孙秀峰

个人信息Personal Information

副教授

硕士生导师

性别:男

毕业院校:大连理工大学

学位:博士

所在单位:金融与会计研究所

学科:会计学. 投资学. 企业管理

办公地点:管理与经济学部 D456房间

联系方式:0411-84709665

电子邮箱:xiufengs@dlut.edu.cn

扫描关注

论文成果

当前位置: 中文主页 >> 科学研究 >> 论文成果

The research on distress warning for Chinese listed commercial banks: An option-based approach

点击次数:

论文类型:会议论文

发表时间:2010-08-24

收录刊物:EI、Scopus

摘要:Using an option-based approach, this paper constructs a distress warning model for Chinese commercial banks and analyzes the distress situations of China's 14 listed commercial banks with the samples in 2008. According to the empirical results, we obtain two valuable conclusions that the option-based approach is valid in distress warning of Chinese banking and the distance-to-distress is more sensitive to the interest rate than to the distress barrier. The study results also show that China's 14 listed commercial banks all appear to be safe because of their positive values of distance-to-distress and the state-owned banks have the best distress situations. ? 2010 IEEE.