Climate Change Data Portal
DOI | 10.1007/s10644-024-09651-8 |
Does climate policy uncertainty matter for bank value? | |
发表日期 | 2024 |
ISSN | 1573-9414 |
EISSN | 1574-0277 |
起始页码 | 57 |
结束页码 | 2 |
卷号 | 57期号:2 |
英文摘要 | We examine whether and how climate policy uncertainty (CPU) affects bank value. Based on a sample of Chinese listed banks, we find that CPU is negatively associated with bank value, irrespective of bank type and bank size. Moreover, the increased CPU exacerbates the negative effects on bank value of the ratio of non-performing loans to total loans (NPL), operational efficiency (OE), and leverage ratio (LEV), suggesting that NPL, OE, and LEV are possible channels through which CPU harms bank value. The policy implication is that bank equity investors need to take the impact of CPU into account when deciding their investment portfolios while bankers and regulators need to improve some key financial indicators to reduce the negative impact of CPU. |
英文关键词 | Climate policy uncertainty; Bank value; Climate change |
语种 | 英语 |
WOS研究方向 | Business & Economics |
WOS类目 | Economics |
WOS记录号 | WOS:001175032800004 |
来源期刊 | ECONOMIC CHANGE AND RESTRUCTURING |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/291383 |
作者单位 | Guangdong University of Technology; Fu Jen Catholic University; South China University of Technology |
推荐引用方式 GB/T 7714 | . Does climate policy uncertainty matter for bank value?[J],2024,57(2). |
APA | (2024).Does climate policy uncertainty matter for bank value?.ECONOMIC CHANGE AND RESTRUCTURING,57(2). |
MLA | "Does climate policy uncertainty matter for bank value?".ECONOMIC CHANGE AND RESTRUCTURING 57.2(2024). |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
百度学术 |
百度学术中相似的文章 |
必应学术 |
必应学术中相似的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。