This study reports on our systematic review of 2008–2021 literature on shadow banking.We present an overview of the shadow banking sector,wherein we discuss the definitions,evolution,functions,and specific activities...This study reports on our systematic review of 2008–2021 literature on shadow banking.We present an overview of the shadow banking sector,wherein we discuss the definitions,evolution,functions,and specific activities that comprise it.We conducted a bibliometric analysis using the VOSviewer bibliometric tool on articles collected from the Scopus database,after which we conducted content analysis on top articles from leading sources,and identified four major streams of shadow banking literature.Additionally,we identified gaps in the literature and proposed seven research questions to be addressed in future studies to advance knowledge of the shadow banking sector.The findings of this review may serve as a robust reference for scholars researching various aspects of shadow banking to develop our understanding of this sector.展开更多
It is of vital importance for shadow banking supervision to have correct targets for the curtailment of financial risks.In fact,the process of selecting legal regulation targets for shadow banking financial risks is e...It is of vital importance for shadow banking supervision to have correct targets for the curtailment of financial risks.In fact,the process of selecting legal regulation targets for shadow banking financial risks is equivalent to a process of achieving specific goals or objectives by means of legal regulation.The establishment of a regulatory system for shadow banking should consider the objective and practical needs of the sector,prioritize security as the desired value,and reasonably establish a value system for risk control.展开更多
The financial crisis of 2008 precipitated by credit issues in the US housing market is probably one of the most profound financial events in recorded history.Its shockwaves have significantly affected almost every mar...The financial crisis of 2008 precipitated by credit issues in the US housing market is probably one of the most profound financial events in recorded history.Its shockwaves have significantly affected almost every market centre as well as country in the world.The aim of this report is accordingly to investigate major reasons behind the crisis from a special angle of banking systems.In particular,problems hidden in regulations,mechanisms and systems in the wake of the financial crisis are focused specifically in this report.展开更多
文摘This study reports on our systematic review of 2008–2021 literature on shadow banking.We present an overview of the shadow banking sector,wherein we discuss the definitions,evolution,functions,and specific activities that comprise it.We conducted a bibliometric analysis using the VOSviewer bibliometric tool on articles collected from the Scopus database,after which we conducted content analysis on top articles from leading sources,and identified four major streams of shadow banking literature.Additionally,we identified gaps in the literature and proposed seven research questions to be addressed in future studies to advance knowledge of the shadow banking sector.The findings of this review may serve as a robust reference for scholars researching various aspects of shadow banking to develop our understanding of this sector.
基金This paper is funded by the National Social Science Fund titled“Study on the Legal Issues Concerning the Financial Risks and Security of Shadow Banking”(13CXF081).
文摘It is of vital importance for shadow banking supervision to have correct targets for the curtailment of financial risks.In fact,the process of selecting legal regulation targets for shadow banking financial risks is equivalent to a process of achieving specific goals or objectives by means of legal regulation.The establishment of a regulatory system for shadow banking should consider the objective and practical needs of the sector,prioritize security as the desired value,and reasonably establish a value system for risk control.
文摘The financial crisis of 2008 precipitated by credit issues in the US housing market is probably one of the most profound financial events in recorded history.Its shockwaves have significantly affected almost every market centre as well as country in the world.The aim of this report is accordingly to investigate major reasons behind the crisis from a special angle of banking systems.In particular,problems hidden in regulations,mechanisms and systems in the wake of the financial crisis are focused specifically in this report.