The determinants of bank liquidity: An empirical study on Chinese banks

Liquidity risk is considered to be inherent due to banks’ transformation functions. It determines a bank’s solvency and makes bank vulnerable to unexpected cash outflows. If not well managed, this risk will cause considerable loss to banks or even lead to bankruptcy. With the destructive effect of l...

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Main Author: YANG, JIALI
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2014
Online Access:https://eprints.nottingham.ac.uk/27131/
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author YANG, JIALI
author_facet YANG, JIALI
author_sort YANG, JIALI
building Nottingham Research Data Repository
collection Online Access
description Liquidity risk is considered to be inherent due to banks’ transformation functions. It determines a bank’s solvency and makes bank vulnerable to unexpected cash outflows. If not well managed, this risk will cause considerable loss to banks or even lead to bankruptcy. With the destructive effect of liquidity risk verified in the 2007 financial crisis, managing liquidity risk becomes one of the major tasks of worldwide commercial banks.This dissertation investigates the determinants of liquidity in Chinese banks to identify some practical ways of liquidity risk management. Particularly, intra-industry differences regarding the determinants will be examined. Throughout the whole empirical part, a quantitative method will be applied, including simple ratio analysis and panel data regression. Consequently, it is found that intra-industry differences do exist while big banks and small banks in China have different factors of liquidity. Besides, distinct from bank liquidity in other western countries, liquidity in Chinese banks shows no significant relationship with macro factors such as GDP. It is expected that these empirical results would provide some implications for banks and regulators in monitoring and controlling liquidity risk to some extent.
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spelling nottingham-271312017-10-19T13:50:47Z https://eprints.nottingham.ac.uk/27131/ The determinants of bank liquidity: An empirical study on Chinese banks YANG, JIALI Liquidity risk is considered to be inherent due to banks’ transformation functions. It determines a bank’s solvency and makes bank vulnerable to unexpected cash outflows. If not well managed, this risk will cause considerable loss to banks or even lead to bankruptcy. With the destructive effect of liquidity risk verified in the 2007 financial crisis, managing liquidity risk becomes one of the major tasks of worldwide commercial banks.This dissertation investigates the determinants of liquidity in Chinese banks to identify some practical ways of liquidity risk management. Particularly, intra-industry differences regarding the determinants will be examined. Throughout the whole empirical part, a quantitative method will be applied, including simple ratio analysis and panel data regression. Consequently, it is found that intra-industry differences do exist while big banks and small banks in China have different factors of liquidity. Besides, distinct from bank liquidity in other western countries, liquidity in Chinese banks shows no significant relationship with macro factors such as GDP. It is expected that these empirical results would provide some implications for banks and regulators in monitoring and controlling liquidity risk to some extent. 2014-12 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/27131/1/final_DT_upload.pdf YANG, JIALI (2014) The determinants of bank liquidity: An empirical study on Chinese banks. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle YANG, JIALI
The determinants of bank liquidity: An empirical study on Chinese banks
title The determinants of bank liquidity: An empirical study on Chinese banks
title_full The determinants of bank liquidity: An empirical study on Chinese banks
title_fullStr The determinants of bank liquidity: An empirical study on Chinese banks
title_full_unstemmed The determinants of bank liquidity: An empirical study on Chinese banks
title_short The determinants of bank liquidity: An empirical study on Chinese banks
title_sort determinants of bank liquidity: an empirical study on chinese banks
url https://eprints.nottingham.ac.uk/27131/