The Design Features and Its Market Discipline Effect of Subordinated Debt in Chinese Banks During 2003-2010
This paper analyzes the design features of subordinated debt issued by Chinese banks during 20032010, and shows their impacts on market discipline effect based on the comparison with the features of subordinated debt issued by American banks, and then from the view of market discipline summarizes the main problems in Chinese market of subordinated debt, finally gives some suggestions on improving the market discipline effect of subordinated debt in Chinese banks.
ChineseBanks SubordinatedDebt DesignFeatures MarketDisciplineEffect
ZHANG Zheng-ping WANG Zhuo SHENG Ying GUO Yongchun
School of Economics, Beijing Technology and BusinessUniversity College of Finance, Southwest University of Financeand Economics School of Economics, Beijing Technology and Business University
国际会议
广州
英文
1-8
2011-05-13(万方平台首次上网日期,不代表论文的发表时间)