국내은행들의 재무건전성 하락은 도덕적 해이를 초래하는가? 기업 및 가계대출을 중심으로 = Does financial distress of Korean banks result in moral hazard problem? Evidence from corporate and household loan

다국어 초록 (Multilingual Abstract)

This study analyzes empirically whether the change of bank loan size is significantly occurred according to the change of financial soundness of bank. It also examines whether the change of financial soundness of bank affects significantly to lending behavior in terms of whether distressed-bank barrier hypothesis or moral hazard problem exists. The findings are as follows. Firstly, the decline of financial soundness results in making banks reduced household loan, not corporate loan. Secondly, regarding ownership structure, commercial banks located in Seoul tend to increase household loan if financial soundness are weaken. Thirdly, moral hazard problem is found in that the smaller the banks are, the more the banks increase the household loan when financial soundness is declined.

국문 초록 (Abstract)

본 연구는 은행의 재무건전성 변화에 따라 대출규모의 축소 또는 증가가 유의적으로 나타나는 지 여부를 실증적으로 분석하였다. 또한, 소유형태별, 자산규모별로은행 건전성 변화가 대출행태에 유의한 차이를 발생시키는 지 여부를 부실은행 제약가설 및 도덕적 해이현상의 존재여부를 중심으로 확인하였다. 분석결과는 다음과 같다. 첫째, 가계대출의 경우에 한해 은행건전성 하락은 은행들로 하여금 대출규모를 축소시키는 유인을 발생시킨다. 둘째, 소유형태와 관련해서 서울소재 시중은행들의 경우 건전성이 나빠질 경우 가계대출을 오히려 늘리는 경향이 있는 것으로 나타났다. 셋째, 소규모 은행일수록 건전성이 나빠졌을 경우 가계대출을 오히려 증가시키는 도덕적 해이현상이 존재하는 것을 확인할 수 있었다.

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