题名

Financial Derivatives Usage and Bank Risks: The Roles of Female Executives

并列篇名

衍生性金融商品運用與銀行風險－女性高階主管的角色

DOI

10.6545/JFS.202109_29(3).0001

作者

陳曉蓉(Hsiao-Jung Chen)

关键词

Gender ； female ； derivatives ； hedging ； credit risk ； 性別 ； 女性 ； 衍生性金融商品 ； 避險 ； 信用風險

期刊名称

財務金融學刊

卷期/出版年月

29卷3期（2021 / 09 / 30）

页次

1 - 59

内容语文

英文
中文摘要

This study provides empirical evidence on the roles of female executives in the relationship between financial derivatives usage and bank risks. The results show that female executives decrease the usage of financial derivatives and cause the low ratio of the net fair value of financial derivatives to total assets. Their ＂risk allocation＂ strategies reduce activity risks but raise the non-performing loan (NPL) ratio. However, when a female executive decides to use financial derivatives, the bank's NPL ratio will be reduced effectively. Hence, the authorities and bank stockholders should encourage banks to appoint women as executives from monitoring and hedging perspectives.
英文摘要

本文就女性高階主管在衍生性金融商品運用與銀行風險之間的關係所扮演的角色提供實證證據。結果發現，女性高階主管較少使用衍生性金融商品，其衍生性金融商品淨公允價值佔總資產比率較低。女性高階主管的「風險配置」策略會減少活動風險與增加逾放比率。若女性高階主管決定使用衍生性金融商品，反而可有效降低銀行逾放比率。
主题分类 社會科學 > 經濟學
社會科學 > 財金及會計學
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