Abstract:
This paper empirically analyzes the impact of the credit system and legal right protection on bank credit scale and credit risks based on the panel data across 102 countries from 2004 to 2012. The results show that the credit system and legal right protection can promote credit scale, which also have remarkable inhibiting effect on the credit risk. Comparing against credit reporting breadth, credit reporting depth can do better in the field of expanding credit scale and reducing credit risk. The mixed credit system of PCR and CB is a more reasonable and realistic choice. Legal protection expands the scale of credit while reducing the risk of credit,the coexistence with the credit system has a positive impact on the credit market.
龙海明, 王志鹏. 征信系统、法律权利保护与银行信贷[J]. 金融研究, 2017, 440(2): 117-130.
LONG Haiming, WANG Zhipeng. Credit Reporting System,Legal Right Protection and Bank Credit. Journal of Financial Research, 2017, 440(2): 117-130.
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