摘要
通过对中国金融资产管理公司不良资产回收率的影响因素进行实证分析,结果发现:金融不良资产自身因素、债务企业自身因素、资产管理公司自身因素、处置环境因素对金融不良资产回收率有重要影响。具体而言,贷款方式、贷款本金、企业偿债能力、企业规模、企业的所有制性质、具体处置方式和政府干预对金融不良资产回收率有显著影响,而企业的资产负债率与企业所处的区域位置、资产管理公司的打包处置、处置地区的法治水平对回收率则没有显著影响。研究结论对提高金融不良资产的处置绩效具有参考价值。
By investigating a long list of factors that affect non-performing assets （NPAs） recovery rate of Chinese asset management corporations （AMCs）, the author points out that four kinds of factors have significant influences on NPAs recovery rate, which are factors about NPAs, debtors, AMCs and disposal circumstances. In details, the factors, such as loan patterns, the loan principal, the enterprise＇s solvency, the enterprise＇s scale, the ownership status of enterprises and relevant disposal methods, influence the NPAs recovery rate greatly. In contrast, the asset-liability ratio, enterprise＇s geographic position, packing proposals of AMCs and the local legal environment have no significant affects on the recovery rate. The result may provide some instructions for AMCs on how to improve the disposal performance of NPAs.
出处
《金融论坛》
CSSCI
北大核心
2007年第9期32-39,共8页
Finance Forum
关键词
金融不良资产
回收率
资产管理公司
实证分析
non-performing assets
recovery rate
asset management corporation
empirical analysis
