Shadow banking in China

K Hachem - Annual review of financial economics, 2018 - annualreviews.org
Shadow banking and the Chinese economy are two subjects that have independently
garnered much attention. A new but actively growing literature is now emerging at their …

Top executives' early‐life experience and financial disclosure quality: impact from the Great Chinese Famine

S Yao, Z Wang, M Sun, J Liao… - Accounting & Finance, 2020 - Wiley Online Library
This study investigates the impact of top executives' Great Chinese Famine experience on
firm financial disclosure quality. We find firms led by top executives who experienced the …

Shadow banking in China compared to other countries

F Allen, X Gu - The Manchester School, 2021 - Wiley Online Library
China's shadow banking has been rising rapidly in the last decade, mainly driven by
regulations for banks, the Fiscal Stimulus Plan in 2008 and credit constraints in restrictive …

[HTML][HTML] Implicit guarantees and the rise of shadow banking: The case of trust products

F Allen, X Gu, CW Li, Y Qian - Journal of financial economics, 2023 - Elsevier
Implicit guarantees provided by financial intermediaries are a key component of China's
shadow banking sector. We show theoretically that project screening by intermediaries …

Do Chinese firms speculate during high economic policy uncertainty? Evidence from wealth management products

J Huang, Y **, Y Duan, Y She - International Review of Financial Analysis, 2023 - Elsevier
It has been well-documented that policy-related uncertainty has significant economic
consequences. Studies show that US firms tend to delay investments and be conservative …

Interest rate liberalization and the stability of the Chinese banking system: Exploring chained mediation effects of deposit competitiveness and wealth management …

K Kang, ZM Ashhari, MHDH Yahya, WN Soh… - Finance Research Letters, 2024 - Elsevier
This study uses quarterly unbalanced panel data of 46 commercial banks and adopts a two-
step system generalized method of moments to inspect the direct and indirect effects of …

Wealth management products, banking competition, and stability: Evidence from China

X Feng, E Lütkebohmert, Y **ao - Journal of Economic Dynamics and …, 2022 - Elsevier
Shadow financing through off-balance sheet wealth management products (WMPs) has
become increasingly important besides deposits in China. We quantify the economic …

[หนังสือ][B] Shadow banking and the rise of capitalism in China

A Collier - 2017 - Springer
In 2006, **ng Libin was a small-town coal entrepreneur in the hardscrabble town of Liulin in
Shanxi province. Liulin (pronounced “lowlin”) is one of China's poorest towns, where the air …

Neglected part of shadow banking in China

P An, M Yu - International Review of Economics & Finance, 2018 - Elsevier
Guaranteed off-balance sheet (consists of banker's acceptance, letter of credit and letter of
guarantee), is an essential part of China's shadow banking, but neglected by current …

Financialization Hypothesis

T Subasat, S Mavroudeas - World Review of Political Economy, 2023 - JSTOR
The financialization hypothesis (FH) is a popular leitmotiv which argues that the financial
system conquers the commanding heights of the capitalist economy. It maintains that finance …