التفاصيل البيبلوغرافية
| العنوان: |
Does Climate Policy Uncertainty Affect Bank Systemic Risk?- Empirical Evidence from China. |
| المؤلفون: |
Zhang, Chenyao1 (AUTHOR), Liu, Xiaoxing1 (AUTHOR), Yang, Guangyi2 (AUTHOR) 230219082@seu.edu.cn |
| المصدر: |
Emerging Markets Finance & Trade. 2025, Vol. 61 Issue 1, p142-153. 12p. |
| مصطلحات موضوعية: |
*SYSTEMIC risk (Finance), *BANKING policy, *ECONOMIC indicators, GOVERNMENT policy on climate change, NEWSPAPERS |
| مستخلص: |
This study explores the impact of climate policy uncertainty (CPU) on the systemic risk of Chinese listed banks. We calculate China's CPU index from 2010 to 2022 through text analysis of newspaper articles. Using data from 42 listed banks, we document that CPU increases bank systemic risk and this impact is heterogeneous. Moreover, external shocks exacerbate the impact, while robust internal indicators and strong financial regulation reduce it. Further analysis indicates that this effect is nonlinear. This study provides several new aspects to enrich the understanding of this impact, thereby providing more comprehensive ideas for policymakers to ensure bank stability. [ABSTRACT FROM AUTHOR] |
|
Copyright of Emerging Markets Finance & Trade is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| قاعدة البيانات: |
Business Source Index |
|
لا يتم عرض النص الكامل للضيوف. |
تسجيل الدخول للوصول الكامل.
|