Earticle

초록

영어

Using commercial bank data from eight major Asian countries, we examine the relationship between the banking market size structure and the stability of financial institutions. We show that larger banks tend to have lower capital adequacy ratios, liquidity ratios, and distance-todefault ratios. We further find that a rise in large banks’ market power, accompanying an increase in their market shares, lowers the capital adequacy of small banks. Small banks’ non-performing loans and the possibility of their bankruptcy also increase as large banks’ market shares rise. Our study suggests that large banks’ greater market shares are associated with small banks’ financial instability. Overall, our findings are consistent with the notion of the recent banking literature that has important antitrust policy implications.

목차

ABSTRACT
 1. Introduction
 2. Literature review
 3. Research Design
  3.1. Sample Selection and Variables
  3.2. Empirical design
  3.3. Summary Statistics and Correlations
 4. Empirical Results
  4.1. Univariate tests
  4.2. Multivariate Analysis
  4.3. Robustness tests
 5. Concluding Remarks
 References
 Appendix
 Figure
 Table

키워드

저자

• Hakkon Kim [ Korea Advanced Institute of Science and Technology (KAIST) ]
• Kwangwoo Park [ Korea Advanced Institute of Science and Technology (KAIST) ] Corresponding author

참고문헌

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간행물

표지보기 관심저널 등록

• 간행물명

  한국재무학회 학술대회

• 간기

  부정기

• 수록기간

  2006~2024

• 십진분류

  KDC 325 DDC 330