Efficiency and Competition in Chinese Banking

Efficiency and Competition in Chinese Banking
Author: Yong Tan
Publsiher: Chandos Publishing
Total Pages: 198
Release: 2016-10-27
ISBN 10: 0081001029
ISBN 13: 9780081001028
Language: EN, FR, DE, ES & NL

Efficiency and Competition in Chinese Banking Book Review:

Efficiency and Competition in Chinese Banking gives a comprehensive analysis of the industry, including cost, technical, profit, and revenue efficiency. The Chinese banking industry is of global importance. The book estimates the competitive condition of the sector using the Boone indicator, Panzar-Rosse Histatistic, Lerner index, and concentration ratio. The author investigates the impact of competition on efficiency in Chinese banking while controlling for comprehensive determinants of bank efficiency. This title complements Yong Tan’s previous book, Performance, Risk, and Competition in the Chinese Banking Sector, also published by Chandos. Analyzes efficiency in the Chinese banking industry Presents a robust analysis of competition in the Chinese banking sector, using four competition indicators Considers the impact of competition on efficiency Explores the competitive conditions of different banking markets including deposit market, loan market, and non-interest income market

Risk Competition and Cost Efficiency in the Chinese Banking Industry

Risk  Competition and Cost Efficiency in the Chinese Banking Industry
Author: Yong Tan
Publsiher: Unknown
Total Pages: 28
Release: 2017
ISBN 10: 1928374650XXX
ISBN 13: OCLC:1305141690
Language: EN, FR, DE, ES & NL

Risk Competition and Cost Efficiency in the Chinese Banking Industry Book Review:

Using a sample of Chinese commercial banks over the period 2003-2013, this paper tests the interrelationships between credit risk, competition and cost efficiency in the Chinese banking industry under a three-stage least square estimator. The findings suggest that a higher level of competition leads to higher credit risk of Chinese commercial banks and a higher level of efficiency leads to lower credit risk. In addition, it is found that higher level of efficiency results in higher level of competition in the Chinese banking industry and higher levels of credit risk precede an increase in the level of competition. Finally, the results show that Chinese commercial banks with higher levels of credit risk have lower levels of cost efficiency and competition-efficiency hypothesis holds in the Chinese banking industry. The results provide policy implications to the Chinese government and banking regulatory authorities.

Performance Risk and Competition in the Chinese Banking Industry

Performance  Risk and Competition in the Chinese Banking Industry
Author: Yong Tan
Publsiher: Chandos Publishing
Total Pages: 264
Release: 2014-10-08
ISBN 10: 1780634463
ISBN 13: 9781780634463
Language: EN, FR, DE, ES & NL

Performance Risk and Competition in the Chinese Banking Industry Book Review:

Due to the financial crisis around the world, stability of the banking sector is critical. Several rounds of banking reforms in China have aimed to improve performance and competition, and Performance, Risk and Competition in the Chinese Banking Industry provides a comprehensive analysis of performance, risk, competition and their relationships in Chinese banking industry. The book consists of seven chapters: the first chapter gives an introduction, followed by an overview of the Chinese banking sector in chapter two. Chapter three discusses corporate governance in the Chinese banking sector. The fourth and fifth chapters investigate risk, performance, competition, and their relationships. Chapter six outlines future development of the Chinese banking sector, and finally, chapter seven provides a conclusion. provides a comprehensive analysis of risk conditions in the Chinese banking sector a detailed investigation on the performance of the Chinese banking sector examines the state of competition

Risk Competition and Efficiency in Banking

Risk  Competition and Efficiency in Banking
Author: Yong Tan
Publsiher: Unknown
Total Pages: 37
Release: 2017
ISBN 10: 1928374650XXX
ISBN 13: OCLC:1305141350
Language: EN, FR, DE, ES & NL

Risk Competition and Efficiency in Banking Book Review:

This paper tests the interrelationships between risk, competition and efficiency in the Chinese banking industry over the period 2003-2013 under a Granger Causality test. The current study contributes to the empirical research by using an Efficiency-adjusted Lerner index and stability inefficiency as the indicators of competition and insolvency risk and more importantly, it is the first piece of research testing the interrelationships between different types of risk, efficiency and competition in the context of Chinese banking. The results show that Chinese commercial banks with higher levels of efficiency have higher credit risk and insolvency risk, but lower liquidity risk and capital risk. Higher competition leads to lower credit risk, lower insolvency risk, but higher liquidity risk. The results further show that Chinese commercial banks with higher credit risk and insolvency risk have higher efficiency, but the impact is significant and negative for liquidity risk and capital risk. Finally, it is found that lower liquidity risk increases the market power (lower the competitive condition) in the Chinese banking industry.

Investigating the Performance of Chinese Banks Efficiency and Risk Features

Investigating the Performance of Chinese Banks  Efficiency and Risk Features
Author: Yong Tan
Publsiher: Springer
Total Pages: 200
Release: 2016-10-19
ISBN 10: 1137493763
ISBN 13: 9781137493767
Language: EN, FR, DE, ES & NL

Investigating the Performance of Chinese Banks Efficiency and Risk Features Book Review:

This book applies econometric techniques to test the relationship between efficiency and risk within the banking industry in China. Chapters examine how efficiency has been affected by different types of risk-taking behaviour and how risk has been an important determinant of bank efficiency in the context of the series of reforms impacting banks in China since 1978. The author begins by unpacking these reforms and proceeds to explain relevant theories of efficiency and bank risk before reviewing empirical literature in evaluating risk and efficiency in the banking industry. He then investigates the issues of efficiency and risk in the Chinese banking industry using a number of modern econometric techniques. The final chapters present the results of original empirical research conducted by the author, and provide valuable implications to Chinese government as well as banking regulatory authorities to make relevant policies.

Chinese Banking Reform

Chinese Banking Reform
Author: Chunxia Jiang,Shujie Yao
Publsiher: Springer
Total Pages: 331
Release: 2017-11-10
ISBN 10: 3319639250
ISBN 13: 9783319639253
Language: EN, FR, DE, ES & NL

Chinese Banking Reform Book Review:

This book is a wide-ranging and timely overview of the contemporary Chinese banking system. It charts the vast changes in Chinese banking from before China’s admission to the WTO in 2001 to more recent regulatory reform and developments in the shadow banking sector. The book begins with an economic history of the mono-banking system, and a critical discussion of reforms taken by the government in preparation for China’s entry to the WTO. The second part of the book discusses banking regulation and government policy during and after the global financial crisis in 2008-2009 and their impact on banking, including recent developments. Finally, the book concludes an empirical analysis of the impact of banking reforms on a number of important issues, including bank efficiency, capital structure, competition and financial stability, and risk taking behaviour, and a review of the relevance of shadow banking and internet banking.

Risk Competition and Efficiency in Chinese Banking

Risk  Competition  and Efficiency in Chinese Banking
Author: Yong Tan
Publsiher: Unknown
Total Pages: 47
Release: 2017
ISBN 10: 1928374650XXX
ISBN 13: OCLC:1305307227
Language: EN, FR, DE, ES & NL

Risk Competition and Efficiency in Chinese Banking Book Review:

The current study contributes to the banking literature by being the first research investigating the competitive conditions of different banking markets using a sample of Chinese commercial banks over the period 2003-2013. It further contributes to banking literature by testing the inter-relationships between competition, different types of efficiencies and different types of risk under a three-stage least square estimator. The results show that competition leads to higher capital, liquidity and credit risk, while higher revenue efficiency leads to lower risk. It is found that efficiency is significantly and negatively related to competition. Finally, the findings show that competition-inefficiency hypothesis holds.

The Development of the Chinese Financial System and Reform of Chinese Commercial Banks

The Development of the Chinese Financial System and Reform of Chinese Commercial Banks
Author: D. Luo
Publsiher: Springer
Total Pages: 247
Release: 2016-03-08
ISBN 10: 1137454660
ISBN 13: 9781137454669
Language: EN, FR, DE, ES & NL

The Development of the Chinese Financial System and Reform of Chinese Commercial Banks Book Review:

The Chinese financial sector, despite having been developed at a much later stage compared with other developed nations, has achieved substantial progresses over the past decades. By the end of 2014, a total of 16 commercial banks had been listed on the stock exchanges, exerting strong impact onto the market indices and contributing significantly to the country's sustained economic growth. This book reviews the evolution of the Chinese financial system, examining the effectiveness of reform strategies made by the government over the last ten years. The first chapter offers a comprehensive review of the development of the Chinese banking sector and the state-owned banks (SOBs). The second chapter focuses on the efficiency of the Chinese banking sector. Employing data envelopment analysis (DEA) and stochastic frontier analysis (SFA), the author tests the change of efficiency within the Chinese banking sector over the past decade. It also looks at the strategy adopted by the Chinese government as the final attempt in reforming its troublesome SOBs and the effectiveness of such a reform strategy. The next chapter examines the corporate governance practise of the Chinese commercial banks, and the author follows by investigating the effect of the 2007 US credit crunch on Chinese banks and the country's wider economy. Other chapters survey the influence of foreign entry to the Chinese domestic banking sector, and the development of shadow banking in China. The author concludes by discussing the role of the central bank, namely the People's Bank of China (PBOC), and its role in implementing effective policies to promote economic growth.

The Impacts of Risk Taking Behaviour and Competition on Technical Efficiency

The Impacts of Risk Taking Behaviour and Competition on Technical Efficiency
Author: Yong Tan
Publsiher: Unknown
Total Pages: 36
Release: 2017
ISBN 10: 1928374650XXX
ISBN 13: OCLC:1305307195
Language: EN, FR, DE, ES & NL

The Impacts of Risk Taking Behaviour and Competition on Technical Efficiency Book Review:

This paper tests the impact of risk and competition on efficiency in the Chinese banking industry over the period 2003-2013. Comprehensive types of risk-taking behaviour are considered including credit risk, liquidity risk, capital risk, and insolvency risk. Competition is measured by the Lerner index. The results are cross-checked using an alternative econometric technique as well as an alternative competition indicator. The findings show that the technical and pure technical efficiencies of Chinese commercial banks are significantly and negatively affected by liquidity risk. They further show that greater competition precedes declines in technical and pure technical efficiencies of Chinese commercial banks. The results suggest that Chinese bank efficiency is significantly affected by bank diversification, banking sector development, stock market development, inflation and GDP growth rate. The findings also indicate that, compared to state-owned commercial banks, joint-stock commercial banks and city commercial banks have lower technical and pure technical efficiencies.

Income Diversification in the Chinese Banking Industry Challenges and Opportunities

Income Diversification in the Chinese Banking Industry  Challenges and Opportunities
Author: Zhixian Qu
Publsiher: Springer Nature
Total Pages: 167
Release: 2020-05-26
ISBN 10: 9811558906
ISBN 13: 9789811558900
Language: EN, FR, DE, ES & NL

Income Diversification in the Chinese Banking Industry Challenges and Opportunities Book Review:

This book provides an overview of the historical financial reforms and regulatory changes in China, highlighting the background to and causes of changes in the income structure of China's banks. It also investigates ongoing concerns with regard to banking diversification in China, and its consequences, amid the global trend of banks’ shift to non-traditional businesses. Focusing on three critical aspects of bank-income diversification, namely the effects on profitability, risk level, and efficiency, it employs the concept of systemically important banks, which describes the scale and degree of influence a bank has in global and domestic financial markets. More importantly, rather than replicating techniques employed in the research on developed markets, it applies several improved methodologies to address bank diversification in the specific context created by China’s unique institutional background and data characteristics, such as GMM-type threshold models and stochastic frontier analysis with the within maximum likelihood estimation. Shedding new light on the current status of income diversification in the Chinese banking sector, this book is a valuable resource for readers in fields such as banking and financial stability. It will also help banking professionals and financial regulatory authorities to better understand the reform of China's financial industry and the future direction of banking.

Market Competition Efficiency and Profitability

Market Competition  Efficiency and Profitability
Author: Weiwei Yang
Publsiher: Unknown
Total Pages: 135
Release: 2012
ISBN 10: 1928374650XXX
ISBN 13: OCLC:872685908
Language: EN, FR, DE, ES & NL

Market Competition Efficiency and Profitability Book Review:

Competition Concentration and Efficiency of Commercial Banks in South Korea Mainland China and Taiwan

Competition  Concentration and Efficiency of Commercial Banks in South Korea  Mainland China and Taiwan
Author: Juan Huang
Publsiher: Enrich Professional Pub Limited
Total Pages: 216
Release: 2011
ISBN 10: 9789814298261
ISBN 13: 9814298263
Language: EN, FR, DE, ES & NL

Competition Concentration and Efficiency of Commercial Banks in South Korea Mainland China and Taiwan Book Review:

Well-researched and informative, this record analyzes the development of commercial banks in China, Taiwan, and Korea. Utilizing empirical data, this detailed account demonstrates that the nature of the banking sector is monopolistic and that competition can not only coexist with consolidation, but also improve the efficiency of banks under normal circumstances. This valuable examination will interest bankers, investors, and academics alike.

On the Efficiency of Chinese Banks And WTO Challenges

On the Efficiency of Chinese Banks And WTO Challenges
Author: Shuije Yao
Publsiher: Unknown
Total Pages: 135
Release: 2007
ISBN 10: 1928374650XXX
ISBN 13: OCLC:1129722194
Language: EN, FR, DE, ES & NL

On the Efficiency of Chinese Banks And WTO Challenges Book Review:

Abstract: After joining the WTO in December 2001, China was given 5 years to completely open up its banking market for international competition. Chinese banks have been renowned for their mounting non-performing loans and low efficiency. Despite gradual reforms, the banking system is still dominated by state ownership and encapsulated monopolistic control. How to raise efficiency is a key to the survival and success of domestic banks, especially the state-owned commercial banks. Two important factors may be responsible for raising efficiency: ownership reform and hard budget constraints. This paper uses a panel data of 22 banks over the period 1995-2001, and employs a stochastic frontier production function to investigate the effects of ownership structure and hard budget constraint on efficiency. Empirical results suggest that non-state banks were 8-18% more efficient than state banks, and that banks facing a harder budget tend to perform better than those heavily capitalized by the state

The great leap forward The marketing of banking services in China

The great leap forward  The marketing of banking services in China
Author: Carla Vieira
Publsiher: diplom.de
Total Pages: 105
Release: 2005-04-08
ISBN 10: 383248678X
ISBN 13: 9783832486785
Language: EN, FR, DE, ES & NL

The great leap forward The marketing of banking services in China Book Review:

Inhaltsangabe:Abstract: Generally speaking, economic growth is closely related to the efficiency of a country s financial markets. That is, the more varied the investment alternatives by which economic resources can flow within a country and between countries, the more efficient the financial market. This efficiency leads to a higher level of capital formation, and improved capital utilisation, thereby increasing the utility of both savers and borrowers and promoting economic growth. In line with its transition to a market economy China has, amongst other reforms, embarked on a reform of its financial system, transforming its one-bank monopoly into an integrated system of many banks and other specialised financial institutions. The resulting market complexity and the emergence of domestic and international competition gave rise to the marketing of financial services in China. Despite banks increasing marketing sophistication and higher spending on marketing, consumer behaviour is only beginning to react to it. On one hand the emergence of a wide variety of financial institutions and financial products has offset the impact of the social system reform on individuals lives. On the other hand, most Chinese still stay with one of the four wholly state-owned commercial banks, perhaps out of habit, perhaps from a feeling of security with their old banks. The effect on banks has been dramatic, service levels have improved greatly while product quality and variety have become better. However, the lack of market segmentation, partly due to government regulation, limits banks abilities to effectively target consumer groups, (which also hinders consumers information gathering and decision-making). Transformation of banking is hindered by China s poorly performing corporate sector, which strongly undermines banking profitability. China remains one of the weakest countries in terms of strength of the financial sector (Moody s), and the imminent WTO entry might result in disarray in the financial industry. Foreign banks with their sophisticated marketing have already put strong pressure on their Chinese counterparts, who are learning quickly. In the long run, the WTO entry and increased openness of the financial market will increase the competitiveness of the marketplace and enhance the development of the marketing of financial services in China. This dissertation will be divided into two parts. In the first part I will be talking about China s [...]

European Banking

European Banking
Author: John A. Goddard,Philip Molyneux,John O. S. Wilson
Publsiher: John Wiley & Sons Incorporated
Total Pages: 320
Release: 2001-07-10
ISBN 10: 1928374650XXX
ISBN 13: UOM:39015050786626
Language: EN, FR, DE, ES & NL

European Banking Book Review:

The retail banking sector has undergone immense change over the last decade, such that the industry is barely recognisable. The creation of the European Single Market has of necessity initiated deregulation, whilst the increase in telephone and internet banking has impacted on economies of scale. Financial services organisations are now able to compete in previously uncharted territory, to considerable effect. Taking the reader on a journey of discovery through the economic theory behind the practice and the consequences that follow, the authors have created a fascinating insight into the current state of European retail banking. The authors use their extensive research to display the rationale behind the increasing trend towards consolidation and efficiency. Well argued and well researched, this is a must read for all people with an interest in the European Banking market, from investors to bankers and students alike. "This outstanding contribution has everything a banking practitioner, academic or regulator would need to know about European banking, complete from theory to practice to data to background references. This is a must-have reference guide for anyone who wants or needs to know about our financial system." - Allen N. Berger, Senior Economist, Federal Reserve Board

Evaluating the Effectiveness of China s Financial Reform The Efficiency of China s Domestic Banks

Evaluating the Effectiveness of China s Financial Reform    The Efficiency of China s Domestic Banks
Author: Cheng Hsiao
Publsiher: Unknown
Total Pages: 40
Release: 2015
ISBN 10: 1928374650XXX
ISBN 13: OCLC:1306532675
Language: EN, FR, DE, ES & NL

Evaluating the Effectiveness of China s Financial Reform The Efficiency of China s Domestic Banks Book Review:

This paper estimates the cost and profit efficiency of Chinese domestic banking sector to evaluate the effectiveness of China's financial reforms since 1978. We use the performance of foreign banks as the benchmark because foreign banks, subject to intensive worldwide competition, are perceived as possessing superior governing structure and organization, more advanced technologies and better trained labor force. On the other hand, competition in China's banking sector is mainly in the form of nonprice measures, thus putting foreign banks at a disadvantage. We find domestic banks have gradually caught up the cost advantage of foreign banks in a manner consistent with the increased competitive pressure. On the other hand, the profit advantage of domestic banks over foreign banks is widening because of institutional arrangements, cultural and social networks as well as the profit scope and revenue scale economy.

Developing China s Capital Market

Developing China s Capital Market
Author: D. Cumming,A. Guariglia,W. Hou,E. Lee
Publsiher: Springer
Total Pages: 194
Release: 2013-10-24
ISBN 10: 1137341572
ISBN 13: 9781137341570
Language: EN, FR, DE, ES & NL

Developing China s Capital Market Book Review:

China is an increasingly influential emerging economy that is currently attracting the attention of academics, practitioners, and policy makers. This book is a collection of cutting edge research findings on issues relating to the experiences and challenges of China's capital market development.

Efficiency in European Banking

Efficiency in European Banking
Author: Philip Molyneux,Yener Altunbas,Edward Gardener
Publsiher: John Wiley & Son Limited
Total Pages: 345
Release: 1996-09-27
ISBN 10: 1928374650XXX
ISBN 13: STANFORD:36105018373725
Language: EN, FR, DE, ES & NL

Efficiency in European Banking Book Review:

This study examines the current state of banking within Europe. It describes how banks are experiencing greater deregulation, allowing for stronger competition and a more restrictive regulation of supervision. This has led to corporate restructuring within

China s Banking System Issues for Congress

China s Banking System  Issues for Congress
Author: Michael Martin
Publsiher: CreateSpace
Total Pages: 52
Release: 2012-12-26
ISBN 10: 9781481846400
ISBN 13: 148184640X
Language: EN, FR, DE, ES & NL

China s Banking System Issues for Congress Book Review:

China's banking system has been gradually transformed from a centralized, government-owned and government-controlled provider of loans into an increasingly competitive market in which different types of banks, including several U.S. banks, strive to provide a variety of financial services. Only three banks in China remain fully government-owned; most banks have been transformed into mixed ownership entities in which the central or local government may or may not be a major equity holder in the bank.

Financial Dependence Banking Sector Competition and Economic Growth

Financial Dependence  Banking Sector Competition  and Economic Growth
Author: Stijn Claessens,Luc Laeven
Publsiher: World Bank Publications
Total Pages: 48
Release: 2005
ISBN 10: 1928374650XXX
ISBN 13: 9182736450XXX
Language: EN, FR, DE, ES & NL

Financial Dependence Banking Sector Competition and Economic Growth Book Review:

"The relationships among competition in the financial sector, access of firms to external financing, and associated economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper Claessens and Laeven first estimate for 16 countries a measure of banking system competition based on industrial organization theory. They then relate this competition measure to growth of industries and find that greater competition in countries' banking systems allows financially dependent industries to grow faster. These results are robust under a variety of tests. The results suggest that the degree of competition is an important aspect of financial sector funding. This paper--a product of the Financial Sector Operations and Policy Department--is part of a larger effort in the department to study competition in banking"--World Bank web site.