{"product_id":"risk-issues-on-banking-industry-in-taiwan-and-mainland-china-von-feng-yuan-moh-und-bing-huei-lin","title":"Risk Issues on Banking Industry in Taiwan and Mainland China","description":"\u003cp\u003eThe global financial crisis of September 2008  highlighted the importance of financial stability,  financial soundness, and currency stability. This  dissertation contributes to the literature in these  areas with two studies. The first essay examines the  financial characteristics of banks that use  derivatives and those that do not, as well as the  relationship between the use of derivatives and  financial characteristics using quarterly data from  all domestic banks from March 1998 to March 2009.  The  second essay estimates the sensitivity of stock  returns to market, interest and exchange rate risks  of the Chinese and Taiwanese financial institutions,  and it also examines the pricing of these risk  factors in the framework of Ross'' (1976) arbitrage  pricing theory. The two-step estimation procedure  adopts a seemingly unrelated regression method using  daily data for the period from 21 July 2005 to 31  December 2009. Finally, the implications of these  findings for regulators, industrialists and  academicians are provided in this dissertation.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783844327151\"\u003e\u003ch3\u003eThe Determinants of the Use of Derivatives The Sensitivity of Stock Returns to Market, Interest and Exchange Rate Risks\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783844327151","offer_id":39469992247389,"sku":"9783844327151","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/f7c91b8b-2d5d-4a6c-b8fa-f52d26cffedd.jpg?v=1775626863","url":"https:\/\/shop.autorenwelt.de\/products\/risk-issues-on-banking-industry-in-taiwan-and-mainland-china-von-feng-yuan-moh-und-bing-huei-lin","provider":"Autorenwelt Shop","version":"1.0","type":"link"}