Chen, Xueer; Wang, Chao - In: International Journal of Financial Studies : open … 9 (2021) 4, pp. 1-29
selection and moral hazard problems varied in different types of banks. Overall, our findings suggest that the Chinese … problems between the originator and investors. Liquidity and profitability, as important determinants indicating the moral … hazard problem, also affected securitization pre-2017Q4, but liquidity and profitability were found to be unimportant …