The study on the bank capital structure adjustments for the domestic banks and foreign banks

• Main Authors: Meng-Cheng Hsieh, 謝孟呈
• Other Authors: Jin-Ping Lee
• Format: Others
• Language: zh-TW
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/61580042876156619558

碩士 === 逢甲大學 === 財務金融學系碩士班 === 104 === The study examines the bank capital structure adjustments for domestic banks and foreign banks. The data is extracted from Bankscope, ranging from 2004 to 2014. The sample consists of 334 commercial banks of 8 countries. We extend the partial adjustment model to capture the effect of global capital liquidity and financial regulation conditions. We compare the difference of the speed of adjustment between the foreign banks and domestic banks in the alternative situations. The result shows there is no significant difference in the speeds of capital adjustments between the foreign banks and domestic banks in the whole sample. However, there exists difference in the speeds of capital adjustments between the foreign banks and domestic banks in the sample countries. The result also shows that the globe capital liquidity and financial regulation are important factors for banks to adjust their capital structure. The countries with financial liberalization in our sample, such as Taiwan, Hong Kong, and Japan, the banks with high capital adequacy ratios intend to adjust their capital structures faster than the banks with low capital adequacy ratios.