A New Unique Information Share Measure with Applications on Cross-listed Chinese Banks

2021 ◽  
pp. 106141
Author(s):  
Hong Li ◽  
Yanlin Shi
Keyword(s):  
Information Share ◽  
Unique Information ◽  
Chinese Banks

The Effects of Foreign Bank Entry on the Productivity of Chinese Banks

2017 ◽  
Vol 35 (3) ◽  
pp. 23-42
Author(s):  
Ran Cheng ◽  
Chao Wu ◽  
Keun-Yeob Oh
Keyword(s):  
Foreign Bank ◽  
Foreign Bank Entry ◽  
Chinese Banks ◽  
Bank Entry

O̅TA GYU̅ICHI. «SHINCHŌ-KŌ KI», BOOK IX (COMMENTED TRANSLATION INTO RUSSIAN)

2020 ◽  
pp. 229-248
Author(s):  
S. A. Polkhov ◽  
Keyword(s):  
Political Ideology ◽  
Russian Translation ◽  
Wall Paintings ◽  
Pure Land ◽  
Military Leaders ◽  
Unique Information

The article provides a Russian translation of the book IX of «Shincho̅-ko̅ ki». This part of the chronicle narrates the renewal of the war between Nobunaga and Honganji Temple. The followers of the True School of Pure Land besieged in Ozaka managed to inflict painful counterattacks against the forces of the “unifier of Japan”. Nobunaga detachments, trying to capture the Kizu fortress on the outskirts of Ozaka were surrounded and defeated. Ban Naomasa, one of his prominent military leaders, was killed, the army from Ozaka attacked the Tenno̅ji fortress, and only the help immediately rendered by Nobunaga saved the garrison from death. After that, Nobunaga blocked Ozakа on land and at sea. However, the fleet of the Mo̅ri house, which joined the ranks of Nobunaga opponents, and the allies of Mo̅ri were able to defeat the naval forces of Nobunaga and deliver provisions to Ozaka, which allowed Honganji to continue the struggle. Book IX also contains a description of the construction of Azuti Castle and its main tower (tenshu), Nobunaga’s residence. The unique information of the chronicle formed the basis for the further reconstruction of the tenshu’s appearance. The castle became the personification of the wealth and omnipotence of Nobunaga, a reflection of his claims to the role of supreme ruler of Japan. The wall paintings of the main tower halls manifest the influence of Confucianism, Buddhism and Taoism. The key symbols of the images are taken from Chinese political ideology.

Shadow banking from China's perspective: an empirical analysis of bank-issued wealth management products

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Syed Mehmood Raza Shah ◽  
Qiang Fu ◽  
Ghulam Abbas ◽  
Muhammad Usman Arshad
Keyword(s):  
Commercial Banks ◽  
Fixed Effects ◽  
Banking Sector ◽  
Balance Sheet ◽  
Estimation Method ◽  
Least Square ◽  
Shadow Banking ◽  
Content Type ◽  
Wealth Management ◽  
Chinese Banks

PurposeWealth Management Products (WMPs) are the largest and most crucial component of China's Shadow banking, which are off the balance sheet and considered as a substitute for deposits. Commercial banks in China are involved in the issuance of WMPs mainly to; evade the regulatory restrictions, move non-performing loans away from the balance sheet, chase the profits and take advantage of yield spread (the difference between WMPs yield and deposit rate).Design/methodology/approachIn this study, the authors investigate what bank related characteristics and needs; influenced and prompted the issuance of WMPs. By using a quarterly panel data from 2010 to 2019, this study performed the fixed effects approach favored by the Hausman specification test, and a feasible generalized least square (FGLS) estimation method is employed to deal with any issues of heteroscedasticity and auto-correlation.FindingsThis study found that there is a positive and significant association between the non-performing loan ratio and the issuance of WMPs. Moreover, profitability and spread were found to play an essential role in the issuance of WMPs. The findings of this study suggest that WMPs are issued for multi-purpose, and off the balance sheet status of these products makes them very lucrative for regulated Chinese commercial banks.Research limitations/implicationsNon-guaranteed WMPs are considered as an item of shadow banking in China, as banks do not consolidate this type of WMPs into their balance sheet; due to that reason, there is no individual bank data available for the amount of WMPs. The authors use the number of WMPs issued by banks as a proxy for the bank's exposure to the WMPs business.Practical implicationsFrom a regulatory perspective, this study helps regulators to understand the risk associated with the issuance of WMPs; by providing empirical evidence that Chinese banks issue WMPs to hide the actual risk of non-performing loans, and this practice could mislead the regulators to evaluate the bank credit risk and loan quality. This study also identifies that Chinese banks issue WMPs for multi-purpose; this can help potential investors to understand the dynamics of WMPs issuance.Originality/valueThis research is innovative in its orientation because it is designed to investigate the less explored wealth management products (WMPs) issued by Chinese banks. This study's content includes not only innovation but also contributes to the existing literature on the shadow banking sector in terms of regulatory arbitrage. Moreover, the inclusion of FGLS estimation models, ten years of quarterly data, and the top 30 Chinese banks (covers 70% of the total Chinese commercial banking system's assets) make this research more comprehensive and significant.

Программное обеспечение "ФемтоСкан Онлайн" в исследовании вирусов

2021 ◽  
Vol 14 (1) ◽  
pp. 62-67
Author(s):  
И.В. Яминский ◽  
А.И. Ахметова
Keyword(s):  
Environmental Factors ◽  
Scanning Probe Microscopy ◽  
Scanning Probe ◽  
Probe Microscopy ◽  
Geometrical Properties ◽  
Specialized Software ◽  
Unique Information ◽  
Urgent Task ◽  
External Conditions ◽  
Virus Research

Исследование вирусов стало особенно актуальной задачей на сегодняшней день. Сканирующая зондовая микроскопия позволяет получать уникальную информацию о морфологии и свойствах вирусов, недоступную другими методами, и может объяснить, например, способность вирусов противостоять многим внешним факторам среды, приспосабливаться к условиям. Механические и геометрические свойства, адгезия, склонность к агрегации, способность кристаллизоваться – эти данные можно получать с помощью зондовой микроскопии. В этих исследованиях специализированное программное обеспечение является важным инструментом для обработки и анализа полученных результатов. Nowadays, virus research has become an especially urgent task. Scanning probe microscopy allows one to obtain unique information about the morphology and properties of viruses, which are inaccessible by other methods, and may explain, for example, the ability of viruses to withstand many external environmental factors and adapt to external conditions. Mechanical and geometrical properties, adhesion, tendency to aggregation, ability to crystallize can be obtained using the probe microscopy. In these studies, specialized software is an important tool for processing and analyzing the results obtained.

Monitoring the socio-economic development as a priority of official statistics

2015 ◽  
Vol 60 (8) ◽  
pp. 12-24
Author(s):  
Renata Bielak ◽  
Ewa Czumaj
Keyword(s):  
Economic Development ◽  
Information Support ◽  
Modern World ◽  
Information Share ◽  
Official Statistics ◽  
Socio Economic Development ◽  
High Quality Information ◽  
Effective Transfer ◽  
Transfer Of Information

The mission of official statistics is to provide credible, reliable, independent and high-quality information on the state and changes in society, the economy and the environment, meet the needs of domestic and foreign users. Fulfillment of this obligation is reflected in the work of the current official statistics and in development activities. Monitoring of the socio-economic development requires continuous adaptation of statistics to the changing reality and the description of the phenomena and processes. The role of official statistics in the modern world goes far beyond the implementation of the research. Measuring sustainable development and information support for development policy are tangible examples of the undertaken challenges. The form and manner of data presentation have increasing importance for the effective transfer of information. To answer the need to improve communication with users, the CSO is implementing new systems of information share. The article describes, among others, ”Strateg” and ”Knowledge Databases”.

Learning Internal Controls from a Fraud Case at Bank of China

2012 ◽  
Vol 27 (4) ◽  
pp. 1171-1192 ◽  
Author(s):  
Huong Ngo Higgins
Keyword(s):  
Internal Control ◽  
Banking Sector ◽  
Business Students ◽  
Internal Controls ◽  
Fraud Triangle ◽  
Bank Of China ◽  
Recent Reform ◽  
Chinese Banks ◽  
Growing Economy ◽  
Triangle Theory

ABSTRACT This case provides an opportunity to discuss principles of internal control, the process by which an entity's board of directors, management, and other personnel provide reasonable assurance that fraud and theft are prevented and detected. The case also facilitates discussion of the unique corporate governance and internal control environments in China, a fast-growing economy. Readers will be asked to apply the fraud triangle theory to identify internal control weaknesses and to design control activities for preventing fraud. The case is intended for beginning auditing students, but is also suitable for a more general audience such as accounting, management, and business students at the M.B.A. or undergraduate level. The case introduces Bank of China (BOC) against the backdrop of China's banking sector. It describes the proliferation of non-performing loans in Chinese banks, the failure to report these loans correctly, and the way in which these conditions create a climate where fraud and theft might be easily hidden. These problems and the need for internal controls become evident in the description of a major fraud scheme at BOC. After relating this scheme, the case concludes by reviewing recent reform initiatives to modernize internal controls in Chinese banks.

scholarly journals Internationalisation of Chinese banks and financial institutions and its implications for IHRM

2019 ◽  
Vol 30 (14) ◽  
pp. 2121-2136 ◽  
Author(s):  
Robert Jack ◽  
Yimin Huang ◽  
Jian-Min (James) Sun ◽  
Fei Guo
Keyword(s):  
Financial Institutions ◽  
Chinese Banks
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