Determinants of customers’ intentions towards environmentally sustainable banking: Testing the structural model

The increasing urbanization and changing consumption patterns are putting great strain on environmental sustainability. The consumption patterns need to be reformed due to the great contribution to rising carbon emissions. The customers are also becoming aware of the various environmental issues. The current research developed and tested a conceptual framework to scrutinize the antecedents of customers' intentions to adopt environmentally sustainable banking services and activities. Following the theory of planned behaviour (TPB), this paper incorporated the constructs namely trust, environmental consciousness, and perceived behavioural outcomes in addition to its basic variables. The data were gathered from a cross-sectional sample of 440 Indian bank customers using a survey method. PLS-based structural equation modelling technique was employed to test the research model. The results indicated that TPB constructs exert significant influence on customers’ behavioural intention. The environmental consciousness was marked as a highly significant predictor of perceived behavioural outcomes which in turn was found to be a significant determinant of trust as well as behavioural intention. Moreover, the attitude was found to be a significant outcome of trust and environmental consciousness. This research puts forth the theoretical as well as managerial implications and provides directions for further research in the concerned thrust area.     

基于动态因子Copula模型的我国银行系统性风险度量

本文基于2007年至2019年我国14家上市银行的股票收益率,构建偏态t-分布动态因子Copula模型,利用时变荷载因子刻画单家银行与整个系统的相关性,计算联合风险概率作为系统性风险整体水平的度量,基于关联性视角提出了新的单家机构系统脆弱性和系统重要性度量指标——系统脆弱性程度和系统重要性程度。该方法充分考虑了银行个体差异性和系统的内在关联性以及收益率的厚尾性和非对称性,从而能够捕捉到更多的信息且兼具时效性。研究表明:银行机构在风险聚集时期相关程度更大,联合风险概率能够准确识别出系统性风险事件且在我国推行宏观审慎评估体系以后有明显降低;整体而言,大型商业银行系统重要性水平最高,同时风险抗压能力也最强;本文使用的度量方法降低了数据获取成本且更具时效性,有助于为宏观审慎差异化监管工作提供借鉴和参考。     

Does more finance mean more inequality in times of crisis?

Many recent empirical studies show that both banking crises and financial development (FD) play an important role in understanding the dynamics of income inequality (IncI) over the last decades. However, so far no study has investigated the role of FD in the amplification of IncI following banking crises. This paper seeks to address this issue based on a sample of 69 banking crises in 54 countries over the 1977–2013 period. Our analysis suggests that FD is associated with a significant increase in IncI in the aftermath of banking crises. This result is robust to a broad range of alternative specifications and is unaffected by various potential sources of endogeneity. We also show that the relationship between FD and the redistributive consequences of banking crises is not subject to a threshold effect and is stronger for developing countries.     

印度小额信贷的发展及启示

印度小额信贷的发展主要是以自助团体为基础的联系银行计划(LBP)所推动。小额信贷联系银行计划(LBP)的运作关键在于组建自助团体,建立自助团体与银行的联系。经过十多年的发展,印度拥有了发展中国家最大和成长最快的小额信贷项目。中国与印度都是发展中的人口大国,剖析印度小额信贷的经验可以为我国小额信贷的发展提供重要启示。     

Impact of the Financial Crisis on Banking Acquisitions: A Look at Shareholder Wealth

This paper examines the influence of the 2007–08 financial crisis on value creation for acquirer’s shareholders in the banking industry using a sample of 883 deals over 2004–12. Applying an exploratory and top-down approach, banking acquisitions are considered at the global level, narrowing the analysis step by step to consider domestic versus cross-border acquisitions. Then cross-border deals are split based on the economic development of the acquirer and target countries. It is observed that only acquisitions involving emerging-economy acquirers and developed-economy targets generate positive and significant returns to shareholders after the crisis. Major changes in the global acquisition landscape are also observed since 2007, with emerging-economy banks increasing their acquisition activity, both nationally and internationally.     

中国银行业创值能力分析--EVA体系对银行经营绩效的考察

中国经济要保持高速、稳定增长,需要进一步提高经济效率,实现质量型增长.其中,关键是资金效率.中国资金运用效率的高低很大程度上取决于占社会资金78%以上的银行业的资金效率.为此,本文应用EVA分析体系来综合系统地分析中国银行业的绩效.分析结果显示,上市银行虽然好于非上市银行,但由于国有商业银行的比重较大,银行业整体创值能力明显较弱.建议以提高国有商业银行资金运用效率为当下改进社会资金运用效率的切入口.     

论银行业客户关系管理系统的构架与建设

客户关系管理(Customer Relationship Management,CRM)是在计算机与信息网络技术基础上发展起来的一种新的管理思想、管理方法和技术。客户关系管理系统的建立和应用,为企业适应消费者需求的变化、赢得市场竞争优势提供了有效的手段。本文结合银行业的特点,就银行业客户关系管理系统的开发与应用问题展开分析,并对银行业客户关系管理系统的构架进行探讨。     

浅议我国银行监管制度的完善

银监会成立后,我国的银行监管工作进入了一个新的时期。但是由于历史的原因以及中国银行业本身的局限性,我国在银行监管方面仍面临许多问题。首先对我国银行监管制度的现状与暴露出来的问题进行较为深入地分析,进而就如何改进和加强银行监管工作,完善银行监管制度,提出了对策与建议     

再论中国金融体系的脆弱性

本文的目的就是通过验证我国金融体系在不完全市场的制约条件下,能否发挥"价值创造、价格发现、风险分散、流动性供给、信息生产和公司治理"这六大基本功能,以及通过进一步检验货币政策的有效性,来揭示当今中国金融体系脆弱性的表现及其症结所在.论文通过分析发现,目前影响我国金融体系"健全性"的两大基本要素是房地产价格和流动性,它们直接左右银行的信贷行为;相反,利差幅度和基础货币的调控却没有显著的制约效果.所有这些特征都恰恰反映了我国金融体系的基本功能至今为止还没得到有效的发挥.     

国有商业银行上市对银行业效率水平的影响——基于Malmquist生产率指数的实证分析

文章基于我国15家各类性质银行在1996-2010年经营效率数据基础上,利用数据包络分析法(DEA),对我国银行1996-2010年经营效率进行总体评价与分析,报告了我国银行业务经营效率水平。通过应用Malmquist生产率指数对银行业务经营效率变动得进行了调查和测量,结果反映了银行上市后银行业效率提高幅度明显,尤其是国有银行进步最快,但我国商业银行普遍存在规模报酬递减的状况,需要进一步提高规模报酬。从动态上看,我国银行业1996-2003年全要素生产率总体上出现小幅的下降,但2004年以后,随着国有银行逐步上市,我国银行业全要素生产率得到了稳步的提升。笔者认为我国银行需不断拓展表外业务、提高日常管理水平、吸收更多高学历人才和增加新兴技术的自主创新。