Microeconometric Analysis of Bank Competition and Financial Stability: Toward Regional Revitalization in Japan

2017 Fiscal Year Final Research Report

• Project/Area Number: 15K17092
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Multi-year Fund
• Research Field: Money/ Finance
• Research Institution: Okayama University
• Principal Investigator: OHKUMA Masanori 岡山大学, 教育学研究科, 講師 (60507987)
• Project Period (FY): 2015-04-01 – 2018-03-31
• Keywords: 地域・中小企業金融 / 協同組織金融機関 / コーポレート・ガバナンス / リスクテイク / 金融システムの安定 / 地方創生

Outline of Final Research Achievements

This study empirically analyzes the determinants of risk taking in regional financial institutions in Japan. This study finds that the corporate governance structure, including ownership form, affects risk-taking behavior in regional financial institutions. This finding is consistent with theories concerning potential agency conflicts between managers and owners.

Free Research Field

金融論