Regulatory arbitrage, credit expansion and the development of shadow banking in China- from the perspective of bank-issued wealth management products
Bank-issued Wealth Management Products (WMPs) are perceived as the largest part of China’s shadow banking system and has undergone dramatical growth during the past decade. This study uses a sample of 46 commercial banks and adopts two-step system GMM to investigate the determinants for the rise of...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | en |
| Published: |
Human Resource Management Academic Research Society
2024
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| Online Access: | http://psasir.upm.edu.my/id/eprint/117836/1/117836.pdf http://psasir.upm.edu.my/id/eprint/117836/ https://hrmars.com/index.php/IJARAFMS/article/view/20757/Regulatory-Arbitrage-Credit-Expansion-and-the-Development-of-Shadow-Banking-in-China-from-the-Perspective-of-Bank-issued-Wealth-Management-Products |
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Internet
http://psasir.upm.edu.my/id/eprint/117836/1/117836.pdfhttp://psasir.upm.edu.my/id/eprint/117836/
https://hrmars.com/index.php/IJARAFMS/article/view/20757/Regulatory-Arbitrage-Credit-Expansion-and-the-Development-of-Shadow-Banking-in-China-from-the-Perspective-of-Bank-issued-Wealth-Management-Products