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The evolution of China's banking system: bank loan announcements 1996-2009

机译:中国银行体系的演变:1996-2009年银行贷款公告

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摘要

This study investigates China's evolving banking systems from 1996 to 2009 by testing the market response to bank loan announcements in the China. The results show a significant negative market response to bank loan announcements in the Chinese financial market for the sample period 1996-2004. However, after a series of reforms in the Chinese banking system, the significantly negative market response to bank loan announcements disappears for the sample period 2005-2009.
机译:本研究通过测试中国对银行贷款公告的市场反应,调查了1996年至2009年中国不断发展的银行体系。结果表明,在1996-2004年的样本期间,市场对中国金融市场中银行贷款公告的负面反应很大。但是,在中国银行体系进行了一系列改革之后,在2005-2009年的样本期内,市场对银行贷款公告的明显负面反应消失了。

著录项

  • 来源
    《Accounting and finance》 |2014年第1期|165-188|共24页
  • 作者单位

    Department of Accounting, Economics and Finance, Faculty of Commerce, Lincoln University, PO Box 84, Canterbury, New Zealand;

    Department of Accounting, Economics and Finance, Faculty of Commerce, Lincoln University, PO Box 84, Canterbury, New Zealand;

    Department of Accounting, Economics and Finance, Faculty of Commerce, Lincoln University, PO Box 84, Canterbury, New Zealand;

    Department of Business Management, Law and Marketing, Faculty of Commerce, Lincoln University, PO Box 84, Canterbury, New Zealand;

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  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

    Bank loan announcement; Chinese banking system; Market response; Abnormal returns;

    机译:银行贷款公告;中国银行系统;市场反应;异常收益;

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