The multiple worlds of equity analysts: valuation,volume, and volatility     

Jesper Blomberg 《Journal of Cultural Economy》2016,9(3):277-295

This paper contributes to the increasing research on how experts within financial institutions co-produce and organize financial markets, and in particular how equity analysts enact stock markets characterized by high volume and volatility. The 20 equity analysts studied give qualitatively different accounts of what, from an outsider's perspective, appear to be very similar work. The analysts understand investment objects, equity markets, and what constitutes good analytical work in qualitatively different ways. This heterogeneity, or multiplicity, could be one source of the, unexplained by orthodox financial theory, ‘excess’ volatility and ‘excess’ trading volume on financial markets. Therefore, the paper complements accounts within heterodox finance theory and sociology-based studies of financial market activities.  相似文献   

浅谈网络银行存在的问题     

王晓燕 《集宁师专学报》2011,33(4):65-67

近年来,随着经济的快速发展网络技术逐步融合、渗透到银行业务中,网络银行业务以它快捷和便利的优势逐渐被越来越多的人所接受。诸如,现在许多人都利用支付宝来进行网上购物,而且通过网络进行炒股也变成很平常的事情。但由于我国网络银行起步比较晚,再加上受到内外部诸多因素的影响,网络技术的发展还存在许多问题,有待于我们不断地探索解决。本文阐述了什么是网络银行和网络银行的特点以及网络银行在服务和功能方面,尤其是在网上支服方面存在的问题。  相似文献   

论入世后我国的银行业改革     

单丹 《湖南大众传媒职业技术学院学报》2002,2(2):101-103

全球银行业发展明显地呈现出金融管制放松、银行业通过并购走向巨型化、银行业务全能化、国际化、电子网络化的趋势。这也是入世后我国银行业面临的形势。基于这一认识,我国银行业要放松金融管制,逐步取消分业经营限制,积极推动银行业的并购重组,倡导特色银行,加速推进银行业的电子化、网络化、透明化,重塑监管体制,构建功能性金融监管。  相似文献   

The dynamics of technological change in UK retail banking services: An evolutionary perspective   总被引：1，自引：0，他引：1  

Davide Consoli 《Research Policy》2005,34(4):461-480

The purpose of this paper is to elaborate an evolutionary perspective on the process of structural change that has characterized the banking industry in the United Kingdom (UK). For this purpose, the evolution of retail financial services is contrasted against the backdrop of the implementation and development of information and communication technologies (ICTs). The paper delves into the sources and the effects of technological change in banking over a long-term perspective (1840s-1990s) to point out the significance of the opportunities and the constraints that have shaped the growth and development of this industry. This is interpreted as a three-stage evolutionary process driven by intertemporal coordination across several complementary domains, including activities of production, business organization, consumption and the underlying regulatory setting. It is concluded that the evolution of UK retail banking displays the characteristics of a distributed process of innovation in which developers of technologies, service suppliers and customers contribute to the process of structural change of the industry.  相似文献   

基于SFA的外资银行进入对中国银行业效率的影响研究     

王敬华 《扬州职业大学学报》2011,15(4):1-4

采用随机前沿方法（SFA）中的BC（1995）Model2对中国93家商业银行2001年-2006年的年利润效率和技术无效率进行研究。结果发现：外资银行进入能显著降低中国银行业的技术无效率,促进中国银行业利润效率的提高。  相似文献   

The performativity of the yield curve     

Brett Christophers 《Journal of Cultural Economy》2017,10(1):63-80

This article explores the wide-ranging influence of the yield curve – a diagrammatic device for representing the term structure of effective interest rates on market-traded debt instruments – in contemporary monetary, financial and economic life. Drawing on the expanding literature on financial performativity, including within the field of cultural economy, the article submits that by virtue of its centrality to multiple, closely interconnected and often highly recursive sets of relations between economies, financial markets and central banks, the yield curve is performative at a range of different levels; and, parsing various different extant understandings of performativity, the article theorizes the particular nature of such performativity in the yield curve context. Against the grain of the bulk of the literature on financial performativity, however, the article also endeavors to connect the yield curve’s performativity explicitly to questions of privilege (the privileges of representation) and power (the power to perform) and their unequal distribution. That is to say, the article argues that to understand the multidimensional performativity of the yield curve, we need to draw out its political as well as cultural economy.  相似文献   

论我国银行网络业务外部监管之完善     

吴寒冰 《徐州教育学院学报》2003,18(2):14-17

作为互联网时代的产物,银行网络业务在国外和我国发展得都很快。但是对我国“网络银行”的概念认识有待澄清;银行网络业务具有不同于传统业务的地方,给银行带来了新的风险。这些都需要监管当局子以重视,实际的外部监管措施还有需要完善之处。  相似文献   

Understanding the Internet banking adoption: A unified theory of acceptance and use of technology and perceived risk application     

Carolina Martins  Tiago Oliveira  Aleš Popovič 《International Journal of Information Management》2014

Understanding the main determinants of Internet banking adoption is important for banks and users; our understanding of the role of users’ perceived risk in Internet banking adoption is limited. In response, we develop a conceptual model that combines unified theory of acceptance and use of technology (UTAUT) with perceived risk to explain behaviour intention and usage behaviour of Internet banking. To test the conceptual model we collected data from Portugal (249 valid cases). Our results support some relationships of UTAUT, such as performance expectancy, effort expectancy, and social influence, and also the role of risk as a stronger predictor of intention. To explain usage behaviour of Internet banking the most important factor is behavioural intention to use Internet banking.  相似文献   

制度变迁背景下影子银行体系生成逻辑的理论分析     

杨贺 《未来与发展》2014,(4):76-80,75

本文基于制度变迁理论,分析影子银行产生与发展的现实原因。采用博弈论的分析方法,对影子银行、正规金融机构、政府三个主体之间的博弈进行研究。研究显示：影子银行与正规金融机构二者有限度的合作使影子银行的制度安排在一定程度上满足非国有经济的金融制度需求;正式金融制度在一定程度上存在的非均衡状态．也是促进影子银行发展的关键因素：政府在影子银行的形成与发展过程中起着关键性的作用,它的策略行为决定了影子银行未来的发展规模、生存环境和演化方向。  相似文献   

1896—1911年摩根财团对中国铁路特权的争夺     

陈亚 《黔南民族师范学院学报》2014,(6):84-87

19世纪末至20世纪初,美国几大精英银行集团都在为抢夺投资市场份额而激烈竞争。作为美国顶尖的投行之一,摩根财团也是最早尝试在中国输出资本的美国财团。从京汉铁路投资开始,摩根财团逐渐进入中国市场并在这一市场上占有一席之地。在列强瓜分中国的狂潮中,作为后来者的美国,由政府支持以摩根财团为首的美国银行团参与湖广等几条主要铁路贷款的争夺,并最终形成四国国际银行财团。西方列强对中国铁路特权的争夺进一步激化了中国国内矛盾,客观上促进了中国国内民族运动的兴起,保路运动开始在各地风起云涌。随后爆发的辛亥革命推翻了清政府的统治,也使得各国财团遭遇严重的挫折。  相似文献