies to recover their financial systems. By examining the dynami...
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ndltd-TW-101NCTU54570122017-03-26T04:23:50Z http://ndltd.ncl.edu.tw/handle/30795036599443324129 The Influence of Government Intervention on the Trajectory of Bank Performance during the Global Financial Crisis: A Comparative Study among Asian Economies 全球金融危機下政府干預行為對銀行績效成長趨勢之影響:亞洲經濟體之比較研究 Wu, Chiu-Hui 吳秋慧 博士 國立交通大學 經營管理研究所 101 The global financial crisis that started from 2007 onwards spread around the world and impacted the performance of banks in major economies. Many governments have used a variety of intervention policies to recover their financial systems. By examining the dynamic changes in bank performance before and after government intervention, this study demonstrates the use of the piecewise latent trajectory model. We used the data collected from Bloomberg for banks of five major Asian economies, Japan, South Korea, Hong Kong, Singapore and Taiwan, over the eleven-quarter period from the 4th quarter of 2007 to the 2nd quarter of 2010 on six financial performance indicators reflecting solvency, credit risk and profitability. The change patterns of bank performance before/after government intervention during the global financial crisis have been compared among the five economies. Our empirical results indicate that, on average, the bank performance in terms of solvency, credit risk, and profitability improves after government intervention. Moreover, the influence of government intervention on bank performance depends on the evaluative financial indicator, the economy, and whether banks are internationalized. South Korea and Hong Kong have been identified to be the economies with stronger bank performance after government intervention. Policies demonstrated useful in South Korea and Hong Kong have been summarized and discussed. Ding, Cherng G. Chang, Pao-Long 丁承 張保隆 2012 學位論文 ; thesis 61 zh-TW |
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博士 === 國立交通大學 === 經營管理研究所 === 101 === The global financial crisis that started from 2007 onwards spread around the world and impacted the performance of banks in major economies. Many governments have used a variety of intervention policies to recover their financial systems. By examining the dynamic changes in bank performance before and after government intervention, this study demonstrates the use of the piecewise latent trajectory model. We used the data collected from Bloomberg for banks of five major Asian economies, Japan, South Korea, Hong Kong, Singapore and Taiwan, over the eleven-quarter period from the 4th quarter of 2007 to the 2nd quarter of 2010 on six financial performance indicators reflecting solvency, credit risk and profitability. The change patterns of bank performance before/after government intervention during the global financial crisis have been compared among the five economies. Our empirical results indicate that, on average, the bank performance in terms of solvency, credit risk, and profitability improves after government intervention. Moreover, the influence of government intervention on bank performance depends on the evaluative financial indicator, the economy, and whether banks are internationalized. South Korea and Hong Kong have been identified to be the economies with stronger bank performance after government intervention. Policies demonstrated useful in South Korea and Hong Kong have been summarized and discussed.
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author2 |
Ding, Cherng G. |
author_facet |
Ding, Cherng G. Wu, Chiu-Hui 吳秋慧 |
author |
Wu, Chiu-Hui 吳秋慧 |
spellingShingle |
Wu, Chiu-Hui 吳秋慧 The Influence of Government Intervention on the Trajectory of Bank Performance during the Global Financial Crisis: A Comparative Study among Asian Economies |
author_sort |
Wu, Chiu-Hui |
title |
The Influence of Government Intervention on the Trajectory of Bank Performance during the Global Financial Crisis: A Comparative Study among Asian Economies |
title_short |
The Influence of Government Intervention on the Trajectory of Bank Performance during the Global Financial Crisis: A Comparative Study among Asian Economies |
title_full |
The Influence of Government Intervention on the Trajectory of Bank Performance during the Global Financial Crisis: A Comparative Study among Asian Economies |
title_fullStr |
The Influence of Government Intervention on the Trajectory of Bank Performance during the Global Financial Crisis: A Comparative Study among Asian Economies |
title_full_unstemmed |
The Influence of Government Intervention on the Trajectory of Bank Performance during the Global Financial Crisis: A Comparative Study among Asian Economies |
title_sort |
influence of government intervention on the trajectory of bank performance during the global financial crisis: a comparative study among asian economies |
publishDate |
2012 |
url |
http://ndltd.ncl.edu.tw/handle/30795036599443324129 |
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