The Effects of Management Decisions on Agricultural Bank Failures
通过配对农村县内倒闭与未倒闭的农业银行，用Probit模型分析资产负债表项目对倒闭概率的影响，发现贷款资产比和农业贷款占比高会增加倒闭风险，而高资本比率和隶属多银行控股公司则降低风险。
Abstract The assertion that local economic conditions have been responsible for the failures of large numbers of agricultural banks is investigated by pairing solvent and failed banks within rural counties and examining whether balance sheet items alone explain differences in the probability of failure for the two groups of banks. Estimation of a probit model indicates that higher ratios of loans to assets and agricultural to total loans were associated with higher probabilities of failure; banks with higher capital ratios and those affiliated with multibank holding companies had lower probabilities of failure.