Join our mailing list!
(Your shopping cart is empty)
Diane Publishing Books
Experience of Asian Asset Management Companies: Do They Increase Moral Hazard? -- Evidence from Thailand
Akiko Terada-Hagiwara (au); Gloria Pasadilla (au)
This paper examines the performance of Asian asset management companies (AMCs). The analysis reveals that the AMCs vary in their design & performance. The paper claims that AMCs can trigger moral hazard-induced bank lending. Empirical examination of the Thai experience of AMCs reveals that moral-hazard induced bank lending resulted in creating more new non-performing loans in the case of public AMCs. On the other hand, the centralized Thai Asset Management Company decreases the new NPL ratio, suggesting that this centralized AMC provokes no adverse moral hazards effect on financial institutions. Illustrations.
Air Combat: The New Face of War
Commonwealth of Science: ANZAAS & the Scientific Enterprise in Australia, 1888-1988
Asia Rising: Why America Will Prosper as Asia’s Economies Boom
U.F.O.s: The Sighting of Alien People & Spacecraft From the Earliest Centuries to the Present Day
Southern World: Trade & Travel Routes
Share your knowledge of this product with other customers...
Be the first to write a review
Diane Publishing Co
PO Box 617
Darby, PA 19023-0617
Become an Affiliate
Send Us Feedback
Copyright ï¿½ 2004 Diane Publishing Company. All Rights Reserved.