This paper focuses on relationship lending and the hypothesis of the small bank advantage. It integrates the knowledge of organization management theory, management theory and information economics theory. It combines...This paper focuses on relationship lending and the hypothesis of the small bank advantage. It integrates the knowledge of organization management theory, management theory and information economics theory. It combines the decision-making process of bank loans and the information needs, and analyzes the scientificity and rationality of the existing interpretations. Based on the reasons of ＂small bank advantage＂, it discusses some issues to which banks and enterprises should pay attention in the relationship lending.展开更多
This paper analyzes technical efficiency in China＇s banking system by large banks and small city banks as well as the pre-WTO and post-WTO accession periods＇. Using an unbalanced panel dataset for 63 banks over 1997...This paper analyzes technical efficiency in China＇s banking system by large banks and small city banks as well as the pre-WTO and post-WTO accession periods＇. Using an unbalanced panel dataset for 63 banks over 1997-2006 and employing the stochastic frontier function approach, the empirical results reveal that the new entrants, small city banks, experienced a slightly higher efficiency score than incumbent large banks, on average. Compared with the pre- WTO accession period, the efficiency score is found to have improved significantly after entry into the WTO as a result of the competition effect. This competition effect is particularly relevant for small city banks. Finally, determinants of X-inefficiency are examined展开更多
文摘This paper focuses on relationship lending and the hypothesis of the small bank advantage. It integrates the knowledge of organization management theory, management theory and information economics theory. It combines the decision-making process of bank loans and the information needs, and analyzes the scientificity and rationality of the existing interpretations. Based on the reasons of ＂small bank advantage＂, it discusses some issues to which banks and enterprises should pay attention in the relationship lending.
基金the Financial support of the Center for China Studies of the National Taiwan University
文摘This paper analyzes technical efficiency in China＇s banking system by large banks and small city banks as well as the pre-WTO and post-WTO accession periods＇. Using an unbalanced panel dataset for 63 banks over 1997-2006 and employing the stochastic frontier function approach, the empirical results reveal that the new entrants, small city banks, experienced a slightly higher efficiency score than incumbent large banks, on average. Compared with the pre- WTO accession period, the efficiency score is found to have improved significantly after entry into the WTO as a result of the competition effect. This competition effect is particularly relevant for small city banks. Finally, determinants of X-inefficiency are examined
