The difference of portfolio allocation between state-owned banks and joint-equity banks in China

摘要：

While the relationship between bank government ownership and performance is a hot topic, there are very few papers focusing on the relationship between government ownership and bank prudential behavior. Based on portfolio allocation proxies, this paper studies the prudential difference of China’s state-owned banks and joint-equity banks. Empirical results strongly support the hypothesis that better ownership leads to more prudential behavior. Meanwhile, state banks are getting more and more prudent due to bank system reform.

关键词： Commercial Bank Corporate Governance Bank portfolio allocation Bank prudential behavior

作者: 贾春新

作者单位: 北京大学光华管理学院金融系 北京市颐和园路5号 100871

会议类型: 国际会议

会议名称: 2007年中国国际金融年会

会议地点: 成都

会议语种:英文

在线出版日期: 2007-07-09（万方平台首次上网日期，不代表论文的发表时间）