Capital structure in banking
Capital structure in banking
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银行业资本结构
DOI:
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发表时间:
2009
期刊:
影响因子:
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通讯作者:
Simon H. Kwan
中科院分区:
文献类型:
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作者:
Simon H. Kwan
Capital structure theories seek to explain why businesses choose different mixes of debt and equity to finance their operations. Banking firms represent a special case because of certain unique features in the industry, including a federal safety net and extensive regulation. The financial crisis of the past two years provided another set of special circumstances in which banks needed to raise capital. The preference banks have shown for issuing preferred shares in the private market in favor of government financing can be viewed through the lenses of capital structure theories.