|کد مقاله||کد نشریه||سال انتشار||مقاله انگلیسی||ترجمه فارسی||نسخه تمام متن|
|5069218||1476982||2017||4 صفحه PDF||سفارش دهید||دانلود رایگان|
Using a unique hand-collected dataset of 115 China's commercial banks over the period 2007-2014, this paper investigates the effect of ownership dispersion on bank performance and explores the reason behind the relation. The results indicate that higher ownership dispersion improves return on assets (ROA), return on equity (ROE), and reduces the ratio of nonperforming loans (NPL). Moreover, lower ownership dispersion leads to higher loan concentration, testifying the hypothesis that ownership concentrated banks tend to offer huge loans to large enterprises that usually have connections with large shareholders.
Journal: Finance Research Letters - Volume 22, August 2017, Pages 49-52