Liquidity and Credit Risk Before and after the Global Financial Crisis: Evidence from the Korean Corporate Bond Market

2014 ◽  
Author(s):  
Dongheon Shin ◽  
Baeho Kim
Keyword(s):  
Financial Crisis ◽  
Credit Risk ◽  
Global Financial Crisis ◽  
Bond Market ◽  
Corporate Bond ◽  
Corporate Bond Market ◽  
Before And After ◽  
The Global Financial Crisis

scholarly journals The Theory and Empirics of Financial Development in the East Asian Bond Markets

2014 ◽  
Vol 5 (1) ◽  
pp. 45-76
Author(s):  
Thomas Kemetmüller
Keyword(s):  
Financial Crisis ◽  
Financial Development ◽  
Global Financial Crisis ◽  
East Asian ◽  
Bond Market ◽  
Corporate Bond ◽  
Bond Markets ◽  
Government Bond ◽  
Corporate Bond Market ◽  
The Government

Abstract The Asian financial crisis marked a turning point in financial development in East Asia that brought the development of bond markets within the focus of policy-makers. This paper tracks the benefits of an advanced bond market, the current state of the East Asian corporate and government bond markets and their rapid evolution since the Asian crisis. Subsequently, a multivariate model is used to determine the endogenous economic and institutional factors that drove growth in the region’s bond markets. The following findings may be noted: (1) growth in the government bond market was driven by the monetary sterilisation efforts of East Asian central banks in order to cope with excessive liquidity, (2) the government bond market may crowd out the corporate bond market, and (3) the corporate bond market grew particularly strongly during the global financial crisis.

GLOBALNO TRŽIŠTE KORPORATIVNIH OBVEZNICA

2021 ◽  
pp. 411-423
Author(s):  
Jasmina Labudović Stanković ◽  
Keyword(s):  
Global Financial Crisis ◽  
Small And Medium Enterprises ◽  
Bond Market ◽  
Corporate Bond ◽  
Bond Markets ◽  
Corporate Bond Market ◽  
The World ◽  
Policy Measures ◽  
The Global Financial Crisis ◽  
Medium Enterprises

In this paper, the author presents the situation in the global corporate bond market. Highlights the three largest corporate bond markets in the world - the US, China and the EU market. In the corporate bond market, mostly medium and large companies borrow, while this is much less often the case with small and medium enterprises. A developed and liquid corporate bond market is extremely important because it provides capital for investments, job financing and economic growth. The liquidity of this market has been called into question with the crisis 2007/2008 and the recession in which economies around the world found themselves. In order to help their economies and get them out of the crisis, and to provide capital to finance companies for business ventures, the states have also taken on an important role. The corporate bond market is reviving after the global financial crisis of 2007/2008, and is supported by unconventional monetary policy measures of some central banks in order to ensure the recovery of economies in crisis and provide the necessary liquidity.

scholarly journals The Investment in Fixed Assets Before and After the Global Financial Crisis (Empirical Study for Industry and Investment Sector in Palestine Stock Exchange)

2021 ◽  
Vol 12 (4) ◽  
pp. 52
Author(s):  
Tamer Bahjat Sabri
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Stock Exchange ◽  
Return On Assets ◽  
Significant Difference ◽  
Fixed Assets ◽  
Before And After ◽  
The Global Financial Crisis ◽  
Investment In Fixed Assets ◽  
Shed Light

This paper seeks to shed light on investment in fixed assets before and after the financial crisis that took place in 2008 and compare the two periods together in the sectors of industry and investment in Palestine Stock Exchange. The period between 2005 – 2007 was chosen to represent to the pre-crisis time and the period between 2010 -2012 was chosen to represent the post-crisis time. The population of the study consists of fifteen organizations from both sectors. To test the hypothesis of the study, the independent samples T-test was employed.The average ratio of fixed assets to the total assets of industry and investment rose from 56.2% before the crisis to 58.5% after the crisis. As for the hypotheses of the study, the findings showed no difference except for the seventh hypothesis. There was a statically significant difference in the ratio of fixed assets to equity between the listed companies that a high return on assets and those that have a low return.

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