한 · 중은행의 상호진출이 경영성과에 미치는 영향 = The Effect of the Bilateral Expansion of Korean & Chinese Banks on Bank Performance

다국어 초록 (Multilingual Abstract)

This paper studies the influence of the bilateral expansion of Korean and Chinese banks onperformance. To conduct the empirical analysis, we select eleven Banks in South Korea andthirteen Banks in China over the 2000-2014 time frame. The main regression results are asfollowed. First, the sample bank’s overseas subsidiaries have a significant effect onprofitability and the profitability is somewhat deteriorates. Second, the sample bank's overseasbranch and subsidiaries have a significant effect on the bank's risk. That is, the loan lossprovision ratio is slightly increased but impaired loan ratio is highly decreased. Third, thesample banks' overseas branch and subsidiaries also have a significant effect on bankefficiency. The ratio of customer deposits per employee worsens somewhat but the gross loanper employee are increased. In conclusion, as time passes, bank profitability or efficiencyfrom mutual expansion of Korean banks and Chinese banks seem to be improving somewhat,and this phenomenon is more prominent at Korean banks than at Chinese banks.

참고문헌 (Reference)

1 제혜금, "한국과 중국 은행산업의 효율성 영향요인에 관한 실증분석" 국제지역학회 16 (16): 99-118, 2012

2 초효혜, "한ㆍ중 은행 해외현지법인의 수익성 결정요인 비교" 한국국제경영관리학회 19 (19): 195-215, 2015

3 전연주, "한·중 은행의 금융위기 전후 수익성 결정요인 변화 분석" 금융지식연구소 13 (13): 163-187, 2015

4 이명철, "일반은행의 수익성에 영향을 미치는 재무특성" 한국세무회계학회 (30) : 69-84, 2011

5 홍정효, "은행의 수익성 결정요인에 관한 실증적 연구" 한국산업경제학회 23 (23): 889-906, 2010

6 박정수, "은행의 대출확대가 은행수익성과 위험성에 미치는 영향: Bankscope 자료를 중심으로" 한국국제경제학회 19 (19): 51-73, 2013

7 김희창, "은행산업의 효율성 및 결정요인에 관한 실증 분석: Network DEA 모형과 Censored Tobit 모형을 이용하여" 한국산업경제학회 25 (25): 365-386, 2012

8 김창범, "우리나라 은행산업의 효율성 결정요인과 금융정책" 한국산업경제학회 25 (25): 801-825, 2012

9 변현수, "국내은행의 해외진출 결정요인에 대한 실증연구" 한국산업경영학회 24 (24): 287-319, 2009

10 이내준, "국내은행의 중국진출을 위한 경쟁력 강화방안" 위기관리 이론과 실천 11 (11): 157-180, 2015

11 Focarelli, D., "Where Do Banks Expand Abroad? An Empirical Analysis" 78 (78): 2435-2464, 2005

12 Gray, J. M., "The Multinational Bank : a Financial MNC?" 5 (5): 33-63, 1981

13 Yannopoulos, G. N., "The Growth of Transnational Banking" 236-257, 1983

14 Berger, A. N., "The Effects of Focus versus Diversification on Bank Performance : Evidence from Chinese Banks" 34 (34): 1417-1435, 2010

15 Pan, Qi-Xin, "The Effect of the Bilateral Expansion of Chinese and Korean Banks on Profitability, Risk and Efficiency" Kangwon National University 2015

16 Brealey, R. A., "The Determination of Foreign Banking Location" 15 (15): 577-597, 1996

17 Goldberg, L. G., "The Determinants of US Banking Activity Abroad" 9 (9): 123-137, 1990

18 Goldberg, L. G., "The Determinants of Foreign Banking Activity in the United States" 5 (5): 17-32, 1981

19 "S. Korean Banks Plan Overseas Expansion despite Disappointing Results"

20 Park, Hae-Sik, "Korean Banks’Tasks to Expand Business in Overseas Markets" KIF 7-13, 2013

21 Kim, Ji-Eun, "Korean Banks Need Oversea Expansion for Profit"

22 Berger, A. N., "Internationalization and Bank Risk" 63 (63): 2283-2301, 2016

23 Gulamhussen, M. A., "International Diversification and Risk of Multinational Banks : Evidence from the Pre-crisis Period" 13 : 30-43, 2014

24 Aliber, R. Z., "International Banking : a Survey" 16 (16): 661-678, 1984

25 Buch, C. M., "Information or Regulation : What Drives the International Activities of Commercial Banks?" 35 (35): 851-869, 2003

26 Goetz, M. R., "Identifying the Valuation Effects and Agency costs of Corporate Diversification: Evidence from the Geographic Diversification of US Banks" 26 (26): 1787-1823, 2013

27 Brighi, P., "How do Income Diversification, Firm size and capital Ratio Affect Performance? Evidence for Bank Holding Companies" 24 (24): 1375-1392, 2014

28 Cerutti, E., "How Banks Go Abroad : Branches or Subsidiaries?" 31 (31): 1669-1692, 2007

29 Berger, A. N., "Globalization of financial institutions: Evidence from cross-border banking performance" Brookings 23-120, 2000

30 Park, Dong-Chang, "Globalization of Korean banks : a strategy and model" Hankuk University of Foreign Studies 2011

31 Grosse, R., "Foreign Bank Activity in the United States : An Analysis by Country of Origin" 15 (15): 1093-1112, 1991

32 Boot, A. W., "European Lessons on Consolidation in Banking" 23 (23): 609-613, 1999

33 Goetz, M., "Does the Geographic Expansion of Bank Assets Reduce Risk?" National Bureau of Economic Research 2014

34 변혜영, "Determinants of Profitability, Risk, and Efficiency for Korean and Chinese Banks" 한국무역연구원 13 (13): 65-85, 2017

35 Buch, C. M., "Cross-border Bank Mergers : What Lures the Rare Animal?" 28 (28): 2077-2102, 2004

36 Jee, Man-Soo, "China-Korea FTA Negotiation : a Launch Pad to Strengthen Korea’s Financial Industry in Golbal Market" KIF 3-9, 2014

37 Kim, Kyung-Jin, "Banks Chase New Mobile Culture in China"

38 Su, Shuai, "An Empirical Analysis on the determinants of China's Commercial Banks Profitability:Comparative the State-owned commercial banks and the Joint Stock Commercial Banks in two periods'" 9 (9): 123-143, 2010

39 Lee, Byoung-Tae, "A study on the analysis of foreign direct investment and it's determinants in financial industry : Focused on the case of Korea exchange bank" Dong-A University 2013

40 Liu, Si-Tong, "A Study on the Strategy of Korean Bank to Advance into Chinese Financial Market" Soongsil University 2017

41 Yang, Jong-Sik, "A Study on the Globalization Plan of Korean Banks" Sajong University 2011

42 Yamori, N., "A Note on the Location Choice of Multinational Banks : The Case of Japanese Financial Institutions" 22 (22): 109-120, 1998