题目:The Impact of Foreign Bank Penetration on the Domestic Banking Sector: New Evidence from China
主讲人:罗丹 副教授 University of Reading
时间:2016年6月29日 上午9:00-11:00
地点:主楼216
主讲人介绍:
Dr Dan Luo is an Associate Professor in Accounting and Financial Management in Henley Business School, University of Reading. Before she joined the Henley Business School, she worked in the School of Contemporary Chinese Studies (SCCS) from May 2011 to June 2016 as an assistance professor in Business and Finance. She previously worked as a research fellow in the Centre of Global Finance, University of the West of England. Before that, she worked as a post-doctorate research fellow at SCCS, The University of Nottingham, where she was awarded her PhD and MA in Finance and Investment. She obtained her BA (Hons) Management in Accounting and Finance from Beijing Institute of Technology, China in 2005. She has also been a member of the Association of Chartered Certified Accountants (ACCA) since 2007. Her research interest is on the financial sector reform and evolvement, asset pricing, green finance (sustainable finance), shadow banking, and stock market development. Her research has been published extensively in high ranking journals including European Journal of Finance,Journal of Applied Financial Economics, The World Economy, Applied Energy, etc. In addition, she is also interviewed regularly by major media including BBC, South Morning Post, Aljazeera, etc.
内容介绍:
This study proposes a Foreign Banks’ Branch Networks Index (FBBNI) to capture bank-level exposure tocompetitionfrom foreign banks in terms of geographical proximity. The index takes account the rapidly expanded branch networks of both foreign and domestic banks in China and therefore serves as a better proxy to study the impact of foreign bank penetration on the performance of domestic banks. Based on a sample of three types of Chinese commercial banks from 2002 to 2011, we find that the expanded branch networks of foreign banks help to stimulate the improved profitabilityof domestic banks, as a result of higher achieved efficiency, and the increased non-interest income of domestic banks, as a result of knowledge transformation from foreign banks. These positive relationships are more pronounced among joint-stock banks (JCBs). Finally, foreign bank penetration has been found to play a significant role in stimulating the risk-management improvement of domestic banks, especially these with foreign strategic investors.
(承办:会计系,科研与学术交流中心)