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Income Diversification in the Chinese Banking Industry: Challenges and Opportunities


Income Diversification in the Chinese Banking Industry: Challenges and Opportunities



von: Zhixian Qu

CHF 118.00

Verlag: Springer
Format: PDF
Veröffentl.: 26.05.2020
ISBN/EAN: 9789811558900
Sprache: englisch

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Beschreibungen

<p>This book provides an overview of the historical financial reforms and regulatory changes in China, highlighting the background to and causes of changes in the income structure of China's banks. It also investigates ongoing concerns with regard to banking diversification in China, and its consequences, amid the global trend of banks’ shift to non-traditional businesses. Focusing on three critical aspects of bank-income diversification, namely the effects on profitability, risk level, and efficiency, it employs the concept of systemically important banks, which describes the scale and degree of influence a bank has in global and domestic financial markets. More importantly, rather than replicating techniques employed in the research on developed markets, it applies several improved methodologies to address bank diversification in the specific context created by China’s unique institutional background and data characteristics, such as GMM-type threshold models and stochastic frontier analysis with the within maximum likelihood estimation. Shedding new light on the current status of income diversification in the Chinese banking sector, this book is a valuable resource for readers in fields such as banking and financial stability. It will also help banking professionals and financial regulatory authorities to better understand the reform of China's financial industry and the future direction of banking.</p>
Introduction.- The Rise and Development of Non-traditional Banking Business in China.- The Impact of Income Diversification on Chinese Banks: Bank Performance.- The Impact of Income Diversification on Chinese Banks: Bank Risk.- The Impact of Income Diversification on Chinese Banks: Bank Efficiency. Conclusion.
<p>Dr. Zhixian Qu holds a Ph.D. from Durham University, UK. During his Ph.D. program, he received a Chinese government award for outstanding self-financed students abroad. He also received funding for academic projects from the “Seedcorn” fund of the University of Tübingen and Durham University. He has worked as a Research and Teaching Assistant at Durham University and the University of International Business and Economics and has also been employed by several internationally respected financial institutions, such as Standard Chartered Bank and China Construction Bank. Consequently, he is familiar with international finance and financial institutions and has a deep understanding of both theory and practice. Dr. Qu’s research interests focus on corporate finance, in particular risk management and efficiency estimation in the banking sector. His work has been presented at several top-level global conferences, such as the International Finance and Banking Society (IFABS) Conference and the Portsmouth-Fordham Conference on Banking and Finance (PFCBF).</p>
<p></p><p>This book provides an overview of the historical financial reforms and regulatory changes in China, highlighting the background to and causes of changes in the income structure of China's banks. It also investigates ongoing concerns with regard to banking diversification in China, and its consequences, amid the global trend of banks’ shift to non-traditional businesses. Focusing on three critical aspects of bank-income diversification, namely the effects on profitability, risk level, and efficiency, it employs the concept of systemically important banks, which describes the scale and degree of influence a bank has in global and domestic financial markets. More importantly, rather than replicating techniques employed in the research on developed markets, it applies several improved methodologies to address bank diversification in the specific context created by China’s unique institutional background and data characteristics, such as GMM-type threshold models and stochastic frontier analysis with the within maximum likelihood estimation. Shedding new light on the current status of income diversification in the Chinese banking sector, this book is a valuable resource for readers in fields such as banking and financial stability. It will also help banking professionals and financial regulatory authorities to better understand the reform of China's financial industry and the future direction of banking.</p><br><p></p>
<p>Comprehensively analyzes the development of income diversification in the Chinese banking market in the context of extensive financial reform and regulatory and macroeconomic changes</p><p>Improves readers’ understanding of the desirability and main effects of diversification in Chinese banks in terms of profitability, risk exposure, and efficiency</p><p>Provides a well-structured study to allow bank managers and policymakers to better understand and address the development of non-interest income in China’s banking market</p>