کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7364305 1479094 2018 20 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Does public-private status affect bank risk taking? Worldwide evidence
ترجمه فارسی عنوان
آیا وضعیت خصوصی عمومی و خصوصی بر روی خطر ریسک بانک تاثیر می گذارد؟ شواهد جهانی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
In this paper, we examine risk taking by publicly traded and privately owned banks in an institutionally diversified international sample of countries. Using the Z-score as our primary risk proxy, we find that publicly traded banks engage in less risky activities than their privately owned peers. We further investigate whether listing status (i.e., public or private) impacts bank risk taking before and after the recent financial crisis and across different institutional environments. We find that public banks are likely to exhibit less risk taking than their private counterparts in countries with weak institutions. Further, we find that publicly traded banks are engaging in less risk-taking activities compared to private banks in the pre-crisis and post-crisis alike, but more in the post-crisis, across all countries.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Financial Markets, Institutions and Money - Volume 53, March 2018, Pages 287-306
نویسندگان
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