/jurnalpengurusan Wed, 12 Oct 2022 12:56:05 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 /jurnalpengurusan/article/bank-risk-exposures-in-the-east-asian-region/?utm_source=rss&utm_medium=rss&utm_campaign=bank-risk-exposures-in-the-east-asian-region Wed, 12 Oct 2022 05:38:20 +0000 /jurnalpengurusan/?post_type=article&p=5875 Risk management is a pivotal factor for managing financial institutions. Efficient and sustainable banking activity requires managers to take all sources of instability into account and to adopt strategies against risks. The objective of the present paper is to investigate the sources of bank risks with a straightforward and comprehensive risk measurement for the East Asian region. The Z-risk index and a three-factor Capital Asset Pricing Model (CAPM) are adopted to estimate the probability of insolvency, systematic bank risks and unsystematic bank risks. The results demonstrate that banks in East Asian countries are exposed to a variety of risk exposures. Also, the findings show that banks with lower unsystematic risks do not necessarily have lower insolvency risks, indicating that the sources of insolvency risk are complicated and need further research. Finally, a regional cooperation strategy among banks is suggested so that exchange rate and interest rate risks can be reduced.

]]> /jurnalpengurusan/article/east-asian-bond-markets-and-economic-growth/?utm_source=rss&utm_medium=rss&utm_campaign=east-asian-bond-markets-and-economic-growth Sat, 08 Oct 2022 20:16:38 +0000 /jurnalpengurusan/?post_type=article&p=3754 Although the relationship between the stock market and growth has attracted many researchers, the number of studies that have been carried out into the links between debt and growth is very limited. This article examines the relationship between debt markets and economic growth. Three categories of debts are considered in this analysis, using data from China, Hong Kong, Japan, South Korea, and Thailand for the years 2002-2009. The results show that public and private debts have contributed significantly to the growth of the region. The significant contribution of debt markets to GDP, however, is not common for all the countries in the sample and varies according to the category of debts issued. Both public and foreign currency debts have contributed in a significantly positive way to South Korea’s GDP, but only public debt contributes in a significantly positive way to the growth of China and Hong Kong. As for Japan, none of the debt markets has had any impact on its GDP.

]]>