我國商業(yè)銀行次級債市場約束機制研究.pdf

1、復旦大學碩士學位論文我國商業(yè)銀行次級債市場約束機制研究姓名：吳浩申請學位級別：碩士專業(yè)：金融學指導教師：唐朱昌20080415StudyORthemechanismofmarketdisciplineinsubordinateddebtforChinesecommercialbanksAbstractMarketdisciplineisoneofthethreepillarsinthenewBaselAccordinordertostr

2、engththebankingsupervision，andthesubordinateddebthasgotffloreandmoreattentionbecauseofitsspecialmechanismofmarketdisciplineInrecentyears，mostofcommercialbanksinChinaissuedagreatsumofsubordinateddebtforincreasingtheircapi

3、taladequacyratio，andthemechanismofmarketdisciplinewouldbehelpfultotheChinesebankingriskregulationandthedevelopofChinesedebtmarket，SOthispaperresearchesthemechanismofmarketdisciplineinChinesebanksanditsimpactingfactorsOnt

4、hebaseofchapter2summarizingtherelateddocumentsathomeandabroad，thecharter3firstdiscussedthecharacteristicsofthesubordinateddebt舔anewfinancingtool，especiallycomparingitwithequityanddebtintheoperationalmechanismofmarketdisc

5、ipline；Next，weanalyzedindetailthedesignedcharacteristicsoftheChinesebanks’subordinateddebtwhichcouldinfluenceitsroleofmarketdiscipline，includingmaj由thearrangementofissuingtime，pricingandinvestorsandetc，andthenintroducedt

6、hedesignedcharacteristicsofsubordinateddebtintheselecteddevelopedcountriesandzonesandcomparedtheirsimilaritiesanddifferencesforusingasasourceofreferenceforChinaInthechapter4，thepaperfirstconstructedatheorymodelforanalyzi

7、ngtheimpactsofvariousfactorsonmarketdisciplineofChinesebanks’subordinateddebt，andthenbyalleconometricsmodelfurthertestedempiricallythemechanismofmarketdisciplineinChinesebanks’subordinateddebtInthecharter5，thepaperdiscus

8、sedfurtherthereasonsoftheweakenmarketdisciplinemechanisminChinesebanks’subordinateddebt，atthesametimegavethecorrespondingrecommendationsonhowtostrengthenthemechanismofmarketdisciplineKeywords：commercialbanks；subordinated