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学术报告

主讲人: 姜靓靓
主讲人简介: Dr. Liangliang (Lilian) Jiang is an Associate Professor at the School of Accounting & Finance, Hong Kong Polytechnic University (PolyU). Her research interests include banking and financial institutions, corporate finance, accounting and auditing in corporate governance, and economics of regulation and corruption. Her papers are published in the Review of Financial Studies, Journal of Accounting Research, Journal of Financial and Quantitative Analysis, Review of Accounting Studies, Management Science, Journal of Money, Credit and Banking, and others. Her works and views have been presented in major finance and accounting conferences such as American Finance Association (AFA) Annual Meeting, Western Finance Association (WFA) Annual Meeting, European Finance Association (EFA) Annual Meeting, Financial Management Association (FMA) Annual Meeting, American Accounting Association (AAA) Annual Meeting, MIT Asia conference in Accounting and various conferences held by institutions such as Hong Kong Monetary Authority (HKMA), Federal Reserve Bank of St. Louis, and covered by Wall Street Journal (WSJ), VoxEU, National Bureau of Economic Research and World Economic Forum, etc.   Liangliang (Lilian) earns her Bachelor of Economics from the University of Shanghai for Science and Technology, Shanghai, M.A. in Financial Economics from University of Maine, Orono, and Ph.D. in Economics from University of Florida, Gainesville, U.S.A.  
主持人: 黄晓然
简介: How does information technology affect the price of financial assets? By studying the borrower-lender financial management systems (FMS), we show that banks charge lower loan spreads to borrowers with similar FMS to their own. This effect is stronger for borrowers in poorer information environments and for lenders with less lending experience or higher risk exposure. Although lenders impose more financial covenants on borrowers with greater FMS similarity, a structural estimation analysis shows that the price-covenant trade-off does not diminish the impact of FMS similarity on loan spreads. Furthermore, borrowers are more likely to secure loans from banks with similar FMS.
时间: 2024-10-24 (Thursday) 16:40-18:00
地点: 经济楼D235
期数:
主办单位: 厦门大学经济学院、王亚南经济研究院、邹至庄经济研究院
承办单位: 厦门大学经济学院金融系
类型: 独立讲座
联系人信息: 2182886
语言: 中文
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