IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v57y2021i2p444-464.html
   My bibliography  Save this article

The Effects of Going Public on Bank Risks: Evidence from China

Author

Listed:
  • Hongyan Geng
  • Maoyong Cheng
  • Junrui Zhang
  • Hong Zhao

Abstract

Using data from China’s banks between 1995 and 2017, we employ propensity score matching and difference in differences approaches to investigate the effects of going public on bank risks, including insolvency risk, capital risk, liquidity risk, asset quality, credit risk, and prudential behavior, and obtain the following results. First, bank risks (except for insolvency risk) are improved after going public. Second, going public has stronger effects if a bank is listed on more than one stock exchange. Finally, both the single-listing effects and cross-listing effects of going public on bank risks are stronger in state-owned banks than in non-state-owned banks.

Suggested Citation

  • Hongyan Geng & Maoyong Cheng & Junrui Zhang & Hong Zhao, 2021. "The Effects of Going Public on Bank Risks: Evidence from China," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 57(2), pages 444-464, January.
  • Handle: RePEc:mes:emfitr:v:57:y:2021:i:2:p:444-464
    DOI: 10.1080/1540496X.2019.1588726
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1540496X.2019.1588726
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/1540496X.2019.1588726?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:57:y:2021:i:2:p:444-464. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.