神马品牌网阿莫斯特沃斯基:帮忙翻译哦，谢谢！
来源：百度文库 编辑：神马品牌网 时间：2024/04/28 21:14:26
不要使用翻译软件，我也会，大家帮帮忙，急用，翻译的好我会追加分数的。
We also include an equity-to-assets ratio to test whether the cost of capital played a role in determining foreign bank presence. To the extent that differing regulation and supervision across countries drive this ratio, it reflects differing costs of capital.We hypothesize that countries where regulators required banks to hold larger amounts of capital were less attractive to foreign banks. We include the variable
OPENNESS to test whether past restrictions on foreign banking affect current foreign banking.
Lastly, Brealey and Kaplanis (1996) suggested that in large part patterns of foreign trade and investment drive foreign banking. However, Nolle and Seth(1996) pointed out that the connections between foreign trade and investment and foreign banking were looser than often thought. Thus, we include measures of the
extent of international trade to test whether this affects foreign banking presence.
We also include an equity-to-assets ratio to test whether the cost of capital played a role in determining foreign bank presence. To the extent that differing regulation and supervision across countries drive this ratio, it reflects differing costs of capital.We hypothesize that countries where regulators required banks to hold larger amounts of capital were less attractive to foreign banks. We include the variable
OPENNESS to test whether past restrictions on foreign banking affect current foreign banking.
Lastly, Brealey and Kaplanis (1996) suggested that in large part patterns of foreign trade and investment drive foreign banking. However, Nolle and Seth(1996) pointed out that the connections between foreign trade and investment and foreign banking were looser than often thought. Thus, we include measures of the
extent of international trade to test whether this affects foreign banking presence.
我们也采纳一个"资产净值比"来检验资本成本是否在决定外国银行存在与否中扮演了一定角色。就这个方面来说，各国的不同规章制度与监管条例驱动此比率，从而也反映出不同的资本成本。我们假定：某些国家的执政政府要求银行持有较大的资本额，这些国家对于外国银行来说，吸引力较小。我们采纳各种“开放因素”来检验过去对于外国银行业的限制是否影响着现在的银行业。终于，Brealey and Kaplanis (1996)提出，大量图表显示，对外贸易和投资才是驱动外国银行业的因素。 然而，Nolle and Seth(1996) 指出，对外贸易和投资与外国银行业的关联并不如人们常想的那么紧密。因此，我们又引入国际贸易的范围这个数据，借此检验其是否影响外国银行业的存在。