Private capital holding, financial awareness of government and steadying operation of banks: Evidence from China.
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- Record sourced from PubMed, PMID 37167288.
- Also identified by DOI 10.1371/journal.pone.0285588 and PMC identifier 10174543.
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Abstract
Based on the panel data of 123 city commercial banks in China from 2007 to 2017, we use the dynamic panel system GMM estimation method to empirically test the impact of private capital holdings on the stability of city commercial banks. The results show that private capital holding improves the operating performance of city commercial banks, reduces the volatility of return on total assets, and is conducive to the stability of city commercial banks. Furthermore, the lack of financial awareness of local governments has led to the negative impact of private capital, that is, the stability of the banks has declined.
Medical subject headings
- Government