Does Financial Liberalization Affect Bank Risk-Taking in China?

Wang, Rui and Luo, Hang Robin (2019) Does Financial Liberalization Affect Bank Risk-Taking in China? SAGE OPEN, 9 (4). p. 215824401988794.

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Official URL: http://dx.doi.org/10.1177/2158244019887948

Abstract

<jats:p> This article examines the effect of financial liberalization on bank risk-taking, using bank-level data of 169 Chinese banks from 2000-2014. Empirical results show that bank stability increases with the development of financial liberalization. We also provide evidence indicating that banks with larger size, longer operating periods, and state ownership are more salient with the development of financial liberalization. However, such positive effects of financial liberalization on bank stability may be weakened by worse macroenvironment gauged by low economic growth, poor law enforcement, and instable political conditions. </jats:p>

Item Type:	Article
Uncontrolled Keywords:	financial liberalization, bank risk-taking, macroenvironment
Divisions:	Faculty of Humanities and Social Sciences > School of Management
Depositing User:	Symplectic Admin
Date Deposited:	23 Apr 2021 07:47
Last Modified:	18 Jan 2023 22:50
DOI:	10.1177/2158244019887948
Open Access URL:	https://journals.sagepub.com/doi/full/10.1177/2158...
Related URLs:	Author Publisher
URI:	https://livrepository.liverpool.ac.uk/id/eprint/3120281